Summit

Summit

Located in Cook County

$275,302 Average Value
$192 Average Price per Sq Ft
2 Homes For Sale

Small Chicago suburb with great parks, schools and housing options

Fourteen miles southwest of downtown Chicago, Summit is a small suburb that was incorporated as a village in 1890. Here, residents can find various single- and multi-family housing options for lower prices than in the city, and a local train station gives them easy access to Amtrak and Metra services. The area has historically operated and continues to operate as a corn-processing town, with Corn Products Corp. (now Ingredion) building the world's largest corn-processing plant in the community at the turn of the twentieth century. Today, Ingredion is still one of the major employers in the area, and the facility is one of the largest of its kind in the world. Many move here to work there or at ACH Food Companies' similar facility, and it's merely a perk that the village has an active park system, highly rated schools and a rich stock of relatively low-cost single-family housing.

The village of Summit provides its residents with nearby parks, local restaurants and bars.
The village of Summit provides its residents with nearby parks, local restaurants and bars.
Summit is located in the southwest suburbs of Chicago.
Summit is located in the southwest suburbs of Chicago.
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Bungalows, Cape Cods and condos

Summit has a mix of single- and multi-family housing options. "Compared to nearby [communities], the housing styles in Summit are super unique," says Homero Garza, who's sold real estate in the area for 18 years. "No two homes in the area are alike." Single-family housing is generally modest, with brick or vinyl siding, in styles like bungalows, Cape Cods and craftsmen. Condos are available in smaller buildings, often with only two to four units. Prices in Summit start around $150,000 for a two-bedroom condo and get as high as $475,000 for a multi-unit investment building. Most buyers should expect to spend $200,000 to $300,000, and the median price hovers around $240,000.

Summit is mostly made up of cape cod style homes.
Summit is mostly made up of cape cod style homes.
Summit is known for having mostly brick homes.
Summit is known for having mostly brick homes.
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Transportation options in Summit

Summit is about 14 miles southwest of downtown Chicago, about a 20-minute drive without traffic. Metra and Amtrak serve Summit with train lines that stop at the local train station. Summit is four miles west of the Chicago Midway International Airport and five miles east of the nearest hospital, UChicago Medicine AdventHealth La Grange.

Summit residents can transit at the nearby Summit Metra Station.
Summit residents can transit at the nearby Summit Metra Station.
Summit has a number of public transportation options.
Summit has a number of public transportation options.
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Local dining and nearby retail shopping

Summit residents love their local restaurants, like Portillo's & Barnelli's, a Chicago chain that serves hot dogs and Italian beef sandwiches; Weber's Bakery, which has baked cakes, tortes and other treats since 1930; and El Faro, which serves steak burritos and chile relleno tacos 24/7. Residents get groceries at ALDI and shop four miles west in Hodgkins, which has a Target, Walmart and Sam's Club.

Portillo's is a neighborhood favorite for Summit residents.
Portillo's is a neighborhood favorite for Summit residents.
Summit residents love to get baked goods at the nearby Weber's Bakery.
Summit residents love to get baked goods at the nearby Weber's Bakery.
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Spending time outside in the Summit Park District

Summit has four community parks: Summit Park, Hanover Park, Argo Park and Legion Park. Summit Park is the largest in the community, with extensive trails, a playground, a disc golf course and a dog park. Hanover and Legion are smaller but have ample green space and playgrounds. Argo Park was recently renovated to include new playground equipment, basketball courts, softball fields and a walking path. The Summit Park District hosts ongoing recreational programs and seasonal events like an Easter egg hunt and Father's Day car show.

Summit Park has great paths for riding a bike on a nice day.
Summit Park has great paths for riding a bike on a nice day.
The tennis courts at Summit Park are a great place to play a match in Summit.
The tennis courts at Summit Park are a great place to play a match in Summit.
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Argo Community High School recognized by U.S. News & World Report

Summit has four elementary schools — Graves Dual Language, Walker, Walsh and Wharton — one middle school, Heritage, and one high school, Argo Community. All of these schools received B-minuses or C-pluses on the educational review site, Niche, except for Argo, which received an A-minus. In 2014 and 2016, Argo received a bronze medal from the U.S. News & World Report for outstanding academic performance, and it was the only school in the South Suburban Conference to do so.

Argo Community High School features a red brick design.
Argo Community High School features a red brick design.
Otis P Graves Elementary School is located in Summit.
Otis P Graves Elementary School is located in Summit.
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Community resources at the Summit Public Library

The Summit Public Library provides various services to the community's residents, like English language conversation groups, GED test preparation courses and other literacy and job skills development resources, including a summer literacy program for Spanish speakers. For children, they offer weekly bilingual story times and bilingual tutoring by local high school honor students.

Summit Public Library is a great place to study or relax.
Summit Public Library is a great place to study or relax.
Various home styles sit closely together on small lots with Chicago skyline in the background
Various home styles sit closely together on small lots with Chicago skyline in the background
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Hannah Rainey
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Hannah Rainey
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Matthew Bloch

Interested in learning more about homes in this area? Reach out to Reginald Patterson, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Summit Housing Trends

Housing Trends

Median List Price
$294,450
Median Sale Price
$295,000
Median Single Family Sale Price
$285,000
Median Townhouse Sale Price
$324,900
Median Change From 1st List Price
-1%
Last 12 months Home Sales
8
Median Home Sale Price YoY Change
$26
Average Price Per Sq Ft
$192

Neighborhood Facts

Number of Homes for Sale
2
Months of Supply
3.00

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Summit Has More Renters

Demographics

Total Population
10,851
Median Age
36
Population under 18
27.9%
On par with the national average
23.8%
Population over 65
13.8%
Below the national average
19.1%

Finances

Median Household Income
$51,049
Significantly below the national average
$71,702
Average Household Income
$71,793

Education and Workforce

High School Graduates
63.6%
Significantly below the national average
89.1%
College Graduates
11.2%
Below the national average
34.1%
Advanced Degrees
2.3%
% Population in Labor Force
60.9%

Weather

Annual Precipitation
34''
Average Winter Low Temperature
20°F
Average Summer High Temperature
84°F
Annual Snowfall
40''
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Summit