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$337,500
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Property Description
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.
Full Property Details
Full Property Details for 6244 S Archer Rd
General
- Price: $337,500
- Taxes: $34,412 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12513835
- Updated: 2/2/2026
- Added to Site: 102 day(s) ago
Business
- Business Type: Retail
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Summit
- County: Cook
- Township: Lyons
- Driving Directions: Archer avenue north or south to building
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Forced Air, Gas
Structural Information
- Stories/Levels: 1
- Square Feet: 4,500
- Year Built: 1919
Lot Features
- Lot Size (Sq. Ft.): 9,662
- Lot Dimensions: 120 x 180
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1919
- Tax Amount: $34,412
- Tax Year: 2023
Disclosures and Reports
- Property ID: 18133110160000
Listed by Coldwell Banker Real Estate Group
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Schools
Schools serving 6244 S Archer Rd
School Districts:Summit School District 104, Argo Community High School District 217
| Name | Grades | Distance |
|---|---|---|
Dr Donald Wharton Elementary School 7555 64th Street, Summit, IL 60501 | 5- | 0.3 mi |
W W Walker Elementary School 7735 66th Place, Bedford Park, IL 60501 | K-4 | 0.5 mi |
Walsh Elementary School, Summit, IL 5640 75th Avenue, Summit, IL 60501 | PK-4 | 0.8 mi |
Heritage Middle School, Summit, IL 6021 South 74th Avenue, Summit, IL 60501 | 6-8 | 0.6 mi |
Argo Community High School 7329 West 63rd Street, Summit, IL 60501 | 9-12 | 0.5 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 6244 S Archer Rd
Date
Details
Price
Change
Source
12/31/2025
Price Reduced
$337,500
-10%
MLS
11/10/2025
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6244 S Archer Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$34,412
12%
$98,215
38%
2022
$30,765
3%
$71,307
—
2021
$29,940
-2%
$71,307
—
2020
$30,653
-2%
$71,307
5%
2019
$31,344
3%
$68,179
—
2018
$30,313
—
$68,179
—
2017
$30,271
19%
$68,179
27%
2016
$25,386
44%
$53,751
39%
2015
$17,671
-4%
$38,609
-6%
2014
$18,399
30%
$41,075
16%
2013
$14,201
9%
$35,304
13%
2012
$13,034
—
$31,128
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6244 S Archer Rd
6244 S Archer Road, Summit, IL 60501 (MLS# 12513835) is a Commercial property. 6244 S Archer Road is currently listed for $337,500 and was received on November 10, 2025. Want to learn more about 6244 S Archer Road? Do you have questions about finding other Commercial real estate for sale in Summit? You can browse all Summit real estate or contact a Coldwell Banker agent to request more information.

