NOT LISTED FOR SALE

5305 S 72nd Ct Summit, IL 60501

Summit Area
7 Beds
4 Baths
-- Sq Ft
1963 Built

Sale Details

Date Sold: September 17, 2020

Last sale price $245,000

21 Days on Market

Highlights

  • Fenced Yard
  • Heating System Uses Steam
  • Paved or Partially Paved Lot
  • Argo Community High School Rated A-

About This Home

As of September 2020

GREAT INVESTMENT! SOLID BRICK 4-FLAT WITH THREE 2 BEDROOM UNITS AND ONE 1 BEDROOM UNIT. TENANTS PAY ELECTRIC AND COOKING GAS. SOME UPDATED TILE FLOORS IN KITCHENS, BATHS AND CARPETS DURING THE LAST COUPLE YEARS. LOCATED IN SUMMIT NEAR 53RD AND HARLEM. RENTS ARE BELOW MARKET !! BUILDING NEXT DOOR IS ALSO FOR SALE. MOTIVATED SELLER! THANKS FOR SHOWING!

Last Agent to Sell the Property

Alma Meza

Classic Realty Group Prestige License #471017526 Listed on: 06/26/2020

Co-Listed By

Nadia Meza

Classic Realty Group Prestige License #475183657

Last Buyer's Agent

Yousef Ouri

HomeSmart Realty Group License #475168224

HomeSmart Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,779

Year Built

  • Built in 1963

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • On-Street Parking
  • Uncovered Parking
  • Parking Space is Owned

Lot Details

  • Lot Dimensions are 35x125
  • Fenced Yard
  • Paved or Partially Paved Lot

Utilities

  • Heating System Uses Steam
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $336
  • Fuel Expense $1,685
  • Insurance Expense $1,631
  • Trash Expense $613
  • Water Sewer Expense $1,694
  • Gross Income $26,100
  • Net Operating Income $20,142

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,779

Year Built

Built in 1963

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1963
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Side Apron
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Trash Expense: 613
  • Water Sewer Expenses: 1694
  • Trash Expense Year: 2019

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 35X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas

Multi Family

  • Net Operating Income: 20142
  • Fuel Expense: 1685
  • Insurance Expense: 1631
  • ElectricExpense: 336
  • GrossIncome: 26100
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 9778.86
  • Tax Year: 2019
  • Tax Exemptions: Homeowner
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/17/2020 09/17/20 Sold $245,000 +2.1% --
07/17/2020 07/17/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $240,000 0.0% --
07/07/2020 07/07/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $240,000 -- --
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

  • Alma Meza

    Seller's Agent in 2020

    Alma Meza

    Classic Realty Group Prestige

    (773) 491-8106

    42 Total Sales

    Alma Meza
    Section Image
  • Nadia Meza

    Seller Co-Listing Agent in 2020

    Nadia Meza

    Classic Realty Group Prestige

    (708) 296-2955

    42 Total Sales

    Nadia Meza
    Section Image
  • Yousef Ouri

    Buyer's Agent in 2020

    Yousef Ouri

    HomeSmart Realty Group

    (312) 981-9215

    1 Total Sale

    Yousef Ouri
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10760961

Midwest Real Estate Data (MRED)
Illinois Cook County Summit 60501

5305 S 72nd Ct, Summit, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) 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. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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