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SUMMIT CENTER 7355 W Archer Ave 10,000 SF 85% Leased Retail Building Summit, IL 60501 $1,500,614 CAD ($150.06 CAD/SF) 7.40% Cap Rate
INVESTMENT HIGHLIGHTS
- Great location
EXECUTIVE SUMMARY
ALSO WE RECEIVE ADDITIONAL REFUNDS FROM PTAB.
FULLY LEASED 10,014 SF SOLID BRICK BUILDING ,ALL HVAC SYSTEMS WERE REPLACED RECENTLY, PROPERTY ZONED (B-2 GENERAL BUSINESS). PLENTY OF PARKING IN FRONT & REAR LOTS (LOT 21,070 S.F.)
GREAT EXPOSURE ON BUSY ARCHER AVE, 2 BLOCKS WEST OF HARLEM AVE,
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$193,441
|
$19.34
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$82,435
|
$8.24
|
| Net Operating Income |
$111,006
|
$11.10
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $193,441 |
| Annual Per SF | $19.34 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $82,435 |
| Annual Per SF | $8.24 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $111,006 |
| Annual Per SF | $11.10 |
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signage
ABOUT 7355 W ARCHER AVE , SUMMIT, IL 60501
PLENTY OF PARKING, GREAT LOCATION ON BUSY ARCHER AVENUE, 3 BLOCKS WEST TWO BLOCKS WEST 3 (BLOCKS WEST OF HARLEM AVE).
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Health Care and Social Assistance
- -
- -
- -
- -
Choisir un fournisseur de soins de santé est l'une des décisions les plus importantes que vous puissiez prendre. Le Dr Mark J. Gagnon compte plus de 19 ans d'expérience en tant que podiatre. C'est un médecin attentionné et compétent qui prend le temps d'expliquer toutes vos options et de travailler avec vous pour élaborer un plan de traitement complet qui correspond le mieux à vos besoins en utilisant les dernières technologies et techniques. Son objectif principal est de fournir un traitement conservateur avec la chirurgie comme solution de rechange au besoin.
- Exodus Ink
- Services
- -
- -
- -
- -
- Hank's Tri County
- Services
- 2,000 SF
- $22.60 CAD
- Modified Gross
- -
-
- Retailer
- 1,800 SF
- $20.93 CAD
- Modified Gross
- Dec 2026
Lacey's Place Slots & Video Gaming est un salon de jeux avec plus de 30 emplacements dans la région de l'Illinois. Ils offrent des divertissements de jeu nouveaux, propres et sécuritaires, y compris de la nourriture, des boissons et des divertissements.
-
- Administrative and Support Services
- -
- $20.09 CAD
- Modified Gross
- -
Surestaff, dont le siège social est situé à Itasca, dans l'Illinois, est une société privée de recrutement à service complet fondée en 1998. Les partenariats qu'ils ont établis avec leurs clients et candidats sont la clé de leur succès. Ils ont une équipe dévouée qui s'engage à offrir aux clients un excellent service adapté à leur situation particulière. Surestaff a travaillé dur pendant plus de deux décennies pour gagner le respect de ses clients et candidats, et pour maintenir un taux de rétention élevé pour son personnel interne.
- Wellness Therapy
- -
- -
- $12.93 CAD
- Modified Gross
- May 2026
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Health Care and Social Assistance | - | - | - | - | |
| Exodus Ink | Services | - | - | - | - | |
| Hank's Tri County | Services | 2,000 SF | $22.60 CAD | Modified Gross | - | |
|
|
Retailer | 1,800 SF | $20.93 CAD | Modified Gross | Dec 2026 | |
|
|
Administrative and Support Services | - | $20.09 CAD | Modified Gross | - | |
| Wellness Therapy | - | - | $12.93 CAD | Modified Gross | May 2026 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
SPACE IS SUITABLE FOR DOCTORS OFFICE, INSURANCE OFFICE, OR RETAIL
| Space | Size | Space Use | Position | Available |
| "E" | 1,500 SF | Office/Retail | - | Now |
"E"
| Size |
| 1,500 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
"E"
| Size | 1,500 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
SPACE IS SUITABLE FOR DOCTORS OFFICE, INSURANCE OFFICE, OR RETAIL
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 18-13-203-004-0000 | Improvements Assessment | $35,828 CAD |
| Land Assessment | $12,950 CAD | Total Assessment | $48,778 CAD |
PROPERTY TAXES
Presented by
GDT Properties, Inc
SUMMIT CENTER | 7355 W Archer Ave
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