$490,000
SOLD SEP 5, 2025

5211 S 73rd Ct Summit Argo, IL 60501

7 Beds
4 Baths
-- Sq Ft
1964 Built

Recently Sold

121 Days on Market

Highlights

  • Forced Air Heating System
  • Argo Community High School Rated A-
  • Ceiling Fan

About This Home

As of September 2025

Discover this stunningly remodeled 4-flat building that presents an exceptional investment opportunity or a delightful place to call home. Each unit has been thoughtfully Remodeled by a detailed and picky landlord with a construction background, boasting modern amenities and elegant finishes. The upgrades include contemporary kitchens equipped with granite countertops and new appliances, while beautiful flooring adds warmth and charm throughout. The bathrooms are remodeled with stylish vanities , ceramic modern tilework and contemporary light fixtures, all updated in 2018, 2021, and 2024. The property features meticulously maintained common areas with clean and inviting hallways that were just refinished in 2025. Each unit is designed for comfort and convenience, featuring separate central heating and air conditioning systems installed in past few years with new ductwork and components. Enjoy the efficiency of few years old windows, added insulation plus durable and elegant interior and exterior doors. Brick construction complemented by recently updated sofits and downspouts. High efficiency hot water heater just installed and common area laundry hookups are available. Ensuring peace of mind, the building boasts a dry gravel crawlspace equipped with a sump pump for optimal moisture control. The premises offer 4 dedicated parking spaces, providing ample convenience for residents along with currently fenced grassy areas for tenant's shared enjoyment. Tenants contribute to their individual utility costs, covering gas, heat, and electricity. Benefiting from dedicated, long-term month-to-month renters, this property is an enticing prospect for discerning buyers offering an ability to adjust the rents to market price if desired. Situated in the vibrant city of Summit, this property has successfully passed all city inspections and stands fully compliant with local regulations. Opportunities like this, offering such a high level of care and attention to detail, are a rarity in the market. Even the most picky buyers will appreciate this extraordinary residence that is truly a jewel in the real estate investment landscape.

Last Agent to Sell the Property

Joanna Lewkowicz

Boutique Home Realty License #471018027 Listed on: 03/24/2025

Last Buyer's Agent

Thomas Savastano

HomeSmart Connect LLC License #475180736

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,900

Year Built

  • Built in 1964 | Remodeled in 2018

Lot Details

  • Lot Dimensions are 25x125

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Ceiling Fan
  • Sump Pump
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,900

Year Built

Built in 1964 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1964
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Crawl Space
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 5

Exterior Features

  • Construction Materials: Brick
  • List Price: 489900
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Unassigned, On Site, Owned
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights
  • Conversion YN: N

Schools

  • Middle/Junior School District: 104

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas,Heat

Tax Info

  • Tax Annual Amount: 10900
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 Sold $490,000 0.0% --
07/24/2025 07/24/25 Pending -- -- --
07/17/2025 07/17/25 For Sale $489,900 0.0% --
04/08/2025 04/08/25 Pending -- -- --
03/24/2025 03/24/25 For Sale $489,900 +216.1% --
01/03/2018 01/03/18 Sold $155,000 -8.8% --
12/14/2017 12/14/17 Pending -- -- --
12/04/2017 12/04/17 For Sale $169,900 0.0% --
11/06/2017 11/06/17 Pending -- -- --
10/25/2017 10/25/17 For Sale $169,900 0.0% --
08/17/2017 08/17/17 Pending -- -- --
07/20/2017 07/20/17 For Sale $169,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12317988

Midwest Real Estate Data (MRED)