Seller's Agent in 2026
Hisham Bedeir
Compass
(630) 935-6527
1 in this area
103 Total Sales
7318 W Archer Ave Summit, IL 60501
4
Beds
2
Baths
--
Sq Ft
1923
Built
Highlights
- Landscaped Professionally
- Corner Lot
- Forced Air Heating System
- Argo Community High School Rated A-
- Den
- Baseboard Heating
About This Home
As of March 2026Well-maintained all-brick two-flat in a prime Summit location just off Archer Avenue, priced to move and full of upside. Zoned R-4 with B-2 overlay potential, this is a rare opportunity to own a flexible property in a high-demand pocket-ideal for investors or live-in owners. Each unit offers 2 bedrooms, 1 bathroom, a four-season front room, updated kitchens with stainless steel appliances and dishwashers, and separate private laundry. The building has been thoughtfully upgraded with copper plumbing, separate forced-air heating with central air, and tenants pay all utilities except water. The upper unit is leased through 2026, but the tenant is open to early move-out for an owner-occupant buyer. The lower unit is vacant and ready to go, perfect for immediate occupancy or rental. Off-street parking available through the Village of Summit with permit. Whether you're looking to generate immediate income, house hack, or convert to a hybrid commercial use-this one checks all the boxes. Property is being sold AS-IS. Bring your vision, and act quickly-opportunities like this don't last.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,256
Year Built
- Built in 1923 | Remodeled in 2024
Lot Details
- Lot Dimensions are 29.9x125.5x29.9x125.6
- Chain Link Fence
- Landscaped Professionally
- Corner Lot
- Paved or Partially Paved Lot
Home Design
- Brick Exterior Construction
- Vinyl Siding
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
- Separate Shower
Parking
- 8 Parking Spaces
- Parking Available
- Off-Street Parking
Schools
- Argo Community High School
Utilities
- Forced Air Heating System
- Baseboard Heating
- Heating System Uses Natural Gas
- Lake Michigan Water
- Cable TV Available
Additional Features
- Den
- Exterior Lighting
Community Details
- 2 Units
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/23/2026 03/23/26 | Sold | $325,000 | -4.4% | -- | |
| 02/06/2026 02/06/26 | Pending | -- | -- | -- | |
| 12/27/2025 12/27/25 | Price Changed | $339,900 | -2.9% | -- | |
| 11/03/2025 11/03/25 | For Sale | $349,880 | 0.0% | -- | |
| 10/07/2025 10/07/25 | Pending | -- | -- | -- | |
| 08/04/2025 08/04/25 | For Sale | $349,880 | 0.0% | -- | |
| 07/24/2025 07/24/25 | Pending | -- | -- | -- | |
| 07/06/2025 07/06/25 | For Sale | $349,880 | +74.9% | -- | |
| 12/23/2020 12/23/20 | Sold | $200,000 | -16.6% | -- | View Prior Sale |
| 12/08/2020 12/08/20 | Pending | -- | -- | -- | |
| 11/07/2020 11/07/20 | For Sale | $239,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,256 | $23,565 | $2,719 | $20,846 |
| 2024 | $8,256 | $23,565 | $2,719 | $20,846 |
| 2023 | $8,030 | $23,565 | $2,719 | $20,846 |
| 2022 | $8,030 | $18,614 | $2,344 | $16,270 |
| 2021 | $8,252 | $19,654 | $2,343 | $17,311 |
| 2020 | $2,136 | $19,654 | $2,343 | $17,311 |
| 2019 | $2,526 | $18,940 | $2,156 | $16,784 |
| 2018 | $2,447 | $18,940 | $2,156 | $16,784 |
| 2017 | $2,401 | $18,940 | $2,156 | $16,784 |
| 2016 | $3,710 | $13,594 | $1,875 | $11,719 |
| 2015 | $3,777 | $13,594 | $1,875 | $11,719 |
| 2014 | $3,295 | $13,594 | $1,875 | $11,719 |
| 2013 | $3,327 | $15,912 | $1,875 | $14,037 |
Source: Public Records
Agents Affiliated with this Home
-
Hisham Bedeir
-
Agnes Czaja
Buyer's Agent in 2026
Agnes Czaja
RE/MAX 10
(773) 704-3700
1 in this area
178 Total Sales
-
M
Seller's Agent in 2020
Michael Kaput
First United Realtors, Inc.
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12398404
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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