7345 Archer Avenue

SUMMIT, IL 60501

$319,900

 
MLS# 09794658


Description

Solid brick legal 3-flat with 2-car brick garage. Property in excellent condition. Large apartments and bedrooms with hardwood floors. Spacious, modern kitchens with huge dinettes. New windows in November 2017 (except living rooms). New roof in October 2017. Enclosed porches, additional storage in shed. Garden level with coin-op laundry. Circuit breakers, 3 central air conditioners, 3 hot water heaters and separate water meters, coin-op washer and dryer. Tenant pays all utilities. Huge monthly income and easy to rent; Lots of upside rent potential - similar units nearby rent for $1100 - $1200. Expenses: Scavenger: $73/mo Insurance: $78/mo Taxes: $461/mo Serious buyers only. SOLD AS-IS.
Listed:
11/06/17




This listing 7345 Archer Avenue Summit, Il 60501 is a two to four units listing with 8 bedrooms on a lot of 3,485 sqft (or 0.08 acres). 7345 Archer Avenue was built in 1955. 7345 Archer Avenue is located in Summit and in ZIP Code 60501. It has been listed on our site since Nov 6, 2017.

Presented By

 

Listing Office: R. C. Wessel & Associates, Ltd

© 2017 Midwest Real Estate Data LLC. All Rights Reserved.

Broker Reciprocity

All information provided is deemed reliable but is not guaranteed and should be independently verified. School assignments are subject to change. Please consult with the appropriate school system for student assignment.

Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Baird & Warner are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.

Summit

Summit is a wonderful location for families who want all the fun and convenience of a Chicago luxury home without the cost!  Click here to read more.

Summit

School Information

Map and Points of Interest


Select a Point of Interest and Radius from the form above.

5 Listings (4.85 Mile Radius)

Price +/-: % Beds +/-:
Baths +/-: Filter

*Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

Photo of Key Mortgage

Key Mortgage Services

877.296.5757 Illinois License #1012 Prequalify