Reginald Patterson
eXp Realty
(773) 830-6144
101 Total Sales
1 in Summit
$305,000 Price
7235 Park Ave Summit Argo, IL 60501
Summit Area
5
Beds
2
Baths
--
Sq Ft
4,792
Sq Ft Lot
Highlights
- 2 Car Detached Garage
- Patio
- Fire Pit
About This Home
As of January 2026Welcome to this beautifully updated 2-unit building in the desirable Summit area. Both units have been recently updated, featuring fresh finishes and functional layouts ideal for today's lifestyle. Each unit offers bright living spaces, updated kitchens, and modernized baths, making this property an excellent opportunity for owner-occupants or investors seeking reliable rental income. The property's location is unbeatable-just minutes to I-55 for easy commuting, approximately 30 minutes to Midway Airport, and less than 30 minutes to Downtown Chicago. Whether you're looking to expand your portfolio or secure a comfortable home with additional income potential, this property is ready for you.
Last Agent to Sell the Property
Exit Real Estate Partners Brokerage Phone: (630) 641-2086 License #475193964 Listed on: 12/01/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,161
Year Built
- Built in 1961 | Remodeled in 2023
Lot Details
- 4,792
Parking
- 2 Car Detached Garage
- Parking Available
- Garage Door Opener
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 2 Bathrooms
Outdoor Features
- Patio
- Fire Pit
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Window Screens
- 4,792 Sq Ft Lot
Community Details
- 2 Units
Listing and Financial Details
- Homeowner Tax Exemptions
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
Dec 1, 2025
Closed on
Jan 9, 2026
Sold by
Bought by
Seller's Agent
Darius Henry
Exit Real Estate Partners
Buyer's Agent
Jennifer Rodriguez
Kale Realty
List Price
$409,000
Sold Price
$409,000
Views
205
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,100
Outstanding Balance
$366,295
Interest Rate
6.13%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 23, 2018
Closed on
Sep 20, 2018
Sold by
Bought by
Seller's Agent
Patty Chavez
Realty of America, LLC
Buyer's Agent
Melanie McClusky
Keller Williams Preferred Rlty
List Price
$219,900
Sold Price
$224,000
Premium/Discount to List
$4,100
1.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%
Original Mortgage
$219,942
Interest Rate
4.37%
Mortgage Type
FHA
Purchase Details
Listed on
Apr 10, 2014
Closed on
Sep 30, 2014
Sold by
Bought by
Seller's Agent
Pamela Rusin
America's Best Realty, Inc.
Buyer's Agent
Michael Kaput
First United Realtors, Inc.
List Price
$87,900
Sold Price
$85,000
Premium/Discount to List
-$2,900
-3.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.64%
Purchase Details
Closed on
Oct 24, 2013
Sold by
Bought by
Purchase Details
Closed on
Nov 2, 2005
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
$52,000
Interest Rate
6.17%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 15, 1998
Sold by
Bought by
Purchase Details
Closed on
Dec 18, 1995
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Summit Argo, IL
-
Reginald Patterson
-
Jose Cortez
Jose Cortez
Responds QuicklyGolden Enterprise Realty Inc
(866) 598-2035
90 Total Sales
1 in Summit
$345,000 Price
-
George Venturella
George Venturella
Century 21 Circle
(708) 505-7886
172 Total Sales
1 in Summit
$247,500 Price
-
Sandy Ortiz-Ramirez
Sandy Ortiz-Ramirez
Realty of America, LLC
(773) 572-0782
144 Total Sales
1 in Summit
$565,000 Price
-
Michael Kozuchowski
Michael Kozuchowski
Century 21 S.G.R., Inc.
