5437 S Center Avenue Summit, IL ^$ 900,000

5437 S Center Avenue

^$ 900,000

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Recently Listed

5437 S Center Avenue

Summit, IL, 60501

^$ 900,000

Bedrooms-- Baths-- Sq 2,470

Monthly Estimate*

^$ 5,541

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Commercial Property for sale in Summit, IL

for $900,000. This 2,470 square foot building was built on a lot size of 0.179063.

If your dream is to own your own business do not miss this opportunity!! Enjoy the freedom to work for yourself and create your ideal lifestyle!! Current owner has established this turnkey Bar / Nightclub business over the past 15 years in a great location minutes from Interstate 55, 1/4 block off major artery Archer Ave, 2.7 miles to Seat Geek Stadium, 3.9 miles to Midway International Airport. Gaming machines can add additional cash flow!! Existing kitchen and all equipment stay. Enclosed beer garden, out building & multiple storage containers included. 2-bedroom apartment on second floor can be rented for additional income.

Commercial Active

Price

^$ 900,000

Property Type

Commercial

Taxes

^$ 11,835

Style

Bar/Tavern/Lounge,Food & Beverage

Lot Size

0.179063

Town/City

Summit

County/Region

Cook

MLS | Web ID

12586117

Features

General

Cooling Central Air

Possession Closing

Zoning COMMR

Construction Materials Brick

Electric Service - 0 to 100 Amps

Stories Count 2

Tax Year 2023

Current Use Commercial

Business Type Bar/Tavern/Lounge Food & Beverage

Business Name Fat Daddyz

County Cook

Operating Expense 1

Property Type Business Opportunity Bus / Bus w/Real Est

Possible Use Commercial Liquor License

Status New

Directions Archer Ave West of Harlem to Center Ave North to 5437 building and parking lot on the east side of the street

City Summit

MLS Area Summit

Lot Size Square Feet 7800

Tax Annual Amount 11835

Additional Parcels Y/N Y

Lease Type N/A

Standard Status Active

Ownership Type Corporation

Exterior

Building Area Total 2470

Lot Dimensions 60x130

Frontage Type City Street Public Road

Waterfront Y/N N

* Excluded Features

List By

Signorello Realty, Inc.

Broker

signorellmargie@gmail.com

Affordability Calculator

$6,528

Per Month

Monthly Principal & Interest: $5,541
Monthly Property Taxes: $986
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Summit, IL

Average List Price ^$676,467

Percent of Sale Price 25%

About Summit, IL

10,949 Population

3% Since 2002

^$47,359 Median Income

33.33 Median Age

45% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/11/2026	$900,000		Listed Price

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5437 S Center Avenue, Summit, IL, 60501 is a Commercial Property for sale at $900,000 with 2,470 sqft and a lot size of 0.179063. The property's zip code is 60501 which is in Summit, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 3/17/2026.

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5437 S Center Avenue

Commercial Property for sale in Summit, IL

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