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Active - Mixed Use for sale

Summit Argo, IL

Facts & features

Mixed Use Property type
39 days on Beycome
1954 Year built
15,625 sqft Lot size

Why you’ll love it

Exceptional opportunity to own an equipped mixeduse commercial building in the heart of Summit! This 3,750 sq ft brick building sits on an oversized 15,625 sq ft lot (five total parcels) with strong visibility and frontage on Archer Rd. Previously operated as a restaurant/bar with video gaming, the property is now vacant and ready for a new owneroperator or investor. The former tenant's lease expired in October 2026, and the landlord is unable to reopen the business due to obligations with other ventures-creating a perfect chance for a buyer to step in and activate this location immediately. The main level features a complete restaurant setup, including a walkin cooler, walkin freezer, bar area, prep space, and multiple pieces of commercial kitchen equipment that will remain with the property for the new owner. This significantly reduces startup costs for anyone looking to relaunch a restaurant, bar, cafe, or gaming establishment. Video gaming machines were previously installed and generated strong supplemental income. The second floor offers a spacious 3bedroom apartment, ideal for owneroccupancy or additional rental income. The property also includes parking for 20+ vehicles, making it ideal for hightraffic commercial use. Zoned B2, this location supports a wide range of business types such as restaurant, bar, retail, service, or redevelopment. With land, building, and existing equipment included, this is a rare turnkey opportunity in a highvisibility corridor. Bring your vision and make this Summit property your next successful venture.

Translating description...

Listings courtesy of Su Familia Real Estate as distributed by MLS GRID.

Listed by: Rosalva Rosales • Su Familia Real Estate

Co-listed by: Su Familia Real Estate

Source: MRED as distributed by MLS GRID, MLS#: 12776264 MRED as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 7:32 PM EST.

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Affordability

$385,000$795,000
1%20%
0%90%
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Estimated monthly payment

$4,213/mo

  • Mortgage$2,983
  • Property tax$1,230
  • HOA fee
  • Homeowners insurance
Due at closing$469,050
Down payment held in escrow$118,000
Closing costs$8,850
beycome credit Est.$11,800

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Summit Argo

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Based on information submitted to the MLS GRID as of Nov 13, 2026 at 07:32pm EST. 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.

$590,000 Listed price

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$11,800 Credit back

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