$289,900 $1,556 est/mo Sourced by Back At You

8784 Archer Avenue,Willow Springs, IL 60480

Willow Springs IL, 60480

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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.

Details

MLS#11899319
Listing TypeFor Sale
StyleOffice Building
Sub-TypeResale
StatusActive Under Contract
Year1928
Days On Site214
Listing Provided ByColdwell Banker Realty | Izabela Omielan

Features

Story(s)2
ZoningCOMMR
Acreage0.93

Market Activity 60480

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Learn More About This Property

StateIL
CountyCook
CityWillow Springs
Zip Code60480
AreaWillow Springs
Listing VS Median (in 60480)
Price:
$289,900
low | high
Med:
$417,000
6.157295619179% of Average
On Site:
214
low | high
Med:
186.500000
100% of Average
Sourced by Back At You
Listing Updated: May 22, 2024 at 1:06:44 AM PDT