NOT LISTED FOR SALE

5318 S 73rd Ave Summit, IL 60501

5 Beds
2 Baths
-- Sq Ft
1961 Built

Last Sold November 29, 2021

Last sale price $259,000

11 Days on Market

Highlights

  • 2.5 Car Detached Garage
  • Baseboard Heating
  • Step Ranch
  • Argo Community High School Rated A-
  • Paved or Partially Paved Lot

About This Home

As of November 2021

Location location!! Conveniently located 5 minutes to I-55 Stevenson Express. Near Harlem Ave and Archer Ave. Portillo's Restaurant and Shopping area. Why pay rent when you can own this affordable legal two flat live in one floor and rent the other. this home features 3 generous size bedrooms on the second floor and 2 on the 1st floor. Harwood floor under New carpet, hot water baseboard heat. Space for Washer and dryer in the back of 1st floor rear utilities room.Two cars detached garage with electric door opener. Both units are vacant, easy to show at any time. Please use booties or remove shoes to keep carpet clean. Great property for owner to move into second floor and rent the 1st. floor average rent is $1400. with heat included.

Last Agent to Sell the Property

Ubaldo Garcia

RE/MAX Mi Casa License #471001599 Listed on: 10/01/2021

RE/MAX Mi Casa

Last Buyer's Agent

Pablo Lopez

Cobblestone Realty Inc License #475195116

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,664

Year Built

  • Built in 1961

Parking

  • 2.5 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Step Ranch
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Lot Details

  • Lot Dimensions are 32x120.6
  • Paved or Partially Paved Lot

Schools

  • Argo Community High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 2 Units
  • Raised Ranch

Amenities

  • Common Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,664

Year Built

Built in 1961

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Step Ranch
  • New Construction: No
  • Year Built: 1961
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights, Street Paved
  • Conversion YN: N

Schools

  • High School: Argo Community High School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 32X120.6
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7664.07
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2021 11/29/21 Sold $259,000 0.0% --
10/14/2021 10/14/21 Pending -- -- --
10/02/2021 10/02/21 For Sale $259,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,161 $29,000 $2,830 $26,170
2024 $10,161 $29,000 $2,830 $26,170
2023 $9,031 $29,000 $2,830 $26,170
2022 $9,031 $20,932 $2,440 $18,492
2021 $7,390 $20,931 $2,440 $18,491
2020 $7,664 $20,931 $2,440 $18,491
2019 $6,409 $17,369 $2,244 $15,125
2018 $6,195 $17,369 $2,244 $15,125
2017 $6,896 $18,908 $2,244 $16,664
2016 $5,724 $14,618 $1,952 $12,666
2015 $5,490 $14,618 $1,952 $12,666
2014 $5,998 $15,959 $1,952 $14,007
2013 $4,820 $14,612 $1,952 $12,660
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11236101

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.