NOT LISTED FOR SALE

7212 Park Ave Summit, IL 60501

Summit Area
7 Beds
4 Baths
-- Sq Ft
1963 Built

Sale Details

Date Sold: February 22, 2021

Last sale price $290,000

63 Days on Market

About This Home

As of February 2021

Great investment property, 4 units to rent with parking included, well-maintained and updated building, bathroom and kitchen recently upgraded, wood and ceramic floors.

Last Agent to Sell the Property

Brandi Will

Epic Investment Company License #475128436 Listed on: 11/20/2020

Last Buyer's Agent

Maria Galindo

RE/MAX 10 License #475148479

RE/MAX 10

Property Details

Home Type

  • Multi-Family

Year Built | Renovated

  • 1963 | 2018

Home Design

  • Brick Exterior Construction
  • Wood Shingle Roof

Basement

  • Crawl Space

Parking

  • Parking Available
  • Side or Rear Entrance to Parking
  • Parking Space is Owned

Utilities

  • Radiator
  • Hot Water Heating System
  • Lake Michigan Water

Property Details

Home Type

Multi-Family

Year Built | Renovated

1963 | 2018

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 51-60 Years
  • Full Bathrooms: 4
  • Ownership: Fee Simple
  • Rehab Year: 2018
  • Total Full or Half Bathrooms: 4
  • Estimated Year Built: 1963
  • Type Multi: 2 Story Unit/s
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963
  • Year Renovated: 2018

Interior Features

  • Number Of Rooms: 20
  • Basement: Crawl
  • Bedrooms All Levels: 7
  • Above Grade Bedrooms: 7

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Wood Shakes/Shingles

Garage/Parking

  • Number of Cars: 4
  • Parking: Space/s
  • Parking Details: Rear/Side Entry
  • Number Parking Spaces: 4
  • Parking On Site: Yes
  • Parking Ownership: Owned

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam, Radiators

Schools

  • Junior High Dist: 104

Lot Info

  • Lot Dimensions: 32' X 120'
  • Parcel Identification Number: 18124040240000

Multi Family

  • Total Number Unitsin Building: 4
  • Full Baths In Building: 4

Tax Info

  • Taxes: 7732.75

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

Listed on
Nov 20, 2020
Closed on
Feb 19, 2021
Sold by
Bought by
Seller's Agent
Brandi Will
Epic Investment Company
Buyer's Agent
Maria Galindo
RE/MAX 10
List Price
$309,900
Sold Price
$290,000
Premium/Discount to List
-$19,900
-6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,928
Interest Rate
0.0305%
Mortgage Type
FHA

Purchase Details

Closed on
May 16, 2001
Sold by
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
$175,500
Interest Rate
0.0707%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 5, 2000
Sold by
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
$164,897
Interest Rate
0.0803%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 10, 1999
Sold by
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
$122,800
Interest Rate
0.0704%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 1998
Sold by
Bought by

Purchase Details

Closed on
Sep 26, 1997
Sold by
Bought by

Purchase Details

Closed on
Apr 16, 1994
Sold by
Bought by

Purchase Details

Closed on
Apr 15, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$290,000 Fidelity National Title
$195,000 --
$166,000 --
$153,500 Professional National Title
$152,000 --
$101,666 Attorneys Natl Title Network
-- --
-- --
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 $274,928
Previous Owner $175,500
Previous Owner $164,897
Previous Owner $122,800
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
02/22/2021 02/22/21 Sold $290,000 -6.4% --
01/22/2021 01/22/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $309,900 0.0% --
12/02/2020 12/02/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $309,900 -- --
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 $9,700 $31,000 $2,784 $28,216
2024 $9,700 $31,000 $2,784 $28,216
2023 $7,213 $31,000 $2,784 $28,216
2022 $7,213 $20,139 $2,400 $17,739
2021 $8,456 $20,139 $2,400 $17,739
2020 $8,657 $20,139 $2,400 $17,739
2019 $7,733 $16,820 $2,208 $14,612
2018 $10,973 $24,681 $2,208 $22,473
2017 $10,958 $24,681 $2,208 $22,473
2016 $8,058 $17,061 $1,920 $15,141
2015 $7,809 $17,061 $1,920 $15,141
2014 $7,642 $17,061 $1,920 $15,141
2013 $7,410 $18,422 $1,920 $16,502
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Brandi Will

    Epic Investment Company

    Section Image
  • Maria Galindo

    Buyer's Agent in 2021

    Maria Galindo

    RE/MAX

    (708) 296-3388

    135 Total Sales

    Maria Galindo
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10939037

Midwest Real Estate Data (MRED)
Illinois Cook County Summit 60501

7212 Park Ave, Summit, IL

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.

Midwest Real Estate Data (MRED) 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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