NOT LISTED FOR SALE

7222 W 62nd St Summit, IL 60501

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

Sale Details

Date Sold: November 5, 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
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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

3,485 Sq Ft Lot

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

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
Sep 9, 2024
Sold by
Zarco Rubi
Bought by

Purchase Details

Listed on
Sep 4, 2021
Closed on
Nov 5, 2021
Sold by
Beata Kimberly and Estate Of Nicholas E Haley
Bought by
Zarco Rubi
Seller's Agent
Daniel Venegas
Coldwell Banker Realty
Buyer's Agent
Joseph Rosario
eXp Realty
List Price
$299,000
Sold Price
$305,000
Premium/Discount to List
$6,000
2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,493
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 2016
Sold by
Haley Nicholas E
Bought by
Haley Nicholas E

Purchase Details

Closed on
Jun 11, 2001
Sold by
Jewell Haley Lena
Bought by
Jewell Haley Lena and Lena Jewell Haley Revocable Living Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Summit, IL

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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
-- None Listed On Document
Zarco Rubi $304,000 Independence Title
Haley Nicholas E -- Attorney
Jewell Haley Lena -- --
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 $298,493
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
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

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 $8,309 $622,049 $153,107 $468,942
2023 $8,309 $597,896 $147,162 $450,734
2022 $7,828 $586,174 $144,277 $441,897
2021 $7,695 $574,682 $141,449 $433,233
2020 $7,588 $568,790 $139,999 $428,791
2019 $7,728 $557,638 $137,254 $420,384
2018 $7,518 $546,705 $134,563 $412,142
2017 $7,402 $535,986 $131,925 $404,061
2016 $7,229 $525,478 $129,339 $396,139
2015 $7,205 $517,586 $127,397 $390,189
2014 $6,941 $507,448 $124,902 $382,546
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11209770

Midwest Real Estate Data (MRED)
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