NOT LISTED FOR SALE

5322 S 72nd Ct Summit, IL 60501

5 Beds
2 Baths
-- Sq Ft
25.49 Acres

Last Sold October 21, 2022

Last sale price $283,000

72 Days on Market

Highlights

  • 25.49 Acre Lot
  • 2 Car Detached Garage
  • Senior Tax Exemptions
  • Argo Community High School Rated A-

About This Home

As of October 2022

Welcome INVESTORS!! This property is one of kind opportunity to own a multi unit in the desire summit village. With two units and spacious rooms, you can live in one unit and collect rent from the other! Conventionally located with easy access to fine dining and shopping centers.

Last Agent to Sell the Property

Ernestina Preciado

RE/MAX 10 License #475147360 Listed on: 07/13/2022

RE/MAX 10

Co-Listed By

Kassandra Yousef

RE/MAX 10 License #475192349

Last Buyer's Agent

Guadalupe Diaz

Realty of Chicago LLC License #475202273

Realty of Chicago LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,294

Lot Details

  • 25.49 Acre Lot
  • Lot Dimensions are 35x125

Parking

  • 2 Car Detached Garage
  • No Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Argo Community High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,294

Lot Details

0

Parking

2

Listing Details

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

Interior Features

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

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Schools

  • High School: Argo Community High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 25.49
  • Lot Dimensions: 35X125
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 3294.13
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat
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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 List to Sale Price per Sq Ft
10/21/2022 10/21/22 Sold $283,000 +1.3% --
09/24/2022 09/24/22 Pending -- -- --
08/14/2022 08/14/22 For Sale $279,500 0.0% --
08/06/2022 08/06/22 Pending -- -- --
08/02/2022 08/02/22 For Sale $279,500 0.0% --
07/26/2022 07/26/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $279,500 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $9,810 $28,000 $2,854 $25,146
2024 $9,810 $28,000 $2,854 $25,146
2023 $6,384 $28,000 $2,854 $25,146
2022 $6,384 $20,954 $2,460 $18,494
2021 $3,454 $20,954 $2,460 $18,494
2020 $3,294 $20,954 $2,460 $18,494
2019 $3,894 $18,583 $2,263 $16,320
2018 $3,773 $18,583 $2,263 $16,320
2017 $3,702 $18,583 $2,263 $16,320
2016 $7,558 $16,002 $1,968 $14,034
2015 $5,266 $16,002 $1,968 $14,034
2014 $4,374 $16,002 $1,968 $14,034
2013 $5,243 $17,543 $1,968 $15,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11463215

Midwest Real Estate Data (MRED)