7400 Archer Rd, Unit 7400

Justice, IL 60458

$630,000
Price
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Beds
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Baths
—Sq. Ft.
— / Sq. Ft.
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Sq. Ft.
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per Sq. Ft.
Listed By Compass
Listed By Compass
an aerial view of a house with outdoor space and street view
a garden view with a seating space
a backyard of a house with table and chairs
a backyard of a house with yard barbeque oven and outdoor seating
a view of yard with patio
a very nice looking room with a large window
a view of a interior of the shop
a front view of a retail shop
a outdoor space with chairs
a close view of utility room
an empty room with wooden floor and a ceiling fan
wooden floor in an empty room with a window
an empty room with wooden floor and windows
an empty room with wooden floor and a mirror
a view of front door with wooden floor
a view of empty room with wooden floor and windows
a bathroom with a toilet and a shower
an empty room with wooden floor and windows
an empty room with wooden floor and windows
a kitchen with a sink and a refrigerator
a kitchen with a sink and a window
a kitchen with a refrigerator and a sink
a bathroom with a double vanity sink a mirror and a shower
a view of a bench in backyard
a view of a park with large trees
a large white kitchen with wooden floor and outdoor seating
a view of a backyard with sitting area
a view of a backyard with sitting area
a front view of a house with a yard patio and wooden fence
a view of a backyard with couches chair and grass
a front view of a house with garden
a view of a swimming pool with a patio
a kitchen with stainless steel appliances granite countertop a sink and a white roof
a view of a patio with a table and chairs under an umbrella
a view of swimming pool
a view of outdoor space and deck
a view of backyard with tree
a view of a park with large trees
a view of a house with a big yard and large trees
a view of a house with a yard
a view of a chair and table in backyard of the house
a view of a house with a yard
a view of a table and chairs under an umbrella
a backyard of a house with table and chairs
a view of a house with a yard porch and sitting area
a view of outdoor space with garden view
a view of a house with backyard and sitting area
a view of a yard with a house in the background
an aerial view of a house with swimming pool and trees
an aerial view of a golf course with chairs

Description

LONG TIME OWNERS ARE READY TO RETIRE & NOW YOU CAN Make This the INVESTMENT OPPERTUNITY OF YOUR HEART'S DESIRES!! *** Great opportunity for an air b&b catering to the high demand for families have hold ceremonies. The bar / restaurant is Cash Heavy generating cash flow from the gaming machines and the out-door venue hosting parties and events. But that's not all! Lease potential for 2 apartments could be 1,000 per month each!! This is an excellent opportunity for an entrepreneur to purchase a long...LONG TIME OWNERS ARE READY TO RETIRE & NOW YOU CAN Make This the INVESTMENT OPPERTUNITY OF YOUR HEART'S DESIRES!! *** Great opportunity for an air b&b catering to the high demand for families have hold ceremonies. The bar / restaurant is Cash Heavy generating cash flow from the gaming machines and the out-door venue hosting parties and events. But that's not all! Lease potential for 2 apartments could be 1,000 per month each!! This is an excellent opportunity for an entrepreneur to purchase a long standing, well-established, mixed use investment! With potential and high demand for retail space and residential rental units. Current use as bar/restaurant provides excellent cash flow. Additional income provided by multiple video gaming terminals. This charming and unique bar & restaurant has been part of the community since 1963. This listing has a famous history tied to legends & famous stories! Investor's can keep current business model or change to endless possibilities: B&B, Short or Long Term Rentals, Music Venue, Ceremonies / Banquets, Restaurant Lounge, Cafe, or Pub / Bar with bands and leisure gaming. Offering 3,275 square feet free standing building with 2 rental units: A 2 Bedroom Apartment Upstairs and a 1 Bedroom Apartment in the back on the main level. Providing opportunity for estimated 24,000 /year additional residential income. The real estate includes .75 acres of land composed of two separate parcels. The building is situated on .36 acres with the second parcel being mainly spacious land and the huge driveway. The bar & restaurant has so much history, charm, and character. Turn-key opportunity or create your own investment dreams here!! 5 video gaming terminals currently, with room for more. Functional kitchen. Full basement allows for additional storage. Large outdoor grass picnic area with stage, perfect for parties, picnics, and an excellent music / concert venue. Expansive outdoor wooden pavilion built in 2019 provides plenty of outdoor seating. Property has been lovingly maintained but being sold "As - Is". Proof of funds or lender approval letter required. Operating Income only available with a signed Confidentiality agreement, to be signed by buyer and agent. This Rare Opportunity sits On A High Traffic road with estimated daily traffic counts over 15,000.

