Seller's Agent in 2025
Karina Hiselman
Compass
(872) 303-5134
1 in this area
87 Total Sales
7224 Park Ave Summit, IL 60501
7
Beds
4
Baths
--
Sq Ft
--
Built
About This Home
As of April 20254-Unit Building in Summit, IL - A Rare Opportunity! Well-maintained, this property offers excellent rental potential with each unit featuring comfortable living spaces and a shared washer/dryer. Ac window units and central heat. Conveniently located near shops, schools, restaurants, and public transportation, it's perfect for investors or owner-occupants. Exterior parking included. Whether you're looking to renovate or maintain as-is, this property fits any investment strategy. Schedule your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,700
Lot Details
- Lot Dimensions are 25x125
Parking
- 4 Parking Spaces
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 4 Bathrooms
Schools
- Argo Community High School
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 4 Units
Listing and Financial Details
- Homeowner Tax Exemptions
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/28/2025 04/28/25 | Sold | $450,000 | 0.0% | -- |
| 02/11/2025 02/11/25 | Pending | -- | -- | -- |
| 02/10/2025 02/10/25 | Off Market | $450,000 | -- | -- |
| 02/04/2025 02/04/25 | For Sale | $399,900 | -- | -- |
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 | $9,700 | $31,000 | $2,784 | $28,216 |
| 2024 | $9,700 | $31,000 | $2,784 | $28,216 |
| 2023 | $7,167 | $31,000 | $2,784 | $28,216 |
| 2022 | $7,167 | $20,033 | $2,400 | $17,633 |
| 2021 | $4,910 | $20,033 | $2,400 | $17,633 |
| 2020 | $9,459 | $20,033 | $2,400 | $17,633 |
| 2019 | $9,459 | $24,681 | $2,208 | $22,473 |
| 2018 | $0 | $24,681 | $2,208 | $22,473 |
| 2017 | $9,459 | $24,681 | $2,208 | $22,473 |
| 2016 | $6,878 | $17,061 | $1,920 | $15,141 |
| 2015 | $6,608 | $17,061 | $1,920 | $15,141 |
| 2014 | $6,492 | $17,061 | $1,920 | $15,141 |
| 2013 | $6,352 | $18,422 | $1,920 | $16,502 |
Source: Public Records
Agents Affiliated with this Home
-
Karina Hiselman
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12283506
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