P
Seller's Agent in 2023
Patricia Gamboa
First Rate Properties
7234 Park Ave Summit, IL 60501
Summit Area
7
Beds
4
Baths
--
Sq Ft
1963
Built
About This Home
As of October 2023Great Investment opportunity. All four Apartments are remodeled and in great condition. 3 are two bedrooms and 1 is a one bedroom. Each apartment has a parking space at the rear of the building. Each unit was remodeled approximately 3 years ago. Improvements include new kitchen cabinets with granite countertops, new hardwood floors, remodeled bathrooms, newer appliances. Additionally, the radiator boiler was professionally installed 3 to 4 years ago. You need to see it in person to appreciate the true condition of each remodeled unit.
Last Agent to Sell the Property
Patricia Gamboa
First Rate Properties License #471019999 Listed on: 08/24/2023
Last Buyer's Agent
Angel Ontiveros
RE/MAX Mi Casa License #475192434
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,007
Year Built
- Built in 1963 | Remodeled in 2021
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 4 Bathrooms
Parking
- 4 Parking Spaces
- Uncovered Parking
- Parking Space is Owned
Lot Details
- Lot Dimensions are 25x125
Schools
- Argo Community High School
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- 4 Units
Building Details
- Electric Expense $30
- Fuel Expense $178
- Insurance Expense $155
- Trash Expense $47
- Water Sewer Expense $133
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
Aug 24, 2023
Closed on
Oct 16, 2023
Sold by
Bought by
Seller's Agent
Patricia Gamboa
First Rate Properties
Buyer's Agent
Angel Ontiveros
RE/MAX Mi Casa
List Price
$359,900
Sold Price
$370,000
Premium/Discount to List
$10,100
2.81%
Views
7
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,827
Interest Rate
0.0725%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 30, 2020
Sold by
Bought by
Purchase Details
Closed on
Jul 1, 2014
Sold by
Bought by
Purchase Details
Closed on
Mar 31, 2008
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
$234,000
Interest Rate
0.061%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 25, 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
$146,000
Interest Rate
0.0695%
Mortgage Type
Commercial
Purchase Details
Closed on
May 10, 2002
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
$140,700
Interest Rate
0.0707%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 28, 1994
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 | ||
| -- | None Available | ||
| $58,500 | None Available | ||
| $260,000 | Pntn | ||
| $315,000 | Multiple | ||
| -- | Brokers Title Insurance Co | ||
| $148,000 | -- |
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 |
|---|---|---|---|
| Open | $338,827 | ||
| Closed | $234,000 | ||
| Closed | $146,000 | ||
| Previous Owner | $140,700 |
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 |
|---|---|---|---|---|
| 10/16/2023 10/16/23 | Sold | $370,000 | +2.8% | -- |
| 08/28/2023 08/28/23 | Pending | -- | -- | -- |
| 08/24/2023 08/24/23 | For Sale | $359,900 | -- | -- |
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 | $11,212 | $32,000 | $3,629 | $28,371 |
| 2024 | $11,212 | $32,000 | $3,629 | $28,371 |
| 2023 | $8,637 | $32,000 | $3,629 | $28,371 |
| 2022 | $8,637 | $20,021 | $3,129 | $16,892 |
| 2021 | $7,007 | $20,019 | $3,128 | $16,891 |
| 2020 | $7,272 | $20,019 | $3,128 | $16,891 |
| 2019 | $9,773 | $24,687 | $2,878 | $21,809 |
| 2018 | $9,449 | $24,687 | $2,878 | $21,809 |
| 2017 | $9,462 | $24,687 | $2,878 | $21,809 |
| 2016 | $6,466 | $16,189 | $2,503 | $13,686 |
| 2015 | $6,650 | $17,153 | $2,503 | $14,650 |
| 2014 | $7,683 | $17,153 | $2,503 | $14,650 |
| 2013 | $7,435 | $18,484 | $2,503 | $15,981 |
Source: Public Records
Agents Affiliated with this Home
-
-
A
Buyer's Agent in 2023
Angel Ontiveros
RE/MAX
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11867455
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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