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$590,000
Est. payment /mo
3,750 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,750 sqft
Price per Sqft $157
MLS Listing ID 12776264
Year Built 1954
Annual Tax Amount $14,755
Tax Year 2025
Lot Dimensions 125*125
Property Sub-Type Mixed Use
Property Description
Exceptional opportunity to own an equipped mixeduse commercial building in the heart of Summit! This 3,750 sq ft brick building sits on an oversized 15,625 sq ft lot (five total parcels) with strong visibility and frontage on Archer Rd. Previously operated as a restaurant/bar with video gaming, the property is now vacant and ready for a new owneroperator or investor. The former tenant's lease expired in October 2026, and the landlord is unable to reopen the business due to obligations with other ventures-creating a perfect chance for a buyer to step in and activate this location immediately. The main level features a complete restaurant setup, including a walkin cooler, walkin freezer, bar area, prep space, and multiple pieces of commercial kitchen equipment that will remain with the property for the new owner. This significantly reduces startup costs for anyone looking to relaunch a restaurant, bar, cafe, or gaming establishment. Video gaming machines were previously installed and generated strong supplemental income. The second floor offers a spacious 3bedroom apartment, ideal for owneroccupancy or additional rental income. The property also includes parking for 20+ vehicles, making it ideal for hightraffic commercial use. Zoned B2, this location supports a wide range of business types such as restaurant, bar, retail, service, or redevelopment. With land, building, and existing equipment included, this is a rare turnkey opportunity in a highvisibility corridor. Bring your vision and make this Summit property your next successful venture.
Location
State IL
County Cook
Area Summit
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Mixed Use
Structure Type Brick
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Rosalva Rosales of Su Familia Real Estate
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