5818 S Archer Rd

For Sale

5818 S Archer Rd, Summit Argo, IL 60501

This Summit Argo property for sale is located at 5818 S Archer Rd. The general use of 5818 S Archer Rd is office and it incorporates 17,791 square feet of class C office space. Contact the listing broker for details on the current sale price for 5818 S Archer Rd. 5818 S Archer Rd is situated on a lot that is 1.12 acre in size.

Contacts

broker

Andrew Bobak

Cawley Commercial Real Estate

Property Details

  • Property Type Office - General Office
  • Property Size 17,791 SF
  • Units 7
  • Lot Size 1.12 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1958
  • Date Updated Nov 12, 2024
Immerse yourself in the allure of the location at 5818 S Archer Rd, Summit Argo, IL, 60501. Positioned in the thriving Summit Argo community, this area offers proximity to a variety of amenities and attractions. Nearby, investors can discover the convenience of shopping and dining options along Archer Road and nearby Harlem Avenue. Furthermore, the location provides easy access to major transportation routes, including the I-55 expressway, offering seamless connectivity for businesses and visitors alike. Embrace the promising investment potential of this dynamic Summit Argo neighborhood, where a blend of convenience and opportunity awaits.Explore an exceptional investment opportunity at 5818 S Archer Rd, Summit Argo, IL, 60501. This 17,791 SF building, comprised of 7 units and constructed in 1958, presents a compelling prospect for office building investors. With approximately 70% occupancy on short-term leases, this property offers an ideal scenario for owner-occupation, with existing tenants providing potential to offset mortgage costs. Subject to offer, the property is accompanied by a property tax of $104,060.89 (2023 paid 2024) and presents a promising investment proposition in the Summit Argo area. Discover the potential of this versatile and strategically positioned asset for your investment portfolio.

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Reach out to the broker for more info on lease terms and amenities

Highlights

  • Total Available: 17,791 SF
  • Pricing: Subject to Offer
  • PIN: 18-13-100-014-0000
  • Property Taxes: (2023 Paid 2024) $104,060.89 ($5.85 PSF)
  • Roughly 70% leased on short term leases
  • Ideal owner occupied with existing
  • tenants to offset the mortgage

Attachments

Getting around

  • 65/100

    Walk Score ®

  • 63/100

    Bike Score ®

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Location

  • City Summit Argo, IL
  • Zip Code 60501
  • Market Chicago

Points of Interest

  • Summit

    0.70 miles

  • Hollywood

    2.92 miles

  • Riverside

    2.93 miles

  • Brookfield

    3.02 miles

  • Harlem Avenue

    3.25 miles

  • Congress Park

    3.31 miles

  • Berwyn

    3.45 miles

  • LaGrange Road

    3.73 miles

  • Stone Avenue

    3.97 miles

  • Pulaski

    4.60 miles

  • Citgo

    0.44 miles

  • Speedway

    0.52 miles

  • Thorntons

    0.52 miles

  • Shell

    0.82 miles

  • BP

    1.15 miles

  • Compass

    1.40 miles

  • Mobil

    1.61 miles

  • ChargePoint

    2.89 miles

  • EVgo

    5.18 miles

  • Soofa Solar Phone Charger

    8.23 miles

  • Midway Parking

    2.42 miles

  • Midway Employee Parking

    2.48 miles

  • Midway Airport Rental Car Facility

    3.17 miles

  • Midway Airport Economy Garage

    3.21 miles

  • Airport Speed Parking

    3.26 miles

  • South Lot

    3.30 miles

  • Overflow Lot

    3.31 miles

  • Midway Airport Economy Lot

    3.48 miles

  • Parking Deck

    3.54 miles

  • Hampton Inn & Suites Bridgeview Chicago

    1.38 miles

  • Presidential Inn

    2.48 miles

  • Rodeway Inn Brookfield

    2.54 miles

  • Brookfield Motel

    2.61 miles

  • Chicagoland Motel

    2.62 miles

  • Super 8 by Wyndham Bridgeview/Chicago Area

    2.64 miles

  • Pioneer Motel

    2.66 miles

  • Colony Motel

    3.08 miles

  • Holiday Inn Countryside

    3.16 miles

  • Best Western Plus

    3.21 miles

  • ALDI

    0.71 miles

  • Fair Share Foods

    1.59 miles

  • Jewel-Osco

    2.22 miles

  • Marshalls

    2.42 miles

  • Target

    2.49 miles

  • Ross

    2.57 miles

  • Kohl's

    2.61 miles

  • Walmart Supercenter

    2.71 miles

  • Shop & Save Market

    2.79 miles

  • Riverside Foods

    3.03 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Andrew Bobak

Cawley Commercial Real Estate