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7322 W Archer Ave, Summit, IL 60501 Property Records

Cook County property record for 7322 W Archer Ave, Summit, IL 60501

Property Summary

Property TypeCommercial
Lot Size0.86 acres (3,750 sqft)
OwnerCompany Name on File
Last Sale$7,286,000 (Sep 2022)
Tax Bill$4,325 (2023)
Deeds & MortgagesSep 2022 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN18-12-416-028

Property Details

APN / Parcel Number

Primary APN18-12-416-028
Alternative APN
  • 18-12-416-028-0000

Exterior

Lot Area3,750 sqft (0.86 acres)

Location & Zoning

Street Address7322 W ARCHER AVE
CitySUMMIT ARGO
StateIL
Zip60501
Property CategoryCommercial
Property TypeCommercial > Retail
Legal Range12E
Legal Township38N
Legal Section12
Legal SubdivisionCHICAGO TITLE & TRUST CO
Legal Block8
Legal Lot Number13
JurisdictionCOOK IL
Township / Civil DivisionLYONS
Census Block Group2
Census Block2013
Census Tract820300

Owner

7322 W Archer Ave, a commercial property, is owned by a company that bought it in September 2022.

Source: Cook County records, as of May 27, 2026

Owner of RecordCompany Name on File
Mailing Address277 PARK AVE, NEW YORK, NY 10172-0003
Owner TypeCompany
VestingCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleSep 15, 2022 · Amount on File
Deed SaleSep 15, 2022 · Amount on File
Prior SaleAug 4, 2015 · Amount on File
Deed Document Number202218222
Prior Transfer DateApr 14, 2015
Prior Transfer Doc0000046135
Record UpdatedOct 29, 2026

September 2022: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionCOOK IL
Recording DateSep 15, 2022
Property Address7322 W ARCHER AVE, SUMMIT, IL 60501
Document Number0025818222
Instrument DateAug 24, 2022
Instrument2225818222
Transaction TypeTransfer
Record UpdatedMay 8, 2026
Title CompanyATTORNEY

Transaction

AmountAmount on Record
Tax$7,286.00
Amount AccuracyRounded by County
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address3850 N CAUSEWAY BLVD STE 1400, 1400, METAIRIE, LA 70002-8167
Mail Care OfFRESENIUS MEDICAL CARE NA
InvestorPossibly a Property Investor

Mortgage

Document Number0025818223
DateSep 15, 2022
Instrument2225818223
Lender
NameSMBC LEASING AND FINANCE INC
TypeNon-Lending Institution
AddressNEW YORK, NY 10172
Agreement
TypeCommercial Mortgage
AmountAmount on Record

Tax Assessment & Valuation

Source: Cook County assessment roll, as of May 27, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
County SubdivisionLyons Township
MunicipalitySummit Village
Secondary School DistrictArgo Community High School District 217 (09 - 12)
Elementary School DistrictSummit School District 104 (PK - 08)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$12,343 Land $11,250 Building $1,093$49,372 Land $45,000 Building $4,372
2023$4,325.00 (-33.85%)
2022$6,538.00$15,155 Land $14,062 Building $1,093$60,620 Land $56,248 Building $4,372

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 7322 W Archer Ave in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective February 11, 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

The area around 7322 W Archer Ave has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemSUMMIT
serves 11,161 people · EPA ID IL0310060
Water SourcePurchased surface water from CHICAGO
Last State InspectionMar 2026
Lead7 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting4
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 640 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable		2,000 / 250
Verizon
Fixed Wireless		300 / 20
T-Mobile
Fixed Wireless		100 / 20
AT&T
DSL · Fixed Wireless in parts of the area		100 / 20

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