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$975,000 Just Listed
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Property Description
Highly visible, six-storefront shopping center in Summit. Situated along a busy road near a heavily traveled intersection and an I-55 exit, the property combines prominent street exposure with convenient access for customers and employees. The approximately 10,000-square-foot, single-story brick building features large storefront windows, individual entrances, and a continuous covered awning. Approximately 36 parking spaces in front and behind the building accommodate customers and employees. Built in 1982, the property occupies approximately 0.46 acres and is zoned B-2 General Business. All HVAC systems have been replaced. Offered at $975,000, a price of roughly $97.50 per square foot. A vacant 1,500-square-foot storefront offers potential for additional income, with possible modest rental growth over time as leases renew. With six storefronts, ample parking, strong visibility, and nearby interstate access, the center offers investors an income-producing property with potential for additional income.
Full Property Details
Full Property Details for MLS# 12772465
General
- Price: $975,000
- Taxes: $52,011 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12772465
Business
- Business Type: Retail
Additional Information
- Security/Safety: Sprinklers
Location
- Area: Summit
- County: Cook
- Township: Lyons
- Driving Directions: call listing agent for directions
Heating & Cooling
- Cooling Type: Central Individual
- Heating Type: Gas
Structural Information
- Stories/Levels: 1
- Square Feet: 10,014
- Current Bldg. Use: Medical/Dental
- Year Built: 1986
Unit Information
- # Tenants: 5
Lot Features
- Lot Size (Sq. Ft.): 21,000
- Lot Dimensions: 127 x 199
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $59,054
- Security Deposit: Sprinklers
- Assessment Year: 1986
- Tax Amount: $52,011
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat, Insurance, Sewer
Listed by Ellsbury Group LLC
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MLS# 12772465, Summit, IL 60501 (MLS# 12772465) is a Commercial property. MLS# 12772465 is currently listed for $975,000 and was received on September 30, 2026. Want to learn more about MLS# 12772465? 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.

