Karina Hiselman
Berkshire Hathaway HomeServices Starck Real Estate
(872) 217-9978
76 Total Sales
1 in Summit
$450,000 Price
7208 Park Ave Summit, IL 60501
Summit Area
7
Beds
4
Baths
--
Sq Ft
3,485
Sq Ft Lot
About This Home
As of December 2023Great investment rental property. 4-unit brick building 100% occupied. Very well maintained by its owner. Check out the rental income! Owner pays for heat, water and scavenger but laundry's income balances out the expenses. Every unit has window a/c. New water heater installed June 2019. Brand new furnace. No need to do anything. Tenants pay for electric and cooking gas. Close to I55 & Harlem Ave & Archer Ave. Just get it and start collecting rent.
Last Agent to Sell the Property
Gerardo Amaro
Chicagoland Brokers Inc. License #475142736 Listed on: 10/23/2023
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,642
Year Built
- Built in 1964
Lot Details
- 3,485
Home Design
- Brick Exterior Construction
- Brick Foundation
- Slab Foundation
- Asphalt Roof
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 4 Bathrooms
Home Security
- Storm Screens
- Carbon Monoxide Detectors
Parking
- 4 Parking Spaces
- Uncovered Parking
- Parking Space is Owned
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Ceiling Fan
- 3,485 Sq Ft Lot
Community Details
Overview
- 4 Units
- 4 Unit Building
Building Details
- Gross Income $59,100
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
May 11, 2026
Sold by
7208 Park Ave Llc
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
$325,000
Outstanding Balance
$323,906
Interest Rate
6.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 8, 2024
Sold by
Gayton Francisco and Rodriguez Vanesa
Bought by
7208 Park Ave Llc
Purchase Details
Listed on
Oct 23, 2023
Closed on
Dec 7, 2023
Sold by
Daley Cruz
Bought by
Gaytan Francisco and Rodriguez Vanesa
Seller's Agent
Gerardo Amaro
Chicagoland Brokers Inc.
Buyer's Agent
Sergio Moreno
Solutions Realty & Assoc LLC
List Price
$399
Sold Price
$415,500
Premium/Discount to List
$415,101
104035.34%
Views
80
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,625
Interest Rate
8.63%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 9, 2021
Closed on
Aug 27, 2021
Sold by
Valdez Ricardo and Esqueda Monica
Bought by
Daley Cruz
Seller's Agent
Elizabeth Rios Martinez
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Gerardo Amaro
Chicagoland Brokers Inc.
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.02%
Original Mortgage
$160,000
Interest Rate
2.99%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 11, 2018
Closed on
Nov 16, 2018
Sold by
Zaher Ivica
Bought by
Valdez Ricardo and Esqueda Monica
Seller's Agent
David Bovyn
Chicago Style
Buyer's Agent
Pearce Lashmett
Jameson Sotheby's Intl Realty
List Price
$215,500
Sold Price
$197,000
Premium/Discount to List
-$18,500
-8.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.32%
Original Mortgage
$193,431
Interest Rate
5.5%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 11, 2014
Sold by
Persa Robert A
Bought by
Zaher Ivica
Purchase Details
Closed on
Jan 28, 1998
Sold by
Elmazovski Selman and Elmazovski Riza
Bought by
Persa Robert A
Purchase Details
Closed on
Nov 22, 1995
Sold by
Elmazovski Selman
Bought by
Elmazovski Selman and Elmazovski Riza
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Summit, IL
-
Karina Hiselman
