Date
Details
Price
Change
Source
2/05/2025
Listed
$630,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/76
$630,000
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Property Description
LONG TIME OWNERS ARE READY TO RETIRE & NOW YOU CAN Make This the INVESTMENT OPPERTUNITY OF YOUR HEART'S DESIRES!! *** Great opportunity for an air b&b catering to the high demand for families have hold ceremonies. The bar / restaurant is Cash Heavy generating cash flow from the gaming machines and the out-door venue hosting parties and events. But that's not all! Lease potential for 2 apartments could be 1,000 per month each!! This is an excellent opportunity for an entrepreneur to purchase a long standing, well-established, mixed use investment! With potential and high demand for retail space and residential rental units. Current use as bar/restaurant provides excellent cash flow. Additional income provided by multiple video gaming terminals. This charming and unique bar & restaurant has been part of the community since 1963. This listing has a famous history tied to legends & famous stories! Investor's can keep current business model or change to endless possibilities: B&B, Short or Long Term Rentals, Music Venue, Ceremonies / Banquets, Restaurant Lounge, Cafe, or Pub / Bar with bands and leisure gaming. Offering 3,275 square feet free standing building with 2 rental units: A 2 Bedroom Apartment Upstairs and a 1 Bedroom Apartment in the back on the main level. Providing opportunity for estimated 24,000 /year additional residential income. The real estate includes .75 acres of land composed of two separate parcels. The building is situated on .36 acres with the second parcel being mainly spacious land and the huge driveway. The bar & restaurant has so much history, charm, and character. Turn-key opportunity or create your own investment dreams here!! 5 video gaming terminals currently, with room for more. Functional kitchen. Full basement allows for additional storage. Large outdoor grass picnic area with stage, perfect for parties, picnics, and an excellent music / concert venue. Expansive outdoor wooden pavilion built in 2019 provides plenty of outdoor seating. Property has been lovingly maintained but being sold "As - Is". Proof of funds or lender approval letter required. Operating Income only available with a signed Confidentiality agreement, to be signed by buyer and agent. This Rare Opportunity sits On A High Traffic road with estimated daily traffic counts over 15,000.
Full Property Details
Full Property Details for 7400 Archer Rd #7400
General
- Price: $630,000
- Taxes: $11,670 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12281281
- Updated: 12/9/2025
- Added to Site: 360 day(s) ago
Interior
- Interior Features: Accessible Entrance, Accessible Washroom/s, Multi-Tenant, Private Restroom(s), Public Restroom(s), Storage Inside, Basement
- Flooring: Tile, Varies, Wood
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s)
Location
- Area: Justice
- County: Cook
- Township: Lyons
- Driving Directions: From Harlem Ave., turn west on 79th St. and then right, or north, on Archer. Proceed to property.
- Location Details: South Suburban, Southwest Suburban, Mixed-Use Area, In City Limits, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Utilities
- Onsite: Electricity to Site, Natural Gas Available
Structural Information
- Construction: Wood
- Exterior Const.: Wood
- Roof: Tar/Gravel
- Sub-Flooring: Tile, Varies, Wood
- Stories/Levels: 2
- Square Feet: 3,275
- Current Bldg. Use: Commercial
- # of Stores: 1
- Year Built: 1901
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 3
- Units w/Range/Oven: 2
Lot Features
- Lot Size (Sq. Ft.): 15,667
- Lot Dimensions: .36
- Frontage: City Street, Public Road
- Potential Use: Commercial, Condominium, Multi-Family, Retail
- Zoning: COMMR
Financial Considerations
- Security Deposit: Alarm On Site, Fire Extinguisher/s
- Assessment Year: 1901
- Tax Amount: $11,670
- Tax Year: 2023
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 18261090370000
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Schools
Schools serving 7400 Archer Rd #7400
School Districts:Argo Community High School District 217, Indian Springs School District 109
| Name | Grades | Distance |
|---|---|---|
Frank A Brodnicki Elementary School 8641 West 75th Street, Justice, IL 60458 | K-6 | 0.3 mi |
Argo Community High School 7329 West 63rd Street, Summit, IL 60501 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7400 Archer Rd #7400
Estimate the Cost
Estimate the Cost for 7400 Archer Rd #7400
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![[Address not provided], Justice, IL 60458 - Photo 1](https://m1.cbhomes.com/p/155/12557937/e0762a7FF56F44C/s23cc.webp)
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,120Sq. Ft.
- Single Family
- Active
- Updated 6 hours ago
- 4Beds
- 3Total Baths
- 1,398Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- 1,512Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 2Total Baths
- 1,351Sq. Ft.
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 2,900Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 1Total Bath
- 2,013Sq. Ft.
- Condo
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,100Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 5Beds
- 2Total Baths
- 2,025Sq. Ft.
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- Single Family
- Closed
- Updated 6 days ago
- 5Beds
- 3Total Baths
- 2,700Sq. Ft.
7400 Archer Road #7400, Justice, IL 60458 (MLS# 12281281) is a Commercial property. 7400 Archer Road #7400 is currently listed for $630,000 and was received on February 05, 2025. Want to learn more about 7400 Archer Road #7400? Do you have questions about finding other Commercial real estate for sale in Justice? You can browse all Justice real estate or contact a Coldwell Banker agent to request more information.