NOT LISTED FOR SALE

7236 W 63rd Place Summit, IL 60501

3 Beds
2 Baths
-- Sq Ft
1924 Built

Last Sold December 08, 2024

Last sale price $290,000

17 Days on Market

About This Home

As of December 2024

Charming 2-Flat Building in Summit - Perfect Business Opportunity. This family-owned, two-generation gem offers a rare investment opportunity in a prime Summit location. Featuring hardwood floors throughout and separate 2-zone heating, this property is packed with potential. Ideal for investors or owners looking to add their personal touch, the building is ready for your creative ideas. While it needs some TLC, the possibilities are endless. Don't miss out on making this space a beautiful and profitable venture!

Last Agent to Sell the Property

Kathy Szram

KABS Realty INC License #471022441 Listed on: 10/10/2024

KABS Realty INC

Last Buyer's Agent

John Ocampo

john greene, Realtor License #475206400

john greene, Realtor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,223

Year Built

  • Built in 1924

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking

Lot Details

  • Lot Dimensions are 25x124

Schools

  • Argo Community High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,223

Year Built

Built in 1924

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1924
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • 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: 2
  • Total Bedrooms: 3
  • Other Equipment: Sump Pump
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Hardwood Floors

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 4
  • Parking: Space/s

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • High School: Argo Community High School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X124
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 8223
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat
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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
12/08/2024 12/08/24 Sold $290,000 -3.3% --
10/27/2024 10/27/24 Pending -- -- --
10/10/2024 10/10/24 For Sale $300,000 -- --
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 $6,657 $15,525 $2,266 $13,259
2024 $6,657 $15,525 $2,266 $13,259
2023 $8,223 $19,000 $2,266 $16,734
2022 $8,223 $19,058 $1,953 $17,105
2021 $8,002 $19,058 $1,953 $17,105
2020 $8,193 $19,058 $1,953 $17,105
2019 $6,445 $14,019 $1,796 $12,223
2018 $6,233 $14,019 $1,796 $12,223
2017 $6,224 $14,019 $1,796 $12,223
2016 $5,795 $12,271 $1,562 $10,709
2015 $5,616 $12,271 $1,562 $10,709
2014 $5,497 $12,271 $1,562 $10,709
2013 $5,658 $14,067 $1,562 $12,505
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12185326

Midwest Real Estate Data (MRED)
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