Jose Cortez
Responds Quickly
Golden Enterprise Realty Inc
(866) 598-2035
89 Total Sales
1 in Summit
$345,000 Price
7216 W 59th St Summit, IL 60501
Summit Area
8
Beds
4
Baths
--
Sq Ft
3,049
Sq Ft Lot
About This Home
As of September 2023High Class Brick 4 unit in nice area in Summit. Oversized lot with hug 3 car garage. Most luxurious 4 unit brick building in Summit. Also brings in $100/ month for laundry machines and $250.00/ month for the garage rental. LA related to seller.
Last Agent to Sell the Property
City Life Realty License #471017244 Listed on: 07/03/2023
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,789
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 59x125
Parking
- 4 Car Detached Garage
- Garage Transmitter
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 4 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
Schools
- Dr Donald Wharton Elementary Sch
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- 4 Units
Building Details
- Gross Income $57,000
- Net Operating Income $47,455
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
Mar 18, 2004
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
$311,920
Interest Rate
4.18%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 1, 2002
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
$170,500
Interest Rate
6.92%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Summit, IL
-
Jose Cortez
-
George Venturella
George Venturella
Century 21 Circle
(708) 505-7886
172 Total Sales
1 in Summit
$247,500 Price
-
Sandy Ortiz-Ramirez
Sandy Ortiz-Ramirez
Realty of America, LLC
(773) 572-0782
144 Total Sales
1 in Summit
$565,000 Price
-
Michael Kozuchowski
Michael Kozuchowski
Century 21 S.G.R., Inc.
(872) 250-5498
55 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
43 Total Sales
1 in Summit
$242,000 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 |
|---|---|---|---|
| $390,000 | Multiple | ||
| $170,000 | -- |
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 | $323,700 | ||
| Closed | $327,000 | ||
| Closed | $323,500 | ||
| Closed | $311,920 | ||
| Previous Owner | $170,500 | ||
| Previous Owner | $133,000 |
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 |
|---|---|---|---|---|
| 09/13/2023 09/13/23 | Sold | $460,000 | 0.0% | -- |
| 07/10/2023 07/10/23 | Pending | -- | -- | -- |
| 07/03/2023 07/03/23 | For Sale | $459,900 | -- | -- |
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 |
|---|---|---|---|---|
| 2020 | $8,260 | $19,215 | $1,953 | $17,262 |
| 2019 | $6,989 | $15,203 | $1,796 | $13,407 |
| 2018 | $8,010 | $18,015 | $1,796 | $16,219 |
| 2017 | $8,849 | $19,930 | $1,796 | $18,134 |
| 2016 | $6,020 | $12,746 | $1,562 | $11,184 |
| 2015 | $6,424 | $14,036 | $1,562 | $12,474 |
| 2014 | $6,287 | $14,036 | $1,562 | $12,474 |
| 2013 | $4,771 | $11,862 | $1,562 | $10,300 |
Source: Public Records
Agents Affiliated with this Home
-
Louis Kiessling
Seller's Agent in 2023
Louis Kiessling
City Life Realty
(312) 927-4426
97 Total Sales
-
Krzysztof Kuczaj
Buyer's Agent in 2023
Krzysztof Kuczaj
NowEquity Real Estate
(630) 670-6642
87 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11822112
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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