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Summit IL Real Estate & Commercial for Sale

3 Properties Found

The median home value in Summit, IL is $254,000. This is lower than the county median home value of $285,000. The national median home value is $308,980. The average price of homes sold in Summit, IL is $254,000. Approximately 46% of Summit homes are owned, compared to 42% rented, while 11% are vacant. Summit real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Summit real estate agent to arrange a tour today!
Learn more about Summit.


1–3 of 3 properties displayed
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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12089947
Type:
Multi-Family, Business Opportunities
Year built:
1963
A broker reciprocity listing Courtesy: Essex 312, LLC
View additional info

The Subject Property consists of eight (8) 1-bedroom, 1-bathroom apartments. A new owner can achieve an attractive 8.16% cap rate on current income. Current rents are below market rates presenting an opportunity for an investor to increase rental income by almost 18%, resulting in over a 22% increase in Net Operating Income. The property is all electric, meaning heat is tenant paid. Tenants also benefit from on-site coin laundry.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12004870
Type:
Mixed Use, Business Opportunities
Lot size:
0.07 Acres
Year built:
1961
A broker reciprocity listing Courtesy: Wilk Real Estate
View additional info

HIGHLY VISIBLE HARLEM AVENUE MIXED USE. LONG-TIME OWNER CURRENTLY OCCUPIES THE PROPERTY. RUN YOUR BUSINESS AND LIVE IN THE SAME BUILDING OR BECOME THE LANDLORD OF THE BUILDING. 1ST FLOOR IS APPROXIMATELY 1500SF AND INCLUDES A KITCHEN AREA/FULL BATHROOM AND 2-CAR ATTACHED GARAGE. 1ST FLOOR HAS AC UNIT! REMODELED BATHROOM IN 2019. 2ND FLOOR APARTMENT HAS 3 BEDROOMS, 1 BATHROOM AND A ROUGH-IN FOR A 2ND BATHROOM. ROOF REPLACED IN 2016, BOILER 1994 AND HWT 2000. SOME WINDOWS REPLACED IN 2007. THE ATTACHED 2-CAR GARAGE ALSO INCLUDES A GARAGE HEATER. ADD'L BONUS ROOM ON 2ND FLOOR CAN BE FINISHED INTO A FAMILY ROOM/ETC!

Beds:
n/a
Baths:
Sq.Ft.:
4,550
Status:
Active
MLS#:
11613246
Type:
Retail, Business Opportunities
Lot size:
1.22 Acres
Year built:
1970
A broker reciprocity listing Courtesy: @properties Commercial
View additional info

Hard Corner Strip Center at 63rd and Harlem with 12 additional lots to expand center, add parking, build separate retail or office building or more. 4 retail spaces fully leased inside the retail building with long term leases and good rents. Large sign on corner for all tenants and amazing visibility. Access to both Harlem as well as 63rd. Street. Just down the street from Seat Geek Stadium and near everything Harlem has to offer. Highly dense and strong vehicle traffic. Call for Financials and additional information.

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Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 7/22/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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