NOT LISTED FOR SALE

7218 Park Ave Summit, IL 60501

7 Beds
8 Baths
-- Sq Ft
1964 Built

Last Sold February 07, 2017

Last sale price $132,000

31 Days on Market

Highlights

  • Traditional Architecture
  • First Floor Utility Room
  • Paved or Partially Paved Lot
  • Argo Community High School Rated A-
  • Baseboard Heating

About This Home

As of February 2017

GREAT BUY*4 UNITS, 3 -2 bedrooms each unit, 1-1 bedroom- Building needs some polishing but could be good income producer. Two exits/entrances. Laundry room for extra income. Hardwood floors. Short sale subject to lender approval.

Last Agent to Sell the Property

Rayed Yasin

ELLSBURY GROUP LLC License #471007977 Listed on: 12/28/2015

Last Buyer's Agent

Sundus Madi

Victory Lane Realty LLC License #475142459

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 30x120
  • Paved or Partially Paved Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 8 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned
  • Unassigned Parking

Additional Features

  • First Floor Utility Room
  • Baseboard Heating

Community Details

  • 4 Units
  • 4 Flat

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 8
  • Total Bedrooms: 7
  • Room Type: Utility Room-1st Floor
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: None

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30X120
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas

Tax Info

  • Tax Annual Amount: 7642.08
  • Tax Year: 2014
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat,3 Flat
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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
02/07/2017 02/07/17 Sold $132,000 +10.0% --
01/28/2016 01/28/16 Pending -- -- --
12/28/2015 12/28/15 For Sale $120,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

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 $10,183 $29,062 $2,784 $26,278
2024 $10,183 $29,062 $2,784 $26,278
2023 $8,643 $29,062 $2,784 $26,278
2022 $8,643 $20,033 $2,400 $17,633
2021 $8,411 $20,032 $2,400 $17,632
2020 $8,611 $20,032 $2,400 $17,632
2019 $8,896 $19,350 $2,208 $17,142
2018 $8,603 $19,350 $2,208 $17,142
2017 $10,335 $23,278 $2,208 $21,070
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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09106459

Midwest Real Estate Data (MRED)
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