5818 S Archer Rd
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5818 S Archer Rd
19,806 SF 97% Leased Office Building Summit, IL 60501 For Sale
Investment Highlights
- Roughly 70% leased on short term leases
- Ideal owner occupied with existing tenants to offset the mortgage
Executive Summary
+ Total Available: 17,791 SF
+ Pricing: Subject to Offer
+ PIN: 18-13-100-014-0000
+ Property Taxes: (2023 Paid 2024) $104,060.89 ($5.85 PSF)
+ Pricing: Subject to Offer
+ PIN: 18-13-100-014-0000
+ Property Taxes: (2023 Paid 2024) $104,060.89 ($5.85 PSF)
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
19,806 SF
Building Class
C
Year Built/Renovated
1946/1959
Percent Leased
97%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,000 SF
Building FAR
0.38
Lot Size
1.19 AC
Opportunity Zone
Yes
Zoning
B-3, Summit - Business
Parking
40 Spaces (2.05 Spaces per 1,000 SF Leased)
Amenities
- Banking
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Suites have access to shared kitchen.
Suites have access to shared kitchen.
Suites have access to shared kitchen.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 114-10 | 175 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 119 | 200 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 8 | 200 SF | Office | Full Build-Out | Now |
1st Fl-Ste 114-10
| Size |
| 175 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 119
| Size |
| 200 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 8
| Size |
| 200 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 114-10
| Size | 175 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Suites have access to shared kitchen.
1st Fl-Ste 119
| Size | 200 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Suites have access to shared kitchen.
2nd Fl-Ste 8
| Size | 200 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Suites have access to shared kitchen.
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PROPERTY TAXES
| Parcel Number | 18-13-100-014-0000 | Improvements Assessment | $150,024 |
| Land Assessment | $146,976 | Total Assessment | $297,000 |
PROPERTY TAXES
Parcel Number
18-13-100-014-0000
Land Assessment
$146,976
Improvements Assessment
$150,024
Total Assessment
$297,000
(630) 735-8733
x129
Contacts
-
Andrew Bobak -
Rawly Lantz, SIOR -
Justin Harris -
Cawley Commercial Real Estate
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5818 S Archer Rd
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