8216 S Archer Avenue
Willow Springs, IL, 60480 $ 850,000
Bedrooms-- Baths-- Sq 3,448 for $850,000. This 3,448 square foot property was built in 1954 on a lot size of 0.417815.
For Sale - Prime Mixed-Use / Investment Opportunity Exceptional opportunity to own a high-visibility property on Archer Avenue in the heart of Willow Springs! This versatile asset offers strong potential for owner-users, investors, or redevelopment. Situated on a well-traveled corridor, the property benefits from excellent frontage and exposure, making it ideal for retail, office, or mixed-use applications. The building features approximately 3,000+ sq ft of space, with flexible layout options to accommodate a variety of business or residential configurations. The site sits on a generous lot with ample parking, providing convenience for customers, tenants, or employees. With easy access to major roadways and surrounding suburbs, this location supports steady traffic and long-term growth. Investment Highlights: Immediate cash flow from gaming machines + bar-front retail, complemented by residential apartment income Three lots of record, a rare land play enabling expansion, redevelopment, or additional income streams High-traffic Archer Avenue corridor with direct access to I-294 & I-55-critical drivers of tenant success and long-term occupancy Value-add land utilization: excess land supports EV charging, food truck activation, or parking monetization, aligning with growing demand for flexible, mixed-use sites 30+ year operating history-established brand presence and proven location durability Demand driver location: strong community and busy traffic corridor across the street generating consistent daily traffic. Recently renovated retail component ($150K-$200K invested), delivering a modern, turnkey income stream. Today's CRE market is favoring smaller, income-producing assets with flexibility and multiple revenue channels, especially those that can adapt to mixed-use or alternative income strategies. This property directly aligns with that trend, offering both stability today and scalability tomorrow.
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FeaturesGeneralCooling Central Air
Zoning OTHER
Construction Materials Brick Wood
Year Built 1954
Electric Circuit Breakers Separate Meters Service - 101 to 200 Amps
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Taxes Insurance Repairs Sewer
Stories Count 2
Township Lyons
Property Subtype Mixed Use
Tax Year 2024
Gross Income 97000
County Cook
Net Operating Income 72000
Operating Expense 25000
Insurance Expense 6000
Property Type Commercial Sale Mixed Use
Possible Use Other
Status New
Directions RT 45 TO ARCHER THEN SOUTH ON ARCHER ON NORTH SIDE OF STREET
City Willow Springs
Number Of Units Total 2
MLS Area Willow Springs
Lot Size Square Feet 18200
Tax Annual Amount 18000
Electric Expense 12000
Fuel Expense 10000
Trash Expense 1500
Water Sewer Expense 5000
Additional Parcels Y/N N
Lease Type N/A
Standard Status Active
Total Actual Rent 8083
Cap Rate 8.5
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ExteriorFoundation Details Concrete Perimeter
Building Area Total 3448
Lot Dimensions 175x104
Frontage Type City Street
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* Excluded FeaturesList ByArni Realty IncorporatedBroker
patel_ritesh@hotmail.comEmail
NearbyAbout Willow Springs, IL 5,711 Population
21% Since 2002
$ 84,955 Median Income
46.09 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/13/2026 | $850,000 | | Listed Price |