NOT LISTED FOR SALE

7243 W 61st St Summit, IL 60501

5 Beds
3 Baths
-- Sq Ft
1963 Built

Last Sold December 05, 2024

Last sale price $291,500

6 Days on Market

Highlights

  • Cape Cod Architecture
  • Property is near a park
  • Fenced Yard
  • Argo Community High School Rated A-
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of December 2024

This two-unit property on a corner lot right across from Legion Park offers great potential. The 1st-floor unit features 3 bedrooms, 1 bath, a living room, and a separate dining room. The 2nd-floor unit has 2 bedrooms, 1 bath, a living room, and a dining room. Recent updates include a new furnace (2024), water heaters (2019 & 2020), and some newer windows. The 1st floor has central air, and A/C can easily be added to the 2nd floor. Located two minutes from Heritage Middle School, Argo Community High School, and five minutes from I-55, Aldi, and Walgreens. Moderate condition-ideal for investors or homeowners.

Last Agent to Sell the Property

Eduardo Garcia

Realty of America, LLC License #471009113 Listed on: 09/26/2024

Realty of America, LLC

Co-Listed By

Nelly Cruz

Realty of America, LLC License #475198367

Last Buyer's Agent

Xochil Wendy Escobar

Realty of America, LLC License #475204870

Realty of America, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,170

Year Built

  • Built in 1963

Lot Details

  • Lot Dimensions are 40x125
  • Fenced Yard
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Storm Screens

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

  • Walsh Elementary School
  • Heritage Middle School
  • Argo Community High School

Utilities

  • Forced Air Heating System
  • Lake Michigan Water
  • Multiple Water Heaters

Additional Features

  • Patio
  • Property is near a park

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,170

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Year Built: 1963
  • Age: 61-70 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
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Other Equipment: Ceiling Fan(s), Sump Pump, Multiple Water Heaters
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Central Air Conditioner
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Lot Features: Corner Lot, Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: Walsh Elementary School
  • High School: Argo Community High School
  • Middle/Junior School: Heritage Middle School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 40X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9170.02
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
12/05/2024 12/05/24 Sold $291,500 +12.1% --
10/02/2024 10/02/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $259,999 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12174040

Midwest Real Estate Data (MRED)