NOT LISTED FOR SALE

7233 Park Ave Summit, IL 60501

5 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft

Last Sold September 03, 2021

Last sale price $225,000

3 Days on Market

Highlights

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

About This Home

As of September 2021

Solid brick building.Great investment opportunity. Lease out both or live in one and pay your mortgage with the other or turn into a single family residence. Close to Metra, highways, restaurants. Needs some TLC ands being sold as is. Top floor is a 3/1 and bottom is a 2/1. There is a laundry room. Separate utility meters, two car detached garage, fenced in yard. 2nd floor owner occupied and moving Aug., 1st floor vacant.

Last Agent to Sell the Property

Melanie Roman

RE/MAX 1st Service License #475185365 Listed on: 07/29/2021

RE/MAX 1st Service

Last Buyer's Agent

Melanie Roman

RE/MAX 1st Service License #475185365 Listed on: 07/29/2021

RE/MAX 1st Service

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,154

Year Built

  • Built in 1962

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 27.5 x 123.6

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Walsh Elementary School
  • Otis P Graves Elementary Middle School
  • Argo Community High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,154

Year Built

Built in 1962

Lot Details

4,792 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: 1962
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • 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, Baseboard
  • Water Source: Lake Michigan, Public

Schools

  • Elementary School: Walsh Elementary School
  • High School: Argo Community High School
  • Middle/Junior School: Otis P Graves Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.11
  • Lot Dimensions: 27.5 X 123.6
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2154
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s
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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
09/03/2021 09/03/21 Sold $225,000 +7.7% --
08/02/2021 08/02/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $209,000 -- --
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 $8,999 $29,000 $3,317 $25,683
2024 $8,999 $29,000 $3,317 $25,683
2023 $9,288 $29,000 $3,317 $25,683
2022 $9,288 $21,528 $2,859 $18,669
2021 $3,473 $21,527 $2,859 $18,668
2020 $3,312 $21,527 $2,859 $18,668
2019 $3,916 $18,687 $2,630 $16,057
2018 $3,794 $18,687 $2,630 $16,057
2017 $3,722 $18,687 $2,630 $16,057
2016 $7,582 $16,053 $2,287 $13,766
2015 $5,289 $16,053 $2,287 $13,766
2014 $4,396 $16,053 $2,287 $13,766
2013 $5,257 $17,577 $2,287 $15,290
Source: Public Records

Agents Affiliated with this Home

  • Melanie Roman

    Seller's Agent in 2021

    Melanie Roman

    RE/MAX

    (773) 865-6459

    1 in this area

    94 Total Sales

    Melanie Roman
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11172464

Midwest Real Estate Data (MRED)
Illinois Cook County Summit 60501

7233 Park Ave, Summit, IL

Not Listed for Sale

MultiFamily

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.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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