Listing provided courtesy of Coldwell Banker Real Estate GroupMREDas Distributed by MLSGrid- MLS# 12513835MLS Provider

6244 S Archer RoadSummit, IL 60501

Commercial · 4,500 Sq. ft.
$274,900 Active

6244 S Archer Road Overview

Time on Site:
230 days
Visits:
6

Well-located neighborhood retail/strip center opportunity along highly traveled Archer Avenue in Summit, Illinois. This single-story property consists of approximately 4,500 square feet across three individual retail units, each roughly 1,500 square feet, offering flexibility for investors or owner-users. Situated on a 120 x 180 lot, the building provides excellent street exposure and frontage on Archer Road, a key commercial corridor serving the surrounding residential and business communities. The property is zoned MX and was originally constructed in 1919, offering a classic retail footprint adaptable to a variety of uses. The building is currently configured for multiple tenants and features forced-air gas heat, window-unit air conditioning, circuit breaker electric, and on-site utilities. Total reported annual income is $22,800, with individual spaces available, making this an attractive value-add or repositioning opportunity. Ideally suited for retail, service, or neighborhood-oriented businesses seeking visibility and accessibility in a dense Cook County market.

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6244 S Archer Road Facts & Features

  • Type Commercial
  • Sq. ft. 4,500
  • Price/Sq.ft. $61

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Gross Scheduled Income: 22800
  • Net Operating Income: 0

Building Information

  • Year Built: 1919

Business Information

  • Business Type: Retail

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Summit
  • Township: Lyons

Tax Information

  • Tax Annual Amount: $34,412.00
  • Tax Year: 2023

General Information

  • Parcel Number: 18133110160000
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Total: 4500

General Information

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Leasable Area: 4500
  • Stories: 1

Unit Information

  • Unit SqFt.: 1500

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 120X180
  • Lot Size Square Feet: 9662

General Information

  • Number Of Units Total: 3

6244 S Archer Road Neighborhood

Community

60501 (Summit) Demographics

33
Median Age
2,270
Population Density (per sq. mile)
19%
College Educated
$52,414
Estimated Median Income
1,927
Estimated Total Home Owners
1,553
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

6244 S Archer Road Monthly Cost

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$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

6244 S Archer Road Market Data

Based on the last 30 days in this zip code

$322,139
Average List Price
$204
Average Price per Square Foot
2
Properties Sold
45
Average Days on Market
15
Properties for Sale
Calculations provided by Reliance Network

6244 S Archer Road History

Date Event Value Agent
3/7/2026Source: MRED Status Change
Active
3/2/2026Source: MRED Price Reduction
$274,900 -8.3%
2/25/2026Source: MRED Price Reduction
$299,900 -11.1%
2/25/2026Source: MRED Status Change
Price Change
1/4/2026Source: MRED Status Change
Active
12/31/2025Source: MRED Price Reduction
$337,500 -10.0%
12/31/2025Source: MRED Status Change
Price Change
11/16/2025Source: MRED Status Change
Active
11/11/2025Source: MRED Added to Database
November 11, 2025