-
Ana Sandoval-Cremieux
Ana Sandoval-Cremieux
Compass
(844) 983-3106
123 Total Sales
1 in Summit
$229,000 Price
-
Caesar Skiba
Caesar Skiba
Landmark Realtors
(844) 423-2258
46 Total Sales
1 in Summit
$232,000 Price
-
Hugo Araujo
Hugo Araujo
Coldwell Banker Realty
(773) 819-6179
157 Total Sales
1 in Summit
$310,000 Price
-
John Charleston
John Charleston
RE/MAX 10
(630) 757-8632
99 Total Sales
1 in Summit
$210,000 Price
-
Maria Ortiz
Maria Ortiz
Kale Realty
(708) 726-3036
65 Total Sales
2 in Summit
$100K - $190K Price Range
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 | ||
| 7208 Park Ave Llc | -- | None Listed On Document | |
| Gaytan Francisco | $415,500 | Chicago Title | |
| Daley Cruz | $290,000 | Fort Dearborn Title | |
| Valdez Ricardo | $197,000 | Attorney | |
| Zaher Ivica | $96,500 | None Available | |
| Persa Robert A | $160,000 | -- | |
| Elmazovski Selman | -- | -- |
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 |
|---|---|---|---|
| Open | $325,000 | ||
| Closed | Gaytan Francisco | $311,625 | |
| Previous Owner | Daley Cruz | $160,000 | |
| Closed | Valdez Ricardo | $193,431 |
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 |
|---|---|---|---|---|---|
| 12/07/2023 12/07/23 | Sold | $415,500 | +3.9% | -- | |
| 10/27/2023 10/27/23 | Pending | -- | -- | -- | |
| 10/23/2023 10/23/23 | Price Changed | $399,900 | +100125.6% | -- | |
| 10/23/2023 10/23/23 | For Sale | $399 | -99.9% | -- | |
| 10/07/2021 10/07/21 | Sold | $290,000 | -3.0% | -- | View Prior Sale |
| 07/14/2021 07/14/21 | Pending | -- | -- | -- | |
| 07/09/2021 07/09/21 | For Sale | $299,000 | +51.8% | -- | |
| 11/16/2018 11/16/18 | Sold | $197,000 | -8.6% | -- | View Prior Sale |
| 09/25/2018 09/25/18 | Pending | -- | -- | -- | |
| 09/25/2018 09/25/18 | For Sale | $215,500 | +9.4% | -- | |
| 09/24/2018 09/24/18 | Off Market | $197,000 | -- | -- | |
| 09/11/2018 09/11/18 | For Sale | $215,500 | -- | -- |
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 | $10,511 | $30,000 | $2,784 | $27,216 |
| 2024 | $10,511 | $30,000 | $2,784 | $27,216 |
| 2023 | $8,642 | $30,000 | $2,784 | $27,216 |
| 2022 | $8,642 | $20,032 | $2,400 | $17,632 |
| 2021 | $8,410 | $20,031 | $2,400 | $17,631 |
| 2020 | $8,611 | $20,031 | $2,400 | $17,631 |
| 2019 | $9,936 | $21,612 | $2,208 | $19,404 |
| 2018 | $9,609 | $21,612 | $2,208 | $19,404 |
| 2017 | $9,596 | $21,612 | $2,208 | $19,404 |
| 2016 | $4,558 | $9,650 | $1,920 | $7,730 |
| 2015 | $4,417 | $9,650 | $1,920 | $7,730 |
| 2014 | $4,323 | $9,650 | $1,920 | $7,730 |
| 2013 | $7,410 | $18,422 | $1,920 | $16,502 |
Source: Public Records
Agents Affiliated with this Home
-
GA
Seller's Agent in 2023
Gerardo Amaro
Chicagoland Brokers Inc.
-
Sergio Moreno
Buyer's Agent in 2023
Sergio Moreno
Solutions Realty & Assoc LLC
(708) 268-7059
37 Total Sales
-
Elizabeth Rios Martinez
Seller's Agent in 2021
Elizabeth Rios Martinez
Berkshire Hathaway HomeServices Chicago
(310) 497-9160
84 Total Sales
-
David Bovyn
Seller's Agent in 2018
David Bovyn
Chicago Style
(630) 878-8986
17 Total Sales
-
Pearce Lashmett
Buyer's Agent in 2018
Pearce Lashmett
Jameson Sotheby's Intl Realty
(312) 731-1800
56 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11914136
APN: 18-12-404-022-0000
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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