Retail Space / Illinois / Summit / 60501 / 7355 West Archer Avenue

7355 West Archer Avenue

Q: What is the asking price for 7355 West Archer Avenue in Summit?

The asking price for 7355 West Archer Avenue is $875,000

Q: What is the building size of this Retail property in Summit, IL?

The size of the building/unit at 7355 West Archer Avenue in Summit is 10,014 square feet.

Q: How much land does the Summit, IL property at 7355 West Archer Avenue include?

7355 West Archer Avenue in Summit includes 0.483 acres of land.

Q: What kind of Retail is the propery at 7355 West Archer Avenue?

The property at 7355 West Archer Avenue Summit, IL 60501 is listed as a Shopping Center Retail property.

Q: What is the population within 1 mile of 7355 West Archer Avenue?

The population within 1 mile of 7355 West Archer Avenue Summit, IL 60501 is 19,553 people.

Q: Who do I contact for questions about 7355 West Archer Avenue?

You should contact the listing agent, James Mattz, for any details regarding this commercial listing.

Summit, IL 60501

Listing ID: 270566

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7355 West Archer Avenue Summit, IL 60501 | for Sale | Photo 1

Building Size: 10,014 SF

Lot Size: 0.483 AC

Land Size: 21,033 SF

Building $/SF: $87.38

Land $/SF: $41.60

Price

$875,000

Description

Income Generating Investment Oportunity! Modern neighborhood strip center located in high traffic district. Close to I-55/I-294. Strong longterm tenants. Tenants pay own AC, Heat, Electric, & Gas! Long term owner retiring. Must show 20% liquidity. Qualified buyers only. Please DO NOT contact tenants.

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POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Chicago History of Retail Space for Sale

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Listing Demographics for 7355 West Archer Avenue Summit, IL 60501

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		19,553	122,166	450,153
Population Median Age		36	37	37
Population by Age	0-9 Yrs	2807 (14%)	16879 (13%)	62117 (13%)
	10-19 Yrs	3067 (15%)	18336 (15%)	67912 (15%)
	20-29 Yrs	2303 (11%)	14222 (11%)	58687 (13%)
	30-39 Yrs	2808 (14%)	18264 (14%)	63134 (14%)
	40-49 Yrs	2254 (11%)	15709 (12%)	58833 (13%)
	50-59 Yrs	2805 (14%)	15661 (12%)	56311 (12%)
	60-69 Yrs	1846 (9%)	12846 (10%)	44174 (9%)
	70+ Yrs	1663 (8%)	10249 (8%)	38983 (8%)

Median HH Income		$69,220	$67,667	$63,770
Total Household Income	< 24K	931 (14%)	6497 (15%)	23752 (16%)
	25-49K	1280 (20%)	8883 (21%)	33770 (23%)
	50-74K	1151 (18%)	7823 (18%)	26486 (18%)
	75-99K	845 (13%)	6473 (15%)	20551 (14%)
	100-199K	1613 (25%)	9956 (23%)	32461 (22%)
	200K+	408 (6%)	2172 (5%)	8949 (6%)

Highest Education Level	No Diploma	2753	12346	55380
	Diploma or GED	3989	26003	92349
	Some College	2682	17257	54724
	Assoc. Degree	926	6800	20950
	Bachelors Degree	1657	11912	44175
	Higher Degree	595	6172	23785

Total Housing Units		6,695	44,531	156,872
--Owner-Occupied		4,466	29,250	100,267
--Renter-Occupied		1,762	12,554	45,702
Owner-Occupied Values	< 100K	265	1769	7456
	100-199K	1494	11220	38214
	200-299K	1985	11772	34081
	300-399K	536	2956	10122
	400-499K	120	630	3688
	500K+	66	902	6707

Total Working Age Population		14,836	93,434	345,393
In Work Force		9,787	62,389	225,336
Not In Work Force		5,049	31,044	120,058
Workforce Employed		9,246	58,663	210,358
Workforce Unemployed		542	3,726	14,915
Civlian Workforce		9,787	62,389	225,272
Military Workforce		0	0	63

Total Households		6,228	41,804	145,969
Family Households		4,556	29,270	104,760
Non-Family Households		1,673	12,534	41,209
Married Couple		3,323	20,392	74,249
Other Family		1,233	8,878	30,511
Married w/Child		1,636	9,284	34,778
Single Male w/Child		215	1,335	4,860
Single Female w/Child		533	3,235	10,622

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Illinois	12,419,293	+3	12,830,632	+12	14,316,487	+6	15,138,849
Cook County	5,376,741	-3	5,194,675	+10	5,707,832	+5	5,990,243
Will County	502,266	+35	677,560	+34	907,625	+20	1,093,207

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 7355 West Archer Avenue in Summit?

The asking price for 7355 West Archer Avenue is $875,000

What is the building size of this Retail property in Summit, IL?

The size of the building/unit at 7355 West Archer Avenue in Summit is 10,014 square feet

How much land does the Summit, IL property at 7355 West Archer Avenue include?

7355 West Archer Avenue in Summit includes 0.483 acres of land

What kind of Retail is the propery at 7355 West Archer Avenue?

The property at 7355 West Archer Avenue Summit, IL 60501 is listed as a Shopping Center Retail property

What is the population within 1 mile of 7355 West Archer Avenue in Summit?

The population within 1 mile of 7355 West Archer Avenue Summit, IL 60501 is 19,553 people.

Who do I contact for questions about 7355 West Archer Avenue?

You should contact the listing agent, James Mattz, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
6915 West Archer Avenue, Chicago, IL	$649,900	15000	-
6136 South Archer Road, Summit, IL	$99,900	1000	-
7740 43rd Street, Lyons, IL	$265,000	16000	0.37
5607 West 63rd Street, Chicago, IL	$199,000	3250	0.13
20 East Quincy Street, Riverside, IL	$725,000	4000	0.23
4917 West 63rd Street, Chicago, IL	$489,900	10470	-
6420 Joliet Road, La Grange Highlands, IL	$3,750,000	18760	3.18
8501 88th Avenue, Justice, IL	$1,750,000	13460	1.35
7050 South Pulaski Road, Chicago, IL	CALL	96268	5.7
8320 South Cicero Avenue, Burbank, IL	CALL	80042	-

Closest Commercial Airports

Airport	Distance (mi)
Chicago Midway International Airport (MDW)	3
Chicago O'Hare International Airport (ORD)	14
Chicago Rockford International Airport (RFD)	72