$449,900
PENDING

Estimated payment $3,093/month

Total Views 17,620
6 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Second Garage
  • Georgian Architecture
  • Patio
  • Argo Community High School Rated A-
  • 2.5 Car Detached Garage
  • 5-minute walk to Hanover Park

About This Home

Excellent Investment Opportunity - Beautifully Updated Brick Two-Flat with Finished Basement in Summit! Welcome to this beautifully updated and exceptionally well-maintained all-brick two-flat, ideally located in the heart of Summit. Whether you're looking to expand your investment portfolio or searching for an owner-occupied property with excellent income potential, this versatile building offers outstanding value, quality updates, and exceptional flexibility. The property features two spacious 2-bedroom, 1-bathroom apartments, each offering bright and inviting living areas, generously sized bedrooms, ample closet space, beautifully updated kitchens, modern bathrooms, durable engineered flooring throughout, and fresh interior paint. Both units and the basement have been thoughtfully renovated, creating move-in-ready living spaces with contemporary finishes and timeless appeal. The finished basement, offering approximately 800 square feet of additional living space, includes 2 additional bedrooms, 1 full bathroom, a dedicated laundry room, and abundant storage, providing exceptional flexibility for a variety of living arrangements. Buyers are encouraged to verify all intended uses with the Village of Summit. Additional improvements include a roof approximately seven years old, updated interior finishes throughout the property, and meticulous maintenance that provides peace of mind for years to come. Outside, you'll enjoy a fully fenced backyard, a spacious patio ideal for relaxing or entertaining, an oversized 2.5-car detached garage, and an additional parking pad accommodating up to two extra vehicles, providing ample off-street parking for residents and guests. Conveniently located with easy access to I-55, I-294, Harlem Avenue, Archer Avenue, Pace bus service, Metra commuter rail, Midway Airport, shopping, restaurants, parks, schools, and everyday conveniences, this location offers an easy commute to downtown Chicago and surrounding suburbs. Summit continues to attract both homeowners and investors thanks to its convenient location, strong rental demand, and excellent accessibility. The property offers a total of 6 bedrooms and 3 full bathrooms, making it an outstanding opportunity for owner-occupants, multigenerational living, or investors seeking long-term income potential. Combining quality updates, classic brick construction, abundant parking, and an exceptional location, this move-in-ready property is one you won't want to miss.

Listing Agent

Slawomir Rachmaciej

Exit Realty Redefined Brokerage Phone: (847) 903-2924 License #475178105 Listed on: 07/15/2026

Exit Realty Redefined

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,497

Year Built

  • Built in 1955 | Remodeled in 2026

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 45x125
  • Fenced

Parking

  • 2.5 Car Detached Garage
  • Second Garage
  • Parking Available
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Georgian Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Outdoor Features

  • Patio

Schools

  • Argo Community High School

Utilities

  • Radiator
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,497

Year Built

Built in 1955 | Remodeled in 2026

Lot Details

5,663 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Georgian
  • HabitableResidenceYN: No
  • New Construction: No
  • Year Built: 1955
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2026
  • Actual Status: Contingent
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (847) 903-2924
  • Special Features: 4224
  • Property Sub Type: MultiFamily
  • Year Renovated: 2026

Interior Features

  • Basement: Finished, Walk-Up Access, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Window Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • OtherStructures: Second Garage
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
  • ParkingTotal: 2.5

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Baseboard, Radiator(s)
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Conversion YN: N

Schools

  • High School: Argo Community High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.13
  • Lot Dimensions: 45X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7497.42
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,019 $26,000 $4,111 $21,889
2024 $7,019 $26,000 $4,111 $21,889
2023 $3,677 $26,000 $4,111 $21,889
2022 $3,677 $14,682 $3,544 $11,138
2021 $3,647 $14,680 $3,543 $11,137
2020 $3,910 $14,680 $3,543 $11,137
2019 $6,255 $17,035 $3,260 $13,775
2018 $6,047 $17,035 $3,260 $13,775
2017 $6,065 $17,035 $3,260 $13,775
2016 $5,951 $15,098 $2,835 $12,263
2015 $5,710 $15,098 $2,835 $12,263
2014 $5,612 $15,098 $2,835 $12,263
2013 $4,900 $14,811 $2,835 $11,976
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
08/20/2026 08/20/26 Pending -- -- --
07/15/2026 07/15/26 For Sale $449,900 -- --
Source: Midwest Real Estate Data (MRED)

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
Quit Claim Deed -- Chicago Title
Warranty Deed $159,000 Pntn
Warranty Deed $120,000 Professional National Title
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Previous Owner $151,050 Unknown
Previous Owner $90,000 No Value Available
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12705339

Midwest Real Estate Data (MRED)

APN: 18-12-416-007-0000

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