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.
Closed
$260,000
8784 Archer Ave, Willow Springs, IL 60480
3beds
--sqft
Multi Family
Built in 1929
-- sqft lot
$431,900 Zestimate®
$--/sqft
$2,058 Estimated rent
Home value
$431,900
$367,000 - $501,000
$2,058/mo
Zestimate® history
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$1,860/mo
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List your homeWhat's special
Forest preservesHardwood flooring throughoutWalking trails
Zillow last checked:
Listing updated:
Listed by:
Izabela Omielan 708-352-4840,
Coldwell Banker Realty,
Joel Klecka,
Coldwell Banker Realty
Bought with:
Joel Mandujano
Midwest Real Estate Brokerage LLC
Source: MRED as distributed by MLS GRID,MLS#: 11899317
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Enclosed Porch, Screened Porch
Heating
- Natural Gas, Forced Air
Features
- Windows: Screens
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 4
- Parking features: Off Street, Driveway, Garage Faces Side, On Site, Owned
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck
Lot
- Size: 0.93 Acres
- Dimensions: 98X387X97X389
- Features: Forest Preserve Adjacent
Details
- Additional structures: Shed(s)
- Parcel number: 23052010090000
- Zoning: LNC
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Multi Family
Materials
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1929
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
Location
- Region: Willow Springs
Financial & listing details
- Tax assessed value: $379,810
- Annual tax amount: $11,844
- Date on market: 10/24/2023
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2024 | Sold | $260,000-10.3% |
Source:  MRED as distributed by MLS GRID #11899317 Report a problem | ||
| 6/4/2024 | Pending sale | $289,900 |
Source: MRED as distributed by MLS GRID #11989572 Report a problem | ||
| 3/26/2024 | Contingent | $289,900 |
Source: MRED as distributed by MLS GRID #11899317 Report a problem | ||
| 2/10/2024 | Listed for sale | $289,900 |
Source: MRED as distributed by MLS GRID #11899317 Report a problem | ||
| 1/16/2024 | Contingent | $289,900 |
Source: MRED as distributed by MLS GRID #11899317 Report a problem | ||
| 11/20/2023 | Price change | $289,900-3.3% |
Source: MRED as distributed by MLS GRID #11899317 Report a problem | ||
| 10/24/2023 | Listed for sale | $299,900+7.1% |
Source: MRED as distributed by MLS GRID #11899317 Report a problem | ||
| 7/3/2020 | Listing removed | $280,000 |
Source: National City Realty #10024629 Report a problem | ||
| 8/28/2019 | Pending sale | $280,000 |
Source: National City Realty #10024629 Report a problem | ||
| 7/20/2018 | Listed for sale | $280,000 |
Source: National City Realty #10024629 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $37,981 -52.2% |
| 2023 | $21,396 +79.1% | $79,450 +144.6% |
| 2022 | $11,944 +0.8% | $32,483 |
| 2021 | $11,845 +2.2% | $32,483 |
| 2020 | $11,589 +25% | $32,483 +24.7% |
| 2019 | $9,270 +1.3% | $26,052 |
| 2018 | $9,152 -17.6% | $26,052 -19.3% |
| 2017 | $11,107 +83.2% | $32,298 +105% |
| 2016 | $6,063 +6.8% | $15,752 |
| 2015 | $5,678 +1.8% | $15,752 |
| 2014 | $5,577 +4.8% | $15,752 -5.4% |
| 2013 | $5,322 +3.4% | $16,649 |
| 2012 | $5,147 +6.6% | $16,649 |
| 2011 | $4,829 -31.4% | $16,649 -38.6% |
| 2010 | $7,041 +2.3% | $27,129 |
| 2009 | $6,885 +2.3% | $27,129 -5% |
| 2008 | $6,728 -1.7% | $28,556 -3.6% |
| 2007 | $6,845 +5.3% | $29,629 |
| 2006 | $6,499 +4.4% | $29,629 |
| 2005 | $6,225 +24.3% | $29,629 +33.5% |
| 2004 | $5,006 +16% | $22,192 |
| 2003 | $4,316 +6.9% | $22,192 |
| 2002 | $4,038 +13.9% | $22,192 +23.5% |
| 2001 | $3,545 +1.9% | $17,976 |
| 2000 | $3,480 +44.6% | $17,976 |
| 1999 | $2,406 | $17,976 |
Find assessor info on the county website
Neighborhood: 60480
Nearby homes
- $463,2004 bd2 ba1.9k sqft8794 Archer Ave, Willow Springs, IL 60480Off Market
- $895,0002.06 Acres8764 Archer Ave, Willow Springs, IL 60480Pending
- $501,4004 bd3 ba2.1k sqft8806 Archer Ave, Willow Springs, IL 60480Off Market
- $382,1004 bd2 ba1.5k sqft8818 Archer Ave, Willow Springs, IL 60480Off Market
- $735,3202.031 Acres8754 Archer Ave, Willow Springs, IL 60480Off Market
- $584,7004 bd2 ba2.3k sqft8832 Archer Ave, Willow Springs, IL 60480Off Market
- $259,500-- bd1 ba998 sqft117 Colonel Ave, Willow Springs, IL 60480Off Market
- $127,2608,484 Square Feet8741 Willow Blvd, Willow Springs, IL 60480Off Market
Nearby schools
GreatSchools rating
- 7/10Willow Springs Elementary SchoolGrades: PK-8Distance: 0.9 mi
- 7/10Amos Alonzo Stagg High SchoolGrades: 9-12Distance: 4.3 mi
Schools provided by the listing agent
- District: 108
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$431,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$431,900
- Illinois
- Cook County
- Willow Springs
- 60480
- 8784 Archer Ave
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