Haley Scogland
REALTOR®
Description
Exceptional mixed-use opportunity in the heart of Summit! Ever dreamed of owning a spa, sauna, private club, banquet venue, or upscale hospitality space? This one-of-a-kind property offers endless possibilities. The two-story building features two fully rented second-floor apartments occupied by long-term, reliable tenants, providing steady income. The expansive 2,800 sq. ft. main level is ideal for a spa, recreation center, cafe, restaurant, private event venue, or banquet hall. The lower level showcases luxurious, high-end sauna facilities built with no expense spared - a truly impressive space designed for relaxation and entertainment. This is a rare chance to acquire a highly visible property in a prime Summit location at a price below current construction costs. An outstanding investment and owner-user opportunity with tremendous potential.
Property Highlights
Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 2010
General Information
County: Cook
Listed By:
The Leading Realtors Corp.
630-455-9995
MRED MLS
MLS ID: 12649320
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6135 S Archer Avenue, Summit, IL 60501.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $980,000 | $980,000 | $980,000 |
| Down Payment | $196,000 | $34,300 | $245,000 |
| Monthly Mortgage Amount | $4,764 | $5,925 | $6,054 |
| Taxes | $1364 | $1364 | $1364 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $588 | $0 |
| Monthly Estimated Total | $6,414 | $8,163 | $7,704 |
Haley Scogland
Cell: (563) 343-9233
Email Me
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