NOT LISTED FOR SALE

7221 Park Ave Summit Argo, IL 60501

5 Beds
2 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold October 10, 2015

Last sale price $180,000

25 Days on Market

Highlights

  • Fenced Yard
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Argo Community High School Rated A-

About This Home

As of October 2015

Currently being beautifully renovated, this large 2 unit building has great potential for either an owner occupant or investor. It features a total of 5 bedrooms, 2 baths, and a large utility room/laundry/storage area on the lower level. The 2 car detached garage and fenced back yard with patio add to the desirability of this home. The 1st floor has 2 beds/spacious living/dining area & hardwood floors. The 2nd floor has 3 beds/ kitchen/ living/dining/hardwood floors.

Last Agent to Sell the Property

Heather Huldin

Kale Realty License #475157652 Listed on: 07/26/2015

Last Buyer's Agent

Ellen Moore

RE/MAX Action

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,171

Year Built

  • Built in 1962

Lot Details

  • 3,920 Sq Ft Lot
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,171

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1962
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Foundation Details: Brick/Mortar
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.09
  • Lot Dimensions: 4000
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 7171.04
  • Tax Year: 2014
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 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 Prior Sale
10/10/2015 10/10/15 Sold $180,000 -5.3% --
08/20/2015 08/20/15 Pending -- -- --
07/26/2015 07/26/15 For Sale $190,000 +245.5% --
03/09/2015 03/09/15 Sold $55,000 -20.3% -- View Prior Sale
01/19/2015 01/19/15 Pending -- -- --
12/29/2014 12/29/14 For Sale $69,000 -- --
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 $8,664 $28,042 $2,900 $25,142
2024 $8,664 $28,042 $2,900 $25,142
2023 $7,561 $28,042 $2,900 $25,142
2022 $7,561 $20,944 $2,500 $18,444
2021 $7,395 $20,944 $2,500 $18,444
2020 $7,670 $20,944 $2,500 $18,444
2019 $6,972 $18,594 $2,300 $16,294
2018 $6,740 $18,594 $2,300 $16,294
2017 $6,757 $18,594 $2,300 $16,294
2016 $7,560 $16,007 $2,000 $14,007
2015 $7,326 $16,007 $2,000 $14,007
2014 $7,170 $16,007 $2,000 $14,007
2013 $7,058 $17,546 $2,000 $15,546
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08993517

Midwest Real Estate Data (MRED)