5601 S Archer Road Summit, IL ^$ 1,100,000

5601 S Archer Road

^$ 1,100,000

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Recently Listed

5601 S Archer Road

Summit, IL, 60501

^$ 1,100,000

Studio Baths0.0

Monthly Estimate*

^$ 6,773

5601 S Archer Road, Summit, IL 60501 - Image 1

5601 S Archer Road, Summit, IL 60501 - Image 2

Studio

Lots and Land for sale in Summit, IL

for $1,100,000. The lot size is 0.25.

Great site for any business! Close to all major expressways! 15 min to downtown Chicago! High traffic count!

Lots and Land Active

Price

^$ 1,100,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 29,641

Style

Commercial

Lot Size

0.25

Town/City

Summit

County/Region

Cook

MLS | Web ID

12563887

Features

General

Utilities Electric to Site Natural Gas Available

Possession Closing

Township Lyons

Tax Year 2023

Current Use Commercial

Ownership Fee Simple

County Cook

Property Type Land Land

Status Active

Directions Harlem or 1st Ave to Archer to Property

High School Argo Community High School

City Summit

High School District 217

MLS Area Summit

Elementary School Argo Community High School

Tax Annual Amount 29641

Middle/Junior High School Argo Community High School

Standard Status Active

Middle/Junior School District 217

Elementary School District 217

Exterior

Total Parking 0

Lot Dimensions 125x100

Lot Size Acres 0.25

Road Surface Type Asphalt

Frontage Length Qpp

Frontage Type City Street Interstate Public Road Signal Intersection

Waterfront Y/N N

Interior

Total Baths 0

* Excluded Features

List By

Skydan Real Estate Sales, Llc

Broker

christiano@skydangroup.com

Affordability Calculator

$9,243

Per Month

Monthly Principal & Interest: $6,773
Monthly Property Taxes: $2,470
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

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

Lots and land listings in Summit, IL

Average List Price ^$390,000

Percent of Sale Price 65%

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.

564607 Elementary School

564607 Middle School

Argo Community High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/8/2026	$1,100,000		Listed Price

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5601 S Archer Road, Summit, IL, 60501 is a Lots and Land for sale at $1,100,000 with a lot size of 0.25. 5601 S Archer Road is a studio with 0.0 baths. 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 2/28/2026.

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5601 S Archer Road

Lots and Land for sale in Summit, IL

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