$630,000

7400 Archer Road, Unit 7400, Justice, IL 60458

- Beds
- Baths
- Sq. Ft.

This listing has a famous history tied to legends & famous stories! 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. 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.

Overview for 7400 Archer Road, Unit 7400, Justice

  • hoaHOA Fees
    -
  • taxesTaxes
    $11,670
  • footageSq. Footage
    -
  • lot size acresLot Size
    -
  • bedroomBedrooms
    -
  • bathroomBathrooms
    -
  • laundryLaundry
    -
  • neighborNeighborhood
    Justice
  • floorUnit Floor Level
    -
  • statusProperty Status
    Active
  • typeProperty Type
    Mixed Use
  • mlsMLS #
    12281281
  • daysList Date
    Feb 21, 2025
  • daysDays on Market
    65

Interior Features for 7400 Archer Road, Unit 7400, Justice

  • Bathroom Information

    • # of Baths: 0
  • Heating and Cooling

      0
    • Air Conditioning: Central Air
  • Utilities

    • Electric to Site
    • Gas to Site

School information for 7400 Archer Road, Unit 7400, Justice

  • Elementary School-
  • Elementary School District-
  • Middle or Junior School-
  • Middle or Junior School District-
  • High School-
  • High School District-

HOA & Taxes for 7400 Archer Road, Unit 7400, Justice

  • HOA Fee-
  • Frequency-
  • Includes-
  • Special Assessments-
  • Tax$11670
  • Tax Year2023
  • Exemptions-
  • Special Service Area-

Payment Calculator for 7400 Archer Road, Unit 7400, Justice

$4,594 per month 30 Years Fixed
Principal and Interest $3,621.195
Property Taxes $972.5
HOA Dues $0
/month
/month

Exterior, Parking & Pets for 7400 Archer Road, Unit 7400, Justice

  • Lot Size.36
  • Built before 1978Yes
  • Age124
  • RoofTar/Gravel
  • PoolNo Private

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    Schools near 7400 Archer Road, Unit 7400, Justice

    Enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home
    School InformationTypeGradesRating
    Frank a Brodnicki Elementary School
    place0.3 ml
    PublicKG-6
    rating
    rating
    8
    Robina Lyle Elementary School
    place0.9 ml
    PublicKG-6
    rating
    rating
    5
    George T Wilkins Elementary School
    place0.9 ml
    PublicKG-6
    rating
    rating
    5
    Geo T Wilkins Jr High School
    place0.9 ml
    Public7-8
    rating
    rating
    8
    Bridgeview Elementary School
    place1.4 ml
    PublicKG-6
    rating
    rating
    4

    Facts for 7400 Archer Road, Unit 7400, Justice

    As of 04/15/2025, 7400 Archer Road, Unit 7400 in Justice Illinois is listed for $630,000 and has been on the market for 65 days. 7400 Archer Road, Unit 7400 has 0 bedrooms, 0 bathrooms, and 0 square feet. There are currently 1 0-bedroom, 0-bathroom Mixed Uses in Justice, which have an average asking price of $630,000. The highest-priced 0-bedroom, 0-bathroom Mixed Use in Justice is $630,000, while the lowest-priced 0-bedroom, 0-bathroom Mixed Use is asking $630,000.
    Listing Office: Compass
    847-602-9979
    broker

    The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Fulton Grace Realty are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.