NOT LISTED FOR SALE

7318 W 60th Place Summit Argo, IL 60501

Estimated Value: $227,000 - $274,000

8 Beds
4 Baths
907 Sq Ft
$272/Sq Ft Est. Value

Sale Details

Date Sold: January 10, 2019

Last sale price $200,000 $221 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,769 / mo

149 Days on Market

Highlights

  • Deck
  • Screened Porch
  • Balcony
  • Argo Community High School Rated A-
  • Fenced Yard
  • 1 Car Attached Garage

About This Home

As of January 2019

3 rehabbed buildings on 2 lots. Total 3 rentable units. Good income, leases in place. Front unit has 4 Bdrms, 2 Baths, Bsmt. enclosed front and rear porches. Rear unit has 2 Bdrms, 1 Bath, attic & Bsmt. Coach house has; 2 Bdrms, 1 Bath, & Fam. Rm., Laundry Rm., 1 car attached Garage. All utilities paid by tenants. 2 Pins, must be sold as package deal. Seller has Re-build letters from Village. Totally legal Multi-units. No FHA/VA per seller. Conv. or cash only. No creative financing.

Last Agent to Sell the Property

Michael Kaput

First United Realtors, Inc. License #471000295 Listed on: 07/19/2018

Last Buyer's Agent

Elizabeth Mireles

Our City Homes License #471020314

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919 | Remodeled in 2012

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 126 x 50 x 126
  • Fenced Yard
  • Paved or Partially Paved Lot
  • Additional Parcels

Parking

  • 1 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Screened Porch

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Balcony
  • Deck

Schools

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

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $42,300
  • Net Operating Income $26,685

Property Details

Home Type

Multi-Family

Year Built

Built in 1919 | Remodeled in 2012

Lot Details

6,098 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1919
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2012
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2012

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Enclosed Porch, Screened Porch
  • Basement Description: Unfinished,Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space,Laundry Hook-Up,Range Hood,Cathedral Ceilings,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Laundry Hook-Up,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Laundry Hook-Up

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Porch, Porch Screened, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Block

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 16615

Schools

  • Elementary School: OTIS P GRAVES ELEMENTARY SCHOOL
  • High School: ARGO COMMUNITY HIGH SCHOOL
  • Middle/Junior School: HERITAGE MIDDLE SCHOOL
  • Elementary School #2: DR DONALD WHARTON ELEMENTARY SCHOOL

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50 X 126 X 50 X 126
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: No

Multi Family

  • Net Operating Income: 26685
  • GrossIncome: 42300
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s,2 Story Unit/s,Coach House

Tax Info

  • Tax Annual Amount: 15829.57
  • Tax Year: 2017
  • Tax Exemptions: None

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

Closed on
Jul 16, 2024
Sold by
Bought by
Current Estimated Value
$247,017

Purchase Details

Listed on
Jul 19, 2018
Closed on
Jan 10, 2019
Sold by
Bought by
Seller's Agent
Michael Kaput
First United Realtors, Inc.
Buyer's Agent
Elizabeth Mireles
Our City Homes
List Price
$239,900
Sold Price
$200,000
Premium/Discount to List
-$39,900
-16.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$200,000 Greater Illinois Title
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
01/10/2019 01/10/19 Sold $200,000 -16.6% $221 / Sq Ft
12/16/2018 12/16/18 For Sale $239,900 +20.0% $264 / Sq Ft
12/15/2018 12/15/18 Pending -- -- --
12/09/2018 12/09/18 Off Market $200,000 -- --
07/19/2018 07/19/18 For Sale $239,900 0.0% $264 / Sq Ft
12/20/2017 12/20/17 Rented $1,300 0.0% --
12/18/2017 12/18/17 Under Contract -- -- --
12/03/2017 12/03/17 For Rent $1,300 -- --
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 $5,255 $15,000 $2,179 $12,821
2024 $5,255 $15,000 $2,179 $12,821
2023 $4,966 $15,000 $2,179 $12,821
2022 $4,966 $11,510 $1,879 $9,631
2021 $4,832 $11,509 $1,878 $9,631
2020 $4,947 $11,509 $1,878 $9,631
2019 $4,527 $9,846 $1,728 $8,118
2018 $4,378 $9,846 $1,728 $8,118
2017 $4,372 $9,846 $1,728 $8,118
2016 $4,923 $10,425 $1,503 $8,922
2015 $4,772 $10,425 $1,503 $8,922
2014 $4,670 $10,425 $1,503 $8,922
2013 $3,852 $9,575 $1,503 $8,072
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Michael Kaput

    First United Realtors, Inc.

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10023867

Midwest Real Estate Data (MRED)

APN: 18-13-409-050-0000

Illinois Cook County Summit Argo 60501

7318 W 60th Place, Summit Argo, IL

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) 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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