5330 S 73rd Ct Summit, IL 60501
Summit AreaEstimated payment $4,235/month
About This Home
TURNKEY CASH-FLOW MACHINE: INVESTOR OR OWNER-OCCUPANT DREAM IN PRIME SUMMIT! Stop fighting heavy renovation costs and add an immediate, stabilized performer to your portfolio. Units are occupied with steady tenants on active leases generating day-one cash flow. One unit can be delivered VACANT at the end of June. This is a massive advantage: perfect for an owner-occupant looking to "house hack" (live in one, let the others tenant cover the mortgage), or for an investor ready to instantly place a new tenant at top-of-market rent to maximize the Cap Rate. Coin-operated Washer and Dryer for extra income. Solid, low-maintenance brick structure situated in a high-demand rental market. Excellent location with unbeatable access to I-55, public transit, and major employment hubs. The property is being sold strictly "AS-IS." DO NOT DISTURB THE TENANTS to respect their privacy. ONLY PRE-APPROVED BUYERS PER SELLER, THEN SHOWINGS WILL BE SCHEDULED. This is a HOT rental area and rents can easily be pushed higher. Drive by the exterior, run the numbers, and submit your best offer. (Note: Broker Owned - Listing Agent).
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,333
Year Built
- Built in 1963
Home Design
- Brick Exterior Construction
- Vinyl Siding
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 4 Bathrooms
Parking
- 4 Parking Spaces
- Parking Available
- Off-Street Parking
- Assigned Parking
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
- Gas Water Heater
Additional Features
- Crawl Space
- Lot Dimensions are 122.95' x 35.88'
Community Details
- 4 Units
- Gross Income $61,260
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| 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 | $11,368 | $32,447 | $3,300 | $29,147 |
| 2024 | $11,368 | $32,447 | $3,300 | $29,147 |
| 2023 | $8,901 | $32,447 | $3,300 | $29,147 |
| 2022 | $8,901 | $20,631 | $2,845 | $17,786 |
| 2021 | $8,662 | $20,630 | $2,845 | $17,785 |
| 2020 | $8,868 | $20,630 | $2,845 | $17,785 |
| 2019 | $9,686 | $21,068 | $2,617 | $18,451 |
| 2018 | $9,367 | $21,068 | $2,617 | $18,451 |
| 2017 | $10,977 | $24,723 | $2,617 | $22,106 |
| 2016 | $7,315 | $15,489 | $2,276 | $13,213 |
| 2015 | $7,089 | $15,489 | $2,276 | $13,213 |
| 2014 | $6,938 | $15,489 | $2,276 | $13,213 |
| 2013 | $7,426 | $18,462 | $2,276 | $16,186 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/21/2026 06/21/26 | Pending | -- | -- | -- | |
| 06/02/2026 06/02/26 | For Sale | $575,000 | +69.1% | -- | |
| 01/27/2022 01/27/22 | Sold | $340,000 | -6.8% | -- | View Prior Sale |
| 12/09/2021 12/09/21 | Pending | -- | -- | -- | |
| 11/30/2021 11/30/21 | For Sale | $365,000 | -- | -- |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12646890
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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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Ask me questions while you tour the home.