Israel Valadez
Realty of America, LLC
(855) 536-1959
43 Total Sales
1 in Summit
$242,000 Price
7222 Park Ave Summit, IL 60501
Summit Area
7
Beds
3
Baths
--
Sq Ft
0.25
Acre Lot
Highlights
- 0.25 Acre Lot
- Ceiling Fan
- Heating System Uses Steam
- Argo Community High School Rated A-
- Baseboard Heating
- Paved or Partially Paved Lot
About This Home
As of June 2025Rare investment Opportunity Alert! Here's your chance to own a money-maker in Summit! 4-Unit Property, 7-Bedrooms, 4-Bathrooms, 4 Parking spaces in the back of the building and Coins laundry room. Fully Occupied - Stable Income Stream Don't miss out on this incredible investment! Contact your local realtor today for more information or to schedule a private tour. Act fast-opportunities like this don't last long!
Last Agent to Sell the Property
Midwest SignatureProperties Co License #471022885 Listed on: 12/10/2024
Last Buyer's Agent
Angel Ontiveros
RE/MAX Mi Casa License #475192434
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,861
Lot Details
- 10,890 Sq Ft Lot
- Lot Dimensions are 25x125
- Paved or Partially Paved Lot
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Crawl Space
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 3 Bathrooms
Parking
- 4 Parking Spaces
- Parking Available
Utilities
- Baseboard Heating
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Lake Michigan Water
- TV Antenna
Community Details
- 4 Units
- 4 Flat
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
Dec 10, 2024
Closed on
Jun 4, 2025
Sold by
Bought by
Seller's Agent
Emmanuel Nevarez
Midwest SignatureProperties Co
Buyer's Agent
Angel Ontiveros
RE/MAX Mi Casa
List Price
$385,000
Sold Price
$420,000
Premium/Discount to List
$35,000
9.09%
Views
143
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
7.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 1, 2019
Closed on
Nov 18, 2019
Sold by
Bought by
Seller's Agent
Marek Wyszomirski
Infiniti Properties, Inc.
Buyer's Agent
Emmanuel Nevarez
Midwest SignatureProperties Co
List Price
$283,900
Sold Price
$275,000
Premium/Discount to List
-$8,900
-3.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$270,019
Interest Rate
3.5%
Mortgage Type
FHA
Purchase Details
Closed on
May 18, 2010
Sold by
Bought by
Purchase Details
Closed on
Jan 20, 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
$236,000
Interest Rate
7%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 1, 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
$163,800
Interest Rate
7.25%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 14, 2000
Sold by
Bought by
Purchase Details
Closed on
Dec 20, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Summit, IL
-
Israel Valadez
-
Jorge Vigil
Jorge Vigil
HomeSmart Realty Group
(877) 554-1280
60 Total Sales
2 in Summit
$95K - $310K Price Range
-
Krystyna Soprych
Krystyna Soprych
RE/MAX 10 in the Park
(708) 859-7157
208 Total Sales
1 in Summit
$176,000 Price
-
Lucy Mierop
Lucy Mierop
RE/MAX Market
(630) 866-5554
140 Total Sales
1 in Summit
$196,000 Price
-
Gina Joshi
Gina Joshi
Prestige Realty Group
(708) 668-0802
80 Total Sales
1 in Summit
$345,000 Price
-
Jorge Mariscal
Jorge Mariscal
RE/MAX Partners
(708) 859-6514
131 Total Sales
2 in Summit
$255K - $290K Price Range
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 |
|---|---|---|---|
| $420,000 | None Listed On Document | ||
| $275,000 | Old Republic Title | ||
| -- | None Available | ||
| -- | -- | ||
| $193,000 | -- | ||
| -- | -- | ||
| $115,000 | -- |
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 |
|---|---|---|---|
| Previous Owner | $336,000 | ||
| Closed | $270,019 | ||
| Closed | $236,000 | ||
| Previous Owner | $163,800 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/30/2025 06/30/25 | Sold | $420,000 | +9.1% | -- | |
| 12/16/2024 12/16/24 | Pending | -- | -- | -- | |
| 12/10/2024 12/10/24 | For Sale | $385,000 | +40.0% | -- | |
| 11/18/2019 11/18/19 | Sold | $275,000 | -3.1% | -- | View Prior Sale |
| 10/04/2019 10/04/19 | Pending | -- | -- | -- | |
| 10/01/2019 10/01/19 | For Sale | $283,900 | -- | -- |
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 | $10,862 | $31,000 | $2,784 | $28,216 |
| 2024 | $10,862 | $31,000 | $2,784 | $28,216 |
| 2023 | $8,643 | $31,000 | $2,784 | $28,216 |
| 2022 | $8,643 | $20,033 | $2,400 | $17,633 |
| 2021 | $8,411 | $20,033 | $2,400 | $17,633 |
| 2020 | $8,612 | $20,033 | $2,400 | $17,633 |
| 2019 | $6,156 | $16,820 | $2,208 | $14,612 |
| 2018 | $5,951 | $16,820 | $2,208 | $14,612 |
| 2017 | $8,467 | $22,445 | $2,208 | $20,237 |
| 2016 | $6,052 | $15,312 | $1,920 | $13,392 |
| 2015 | $5,808 | $15,312 | $1,920 | $13,392 |
| 2014 | $5,708 | $15,312 | $1,920 | $13,392 |
| 2013 | $4,946 | $14,925 | $1,920 | $13,005 |
Source: Public Records
Agents Affiliated with this Home
-
Emmanuel Nevarez
Seller's Agent in 2025
Emmanuel Nevarez
Midwest SignatureProperties Co
(708) 712-1632
158 Total Sales
-
A
Buyer's Agent in 2025
Angel Ontiveros
RE/MAX
-
Marek Wyszomirski
Seller's Agent in 2019
Marek Wyszomirski
Infiniti Properties, Inc.
(708) 359-7807
49 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12254382
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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