Seller's Agent in 2023
Bill Erdman
Century 21 Circle
(312) 391-0630
2 in this area
154 Total Sales
7206 Park Ave Summit, IL 60501
7
Beds
4
Baths
--
Sq Ft
3,920
Sq Ft Lot
Highlights
- Corner Lot
- Zoned Heating
- Baseboard Heating
- Argo Community High School Rated A-
About This Home
As of May 2023Excellent Investment Opportunity! Convenient Summit location near Expressway and Archer Avenue! Brick 4 Unit with parking for 4 cars and a side Yard! 3 units are 4 Room 2 bedrooms and 4th unit is 3 Room with 1 Bedroom. Separate Laundry Room with coin-op washer and dryer for additional income. 2 bedrooms rent for $875 with room to grow and the 1 bedroom rents for $750. One unit currently vacant because property is for sale. 4 stoves and 4 Fridges will remain with Building. New carpeting and paint both upper units.
Last Agent to Sell the Property
Century 21 Circle License #471002507 Listed on: 03/06/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,300
Year Built
- Built in 1976
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 32 x 121
- Corner Lot
- Paved or Partially Paved Lot
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 4 Bathrooms
Basement
- Crawl Space
Parking
- 4 Parking Spaces
- Alley Access
- Uncovered Parking
- Parking Included in Price
Utilities
- Zoned Heating
- Baseboard Heating
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 4 Units
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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 | Prior Sale |
|---|---|---|---|---|---|
| 05/05/2023 05/05/23 | Sold | $330,000 | -2.9% | -- | |
| 03/14/2023 03/14/23 | Pending | -- | -- | -- | |
| 03/06/2023 03/06/23 | For Sale | $339,900 | +27.5% | -- | |
| 11/13/2020 11/13/20 | Sold | $266,500 | +0.6% | -- | View Prior Sale |
| 09/10/2020 09/10/20 | Pending | -- | -- | -- | |
| 09/02/2020 09/02/20 | For Sale | $265,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $10,861 | $31,000 | $2,841 | $28,159 |
| 2024 | $10,861 | $31,000 | $2,841 | $28,159 |
| 2023 | $8,529 | $31,000 | $2,841 | $28,159 |
| 2022 | $8,529 | $19,768 | $2,449 | $17,319 |
| 2021 | $8,300 | $19,768 | $2,449 | $17,319 |
| 2020 | $8,498 | $19,768 | $2,449 | $17,319 |
| 2019 | $8,452 | $18,385 | $2,253 | $16,132 |
| 2018 | $8,174 | $18,385 | $2,253 | $16,132 |
| 2017 | $10,309 | $23,218 | $2,253 | $20,965 |
| 2016 | $7,426 | $15,723 | $1,959 | $13,764 |
| 2015 | $7,196 | $15,723 | $1,959 | $13,764 |
| 2014 | $7,043 | $15,723 | $1,959 | $13,764 |
| 2013 | $6,940 | $17,253 | $1,959 | $15,294 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Erdman
-
Angel Ontiveros
Buyer's Agent in 2023
Angel Ontiveros
RE/MAX
4 in this area
16 Total Sales
-
Robert Findlay
Seller's Agent in 2020
Robert Findlay
Findlay Real Estate Group Inc
(815) 317-5316
359 Total Sales
-
Valerie Findlay
Seller Co-Listing Agent in 2020
Valerie Findlay
Findlay Real Estate Group Inc
(630) 730-4315
185 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11731241
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