A
Seller's Agent in 2023
Anna Vargas
ARNI Realty Incorporated
(312) 730-5668
1 in this area
1 Total Sale
5427 S 73rd Ct Summit, IL 60501
4
Beds
3
Baths
--
Sq Ft
3,920
Sq Ft Lot
Highlights
- Property is near park
- Corner Lot
- 1 Car Detached Garage
- Argo Community High School Rated A-
- Community Pool
About This Home
As of August 2023Great Investment Opportunity! Cash Cow now available! 2 Unit (2 flat) Apartment Building with tons of windows on corner lot (new windows 2019). Property sits up HIGH (owner has never had flooding issues) and comes with fully finished basement also with many windows (finished basement has private rear entrance). Generate rent of $1200-$1300 per unit OR live in one for FREE while you rent the other! Fully finished basement can be occupied by family or relative. Newer windows throughout and some updates in the last few months. Coin and App operated common laundry for building is owned by owner and is another income generator. 1st and 2nd floor pay only electric. Gas utility is covered in rents. Building has a one car garage, an open carport in rear of building for a second car AND bonus - tons of always available street parking due to being on the corner! Spacious backyard for gatherings. Very walkable - walk to shops, restaurants, and park district in great, quiet neighborhood. Conveniently located only a few minutes from the I-55 Stevenson expressway ramp - close enough to the expressway WITHOUT the noise! Solid brick building waiting for the novice OR seasoned investor OR owner occupier! Building fully vacant and ready for immediate showings. Apartment buildings for sale are RARE. Don't miss out on this opportunity. It will not last! Offer Submission Schedule: -Monday, 6/26 by noon - submission of highest and best terms offer -Tuesday, 6/27 - Seller will review all offers and accept best one
Last Agent to Sell the Property
ARNI Realty Incorporated License #475171571 Listed on: 06/22/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,875
Year Built
- Built in 1923 | Remodeled in 2018
Lot Details
- Lot Dimensions are 30 x 100
- Corner Lot
- Paved or Partially Paved Lot
Parking
- 1 Car Detached Garage
- Alley Access
- Side or Rear Entrance to Parking
- Garage Door Opener
- Parking Included in Price
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 3 Bathrooms
Schools
- Argo Community High School
Utilities
- Radiator
- Lake Michigan Water
Additional Features
- English Basement
- Property is near park
Community Details
Overview
- 2 Units
Recreation
- Community Pool
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/10/2023 08/10/23 | Sold | $370,000 | -1.3% | -- |
| 06/26/2023 06/26/23 | Pending | -- | -- | -- |
| 06/22/2023 06/22/23 | For Sale | $375,000 | -- | -- |
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 | $8,648 | $28,000 | $2,963 | $25,037 |
| 2024 | $8,648 | $28,000 | $2,963 | $25,037 |
| 2023 | $5,998 | $28,000 | $2,963 | $25,037 |
| 2022 | $5,998 | $17,322 | $2,554 | $14,768 |
| 2021 | $5,875 | $17,322 | $2,554 | $14,768 |
| 2020 | $6,113 | $17,322 | $2,554 | $14,768 |
| 2019 | $5,542 | $15,485 | $2,350 | $13,135 |
| 2018 | $5,869 | $16,635 | $2,350 | $14,285 |
| 2017 | $5,887 | $16,635 | $2,350 | $14,285 |
| 2016 | $5,400 | $13,932 | $2,043 | $11,889 |
| 2015 | $5,176 | $13,932 | $2,043 | $11,889 |
| 2014 | $5,090 | $13,932 | $2,043 | $11,889 |
| 2013 | $5,743 | $16,908 | $2,043 | $14,865 |
Source: Public Records
Agents Affiliated with this Home
-
Anna Vargas
-
Gregorio Cirone
Buyer's Agent in 2023
Gregorio Cirone
xr realty
(708) 415-6755
1 in this area
517 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11814796
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Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID
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