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$260,000
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Property Description
Opportunity to invest in an area with immense potential! Situated in a highly sought-after location, this property is primed for development. Currently used as a rental building, it offers the versatility to transition seamlessly into either COMMERCIAL or RESIDENTIAL use, providing a dual zoning option for potential buyers. The first floor boasts 2 bedrooms, 1 bathroom, and hardwood flooring throughout. On the second floor, you'll find 1 bedroom and 1 bathroom. With two separate electric meters, the property offers flexibility for different uses. Additionally, the expansive basement provides ample space for extra storage, further enhancing its utility. Each floor tenant is allocated two parking spots, and the property is conveniently within walking distance of the Metra. The land itself is just shy of an acre. Additional 2 acres for sale next door. This property is a must-see for anyone with an interest in embarking on their next development project! Close to I55 & I294, forest preserves, walking trails, shopping.
Full Property Details
Full Property Details for 8784 Archer Ave
General
- Sold For: $260,000
- Taxes: $11,844 (2021)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 11899317
- Added to Site: 874 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Exterior
- Exterior Features: Deck, Storms/Screens
Parking
- Total Spaces: 4
- Parking Features: Off-Street, Driveway, Rear/Side Entry
- Parking Type: Space(s)
- Parking On-Site: Yes
Location
- Area: Willow Springs
- County: Cook
- Driving Directions: Archer Ave., South. West of Willow Springs 1 block
School Information
- School District: 108
- Midd School District: 108
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Public
Structural Information
- Architectural Style: Bungalow
- Exterior Const.: Frame
- Basement Desc.: Full
- Foundation: Block
- Roof: Asphalt
- Year Built: 1929
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.93
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: 98 x 387 x 97 x 389
- Lot Features: Forest Preserve Adjacent
- Zoning: LNC
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1929
- Tax Amount: $11,844.89
- Tax Year: 2021
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 23052010090000
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Schools
Schools serving 8784 Archer Ave
School Districts:Willow Springs School District 108, Consolidated High School District 230
| Name | Grades | Distance |
|---|---|---|
Willow Springs Elementary School 8345 Archer Avenue, Willow Springs, IL 60480 | K-8 | 0.9 mi |
Amos Alonzo Stagg High School 8015 West 111th Street, Palos Hills, IL 60465 | 9-12 | 4.3 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 8784 Archer Ave
Date
Details
Price
Change
Source
6/12/2024
Sold
$260,000
-10.31%
MLS
11/20/2023
Price Reduced
$289,900
-3.33%
MLS
10/02/2023
Listed
$299,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8784 Archer Avenue, Willow Springs, IL 60480 (MLS# 11899317) is a Multi-Family property that was sold at $260,000 on June 12, 2024. This property was listed by Izabela Omielan from our La Grange Office.Want to learn more about 8784 Archer Avenue? Do you have questions about finding other Multi-Family real estate for sale in Willow Springs? You can browse all Willow Springs real estate or contact a Coldwell Banker agent to request more information.