(872) 250-5498
55 Total Sales
1 in Summit
$225,000 Price
-
Araceli Montalvo
Araceli Montalvo
Extreme Realty LLC
(312) 818-3983
40 Total Sales
1 in Summit
$345,000 Price
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 |
|---|---|---|---|
| $409,000 | Ticor Title | ||
| $224,000 | First American Title | ||
| $85,000 | Ct | ||
| -- | None Available | ||
| -- | First American Title | ||
| $120,000 | -- | ||
| $113,000 | -- |
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 | $368,100 | ||
| Previous Owner | $2,072 | ||
| Closed | $219,942 | ||
| Previous Owner | $52,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 01/09/2026 01/09/26 | Sold | $409,000 | 0.0% | -- | |
| 12/02/2025 12/02/25 | Pending | -- | -- | -- | |
| 12/01/2025 12/01/25 | For Sale | $409,000 | +82.6% | -- | |
| 09/20/2018 09/20/18 | Sold | $224,000 | +2.3% | -- | View Prior Sale |
| 08/13/2018 08/13/18 | Pending | -- | -- | -- | |
| 07/21/2018 07/21/18 | Price Changed | $219,000 | -0.4% | -- | |
| 06/26/2018 06/26/18 | For Sale | $219,900 | 0.0% | -- | |
| 06/13/2018 06/13/18 | Pending | -- | -- | -- | |
| 04/23/2018 04/23/18 | For Sale | $219,900 | +158.7% | -- | |
| 10/03/2014 10/03/14 | Sold | $85,000 | -3.3% | -- | View Prior Sale |
| 09/10/2014 09/10/14 | Pending | -- | -- | -- | |
| 08/26/2014 08/26/14 | For Sale | $87,900 | 0.0% | -- | |
| 07/29/2014 07/29/14 | Pending | -- | -- | -- | |
| 07/10/2014 07/10/14 | Price Changed | $87,900 | -20.0% | -- | |
| 06/06/2014 06/06/14 | Price Changed | $109,900 | -1.8% | -- | |
| 05/06/2014 05/06/14 | Price Changed | $111,900 | -2.6% | -- | |
| 04/10/2014 04/10/14 | For Sale | $114,900 | -- | -- |
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 | $10,161 | $29,000 | $3,317 | $25,683 |
| 2024 | $10,161 | $29,000 | $3,317 | $25,683 |
| 2023 | $9,288 | $29,000 | $3,317 | $25,683 |
| 2022 | $9,288 | $21,527 | $2,859 | $18,668 |
| 2021 | $9,038 | $21,527 | $2,859 | $18,668 |
| 2020 | $9,254 | $21,527 | $2,859 | $18,668 |
| 2019 | $8,591 | $18,687 | $2,630 | $16,057 |
| 2018 | $8,308 | $18,687 | $2,630 | $16,057 |
| 2017 | $8,297 | $18,687 | $2,630 | $16,057 |
| 2016 | $7,582 | $16,053 | $2,287 | $13,766 |
| 2015 | $7,347 | $16,053 | $2,287 | $13,766 |
| 2014 | $6,040 | $16,053 | $2,287 | $13,766 |
| 2013 | $5,805 | $17,062 | $2,287 | $14,775 |
Source: Public Records
Agents Affiliated with this Home
-
Darius Henry
D
Seller's Agent in 2026
Darius Henry
Exit Real Estate Partners
(630) 644-4400
4 Total Sales
-
Jennifer Rodriguez
Buyer's Agent in 2026
Jennifer Rodriguez
Kale Realty
(773) 954-8250
25 Total Sales
-
Patty Chavez
Seller's Agent in 2018
Patty Chavez
Realty of America, LLC
(708) 833-0199
121 Total Sales
-
M
Seller Co-Listing Agent in 2018
Michael Kaput
First United Realtors, Inc.
-
Melanie McClusky
Buyer's Agent in 2018
Melanie McClusky
Keller Williams Preferred Rlty
(815) 325-5536
207 Total Sales
-
Pamela Rusin
Seller's Agent in 2014
Pamela Rusin
America's Best Realty, Inc.
(847) 507-5881
6 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12525651
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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