Sandy Ortiz-Ramirez
Realty of America, LLC
(773) 572-0782
145 Total Sales
1 in Summit
$565,000 Price
7206 Park Ave Summit, IL 60501
Summit Area
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
Last Buyer's Agent
Angel Ontiveros
RE/MAX Mi Casa License #475192434
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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
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 28, 2025
Sold by
Hernandez Martha
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 6, 2023
Closed on
Apr 18, 2023
Sold by
Haddad Yara and Haddad Riad
Bought by
Hernandez Martha
Seller's Agent
Bill Erdman
Century 21 Circle
Buyer's Agent
Angel Ontiveros
RE/MAX Mi Casa
List Price
$339,900
Sold Price
$330,000
Premium/Discount to List
-$9,900
-2.91%
Views
116
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
9.13%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 2, 2020
Closed on
Nov 12, 2020
Sold by
Deriggi Construction Company
Bought by
Haddad Yara and Abawi Riad
Seller's Agent
Robert Findlay
Findlay Real Estate Group Inc
Buyer's Agent
Bill Erdman
Century 21 Circle
List Price
$265,000
Sold Price
$266,500
Premium/Discount to List
$1,500
0.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%
Original Mortgage
$199,875
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 18, 2011
Sold by
Federal National Mortgage Association
Bought by
Deriggi Construction
Purchase Details
Closed on
May 7, 2010
Sold by
Balbuena Juan M and Balbuena Lourdes
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Nov 20, 2003
Sold by
Molina Herman and Molina Alice
Bought by
Balbuena Juan M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,750
Interest Rate
6.99%
Mortgage Type
Commercial
Purchase Details
Closed on
May 1, 2002
Sold by
Elmazovski Mentor
Bought by
Molina Herman and Molina Alice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,100
Interest Rate
6.87%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 28, 2001
Sold by
Marquette Bank
Bought by
Elmazovski Mento
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.97%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 23, 1999
Sold by
Sloat Thelma
Bought by
Marquette National Bank and Trust #2725
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Summit, IL
-
Sandy Ortiz-Ramirez
-
Michael Kozuchowski
Michael Kozuchowski
Century 21 S.G.R., Inc.
(872) 250-5498
56 Total Sales
1 in Summit
$225,000 Price
-
Araceli Montalvo
Araceli Montalvo
Extreme Realty LLC
(312) 818-3983
40 Total Sales
1 in Summit
$345,000 Price
-
Israel Valadez
Israel Valadez
Realty of America, LLC
(855) 536-1959
44 Total Sales
1 in Summit
$242,000 Price
-
Jorge Vigil
Jorge Vigil
HomeSmart Realty Group
(877) 554-1280
59 Total Sales
2 in Summit
$95K - $310K Price Range
-
Krystyna Soprych
Krystyna Soprych
RE/MAX 10 in the Park
(708) 859-7157
205 Total Sales
1 in Summit
$176,000 Price
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Chicago Title | ||
| Hernandez Martha | $330,000 | None Listed On Document | |
| Haddad Yara | $266,500 | Attorney | |
| Deriggi Construction | $68,500 | None Available | |
| Federal National Mortgage Association | -- | None Available | |
| Balbuena Juan M | $277,000 | First American Title | |
| Molina Herman | $209,000 | -- | |
| Elmazovski Mento | $170,000 | -- | |
| Marquette National Bank | $20,000 | 1St American 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 | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $315,000 | ||
| Previous Owner | Hernandez Martha | $231,000 | |
| Previous Owner | Haddad Yara | $199,875 | |
| Closed | Balbuena Juan M | $207,750 | |
| Previous Owner | Molina Herman | $188,100 | |
| Previous Owner | Elmazovski Mento | $136,000 |
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 | 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
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 | $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
Seller's Agent in 2023
Bill Erdman
Century 21 Circle
(312) 391-0630
148 Total Sales
-
AO
Buyer's Agent in 2023
Angel Ontiveros
RE/MAX
-
Robert Findlay
Seller's Agent in 2020
Robert Findlay
Findlay Real Estate Group Inc
(815) 317-5316
316 Total Sales
-
Valerie Findlay
Seller Co-Listing Agent in 2020
Valerie Findlay
Findlay Real Estate Group Inc
(630) 730-4315
167 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11731241
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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