Listing Agent

  1. Amy Foote

    Amy Foote

    Alternative Listing Agent

    Compass

    amy.foote@compass.com

    P: (847)-602-9979

    CallTextEmail

Property Details for 7400 Archer Road, Unit 7400

Area
Justice
Township
Lyons
Air Conditioning Type
Central Air
Zoning
COMMR
LISTING UPDATED: 12/09/2025 09:08 AM

Property Details for 7400 Archer Road, Unit 7400

StatusActive
MLS #12281281
Days on Market332
Taxes$11,670 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1901
Lot Size0.36 AC / 15,667 SF
CountyCook County

Location

Add your commute

Building Information for 7400 Archer Road, Unit 7400

Stories2Residences3Year Built1901Lot Size0.36 AC / 15,667 SF

Payment Calculator

$4,086 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,113

Property Taxes

$973

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7400 Archer Road, Unit 7400

General Information
Addtl Parking Information
  • Outdoor Parking: Open,Unpaved
Location and General Information
  • Frontage Type: City Street, Public Road
  • Geographic Locale: South Suburban,Southwest Suburban
  • Information: Non-Disclosure Agreement,No Sign on Property
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Flooring: Tile, Varies, Wood
  • Heat/Ventilation: Central Bldg Heat
  • # Of Refrigerators: 3
  • Misc Inside: Accessible Entrance,Accessible Washroom/s,Multi-Tenant,Private Restroom/s,Public Restroom/s,Storage Inside,Basement
  • # Of Dishwashers: 1
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
  • Misc Outside: Enclosed Stairs,Accessible Entrance,Security Gate
Utilities / Equipment
  • Utilities: Electric to Site, Natural Gas Available
Property/Lot Information
  • Tenant Pays: Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: .36
  • Lot Size Square Feet: 15667.0
  • Stories: 2
  • Construction: Wood
  • Roof Type: Tar/Gravel
  • Fire Protection: Alarm On Site,Fire Extinguisher/s
  • Building Area Total: 3275
  • # Of Offices: 0
  • # Of Ranges: 2
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
Property and Assessments
  • Possible Use: Commercial, Condominium, Multi-Family, Retail
  • Public Document Count: 0
  • Photos Count: 79
Miscellaneous
  • Current Use: Commercial
  • Location: Mixed Use Area,In City Limits,High Traffic Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $24,000.00
  • Gross Scheduled Income: $24,000.00
  • Insurance Expense: $.00
  • Known Encumbrances: None Known
  • Total Monthly Income: 2000
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 7400 Archer Road, Unit 7400

DateEvent & SourcePriceAppreciation
Feb 21, 2025

Listed (Active)

MRED #12281281

$630,000—
Feb 5, 2025

Listed (Active)

MRED #12281281

$630,000—
DateEvent & SourcePrice
02/21/2025

Listed (Active)

MRED #12281281

$630,000
02/05/2025

Listed (Active)

MRED #12281281

$630,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 7400 Archer Road, Unit 7400

This home is within Argo Chsd 217 School District.
Rating
School
Type
Grades
Distance
Frank A Brodnicki Elementary School
Public - K to 6
Geo T Wilkins Jr High School
Public - 7 to 8
Argo Community High School
Public - 9 to 12
Rating
School
Distance
Frank A Brodnicki Elementary School
PublicK to 6

Geo T Wilkins Jr High School
Public7 to 8

Argo Community High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 7400 Archer Road, Unit 7400, Justice, IL 60458

7400 Archer Road, Unit 7400 is a mixed use property for sale in Justice, IL 60458. This property was listed for sale on February 5, 2025 by Compass, it's currently listed at $630,000. This listing's school districts are Indian Springs School District 109, Argo Chsd 217 School District. Nearby schools include Frank A Brodnicki Elementary School, Geo T Wilkins Jr High School and Argo Community High School. 7400 Archer Road, Unit 7400 is a 0-bed, 0-bath, mixed use property built in 1901.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/09/2025 09:08 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.