ClosedPrice Reduced

$289,900

$299,900
8784 Archer Avenue, Willow Springs, IL 60480
3 Beds2 Baths154 days
8784 Archer Avenue·Willow Springs, IL 60480
3Bedrooms
2Bathrooms
1929Year Built
About This Home

Opportunity to invest in an area with immense potential! Situated in a highly sought-after location, this property is primed for development. Currently used as a rental building, it offers the versatility to transition seamlessly into either COMMERCIAL or RESIDENTIAL use, providing a dual zoning option for potential buyers. The first floor boasts 2 bedrooms, 1 bathroom, and hardwood flooring throughout. On the second floor, you'll find 1 bedroom and 1 bathroom. With two separate electric meters, the property offers flexibility for different uses. Additionally, the expansive basement provides ample space for extra storage, further enhancing its utility. Each floor tenant is allocated two parking spots, and the property is conveniently within walking distance of the Metra. The land itself is just shy of an acre. Additional 2 acres for sale next door. This property is a must-see for anyone with an interest in embarking on their next development project! Close to I55 & I294, forest preserves, walking trails, shopping.

MLS# 11899317Listed October 24, 2023Residential IncomeBungalow
Property Details

Beds & Baths

Total Bedrooms3
Total Bathrooms2
Total Rooms8

Size & Structure

Year Built1929
Lot Size0.930 acres

Location

CountyCook
TownshipPalos
Zip Code60480

Financial

List Price$289,900
Original Price$299,900
Annual Taxes (2021)$11,845
Monthly Tax Est.$987
Parcel #23052010090000
Interior Features

Heating

Natural GasForced Air

Basement

UnfinishedFull
Exterior & Lot

Roof

Asphalt

Foundation

Block

Patio & Porch

Deck

Lot Features

Forest Preserve Adjacent
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Off StreetDrivewayGarage Faces SideOn SiteOwned
HOA & Community

Community Features

ParkCurbsSidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$11,845
Tax Year 2021
Monthly Tax Est.
$987
per month
Price Reduced by $10,000
Original list price: $299,900
Property Location

8784 Archer Avenue, Willow Springs, IL 60480Cook County

$289,900
8784 Archer Avenue
3 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
154 days on market
0.930 acres
$11,845/yr taxes
Price reduced $10,000
$2,511
estimated monthly payment
Principal & Interest
$1,524/mo
Property Tax
$987/mo
$289,900
20% — $57,980
3%50%
6.875%
3%12%
Loan Amount
$231,920
Down Payment
$57,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Coldwell Banker Realty
Agent: Izabela Omielan
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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