$199,000

7212 W 63rd Place Summit, IL 60501

Estimated payment $1,891/month

5 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Forced Air Heating System
  • Argo Community High School Rated A-
  • 3-minute walk to Nottingham Park

About This Home

Attention investors and rehabbers! This brick 2-unit building is ready for your next project. The second-floor unit offers 3 bedrooms and 1 bath, while the first-floor unit features 2 bedrooms and 1 bath, both with spacious living areas and large kitchens. This property is being sold as-is and requires renovation, but it offers solid structure, separate entrances, and strong rental potential once updated. Perfect for a buy-and-hold investor, live-in owner, or experienced rehabber looking to add value. Situated in a convenient location near schools, shopping, and major transportation routes, this property offers easy access for future tenants or owners. Don't miss this opportunity to add this solid, profitable 2-flat to your investment portfolio!

Listing Agent

Cory Tanzer

Option Premier LLC License #475167115 Listed on: 10/29/2025

Co-Listing Agent

Dream Irby

Option Premier LLC License #475187354

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,161

Year Built

  • Built in 1998

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,161

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1998
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Central Air Conditioner

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public

Lot Info

  • Lot Dimensions: 3125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 10161
  • Tax Year: 2023

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Map

Range of Values:

Collateral Analytics

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ICE

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2025 10/29/25 For Sale $199,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12506302

Midwest Real Estate Data (MRED)