NOT LISTED FOR SALE

7222 W 62nd St Summit, IL 60501

5 Beds
4 Baths
2,502 Sq Ft
3,485 Sq Ft Lot

Last Sold November 05, 2021

Last sale price $305,000 $122 Per Sq Ft

11 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Senior Tax Exemptions
  • Argo Community High School Rated A-

About This Home

As of November 2021

A brick multi-family building with 6 bedrooms and 4 full baths. First floor has 3 bedrooms, living room, and kitchen with a large eating area. Second floor has 2 bedrooms and 1 full bath, living room, kitchen with a large eating area. Basement has a non-conforming related living area with a kitchen, 2 full bathrooms, living room, and 1 bedroom. Backyard has a lawn and a 2.5 care garage. Schedule your private showing today and reach out if you have any questions.

Last Agent to Sell the Property

Daniel Venegas

Coldwell Banker Realty License #475175750 Listed on: 09/04/2021

Coldwell Banker Realty

Last Buyer's Agent

Joseph Rosario

eXp Realty License #475152561

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,738

Year Built

  • Built in 1961

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30x125

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Bathrooms

Finished 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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,738

Year Built

Built in 1961

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: 1961
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • 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: 0.08
  • Lot Dimensions: 30X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 3737.5
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

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
11/05/2021 11/05/21 Sold $305,000 +2.0% $122 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/04/2021 09/04/21 For Sale $299,000 -- $120 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $9,810 $26,738 $2,719 $24,019
2024 $9,810 $26,738 $2,719 $24,019
2023 $8,557 $28,000 $2,719 $25,281
2022 $8,557 $19,833 $2,344 $17,489
2021 $5,810 $19,832 $2,343 $17,489
2020 $6,125 $19,832 $2,343 $17,489
2019 $6,795 $20,954 $2,156 $18,798
2018 $6,567 $20,954 $2,156 $18,798
2017 $6,306 $20,954 $2,156 $18,798
2016 $8,587 $18,181 $1,875 $16,306
2015 $8,321 $18,181 $1,875 $16,306
2014 $8,144 $18,181 $1,875 $16,306
2013 $7,462 $18,551 $1,875 $16,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11209770

Midwest Real Estate Data (MRED)