NOT LISTED FOR SALE

7322 W 60th Place Summit, IL 60501

6 Beds
3 Baths
-- Sq Ft
0.25 Acres Lot

Sale Details

Date Sold: August 29, 2023

Last sale price $370,000

2 Days on Market

Highlights

  • 0.25 Acre Lot
  • Tudor Architecture
  • Baseboard Heating
  • Argo Community High School Rated A-
  • Soaking Tub

About This Home

As of August 2023

Fantastic investment opportunity - a completely remodeled 2-flat property with 6 bedrooms and 3 baths. This property boasts brand new electric wiring, plumbing, roof, and windows, ensuring a hassle-free living experience. hardwood floors in both spacious units, you have the potential to live rent-free as the tenants cover the mortgage. Basement offers the possibility of creating three in-law units, adding to the property's income potential. Whether you're looking to expand your real estate portfolio or seeking a lucrative investment, this property offers great potential.

Last Agent to Sell the Property

bernard panek

NowEquity Real Estate License #475186478 Listed on: 07/14/2023

NowEquity Real Estate

Last Buyer's Agent

Monica Villarreal

Baird & Warner License #475158497

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,601

Year Built

  • Built in 1950 | Remodeled in 2023

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 30x 150

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms
  • Soaking Tub

Finished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 5 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Schools

  • Argo Community High School

Utilities

  • Baseboard Heating
  • Radiant Heating System
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,601

Year Built

Built in 1950 | Remodeled in 2023

Lot Details

0.25 Acres

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tudor
  • New Construction: No
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Finished
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 5
  • Number of Cars: 5
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard, Radiant
  • Water Source: Lake Michigan

Schools

  • High School: Argo Community High School

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 30X 150
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4601.47
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
08/29/2023 08/29/23 Sold $370,000 +6.0% --
07/17/2023 07/17/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $349,000 -- --
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 $9,109 $26,000 $2,991 $23,009
2024 $9,109 $26,000 $2,991 $23,009
2023 $8,597 $26,000 $2,991 $23,009
2022 $8,597 $19,926 $2,578 $17,348
2021 $8,366 $19,926 $2,578 $17,348
2020 $8,566 $19,926 $2,578 $17,348
2019 $7,136 $15,523 $2,371 $13,152
2018 $6,902 $15,523 $2,371 $13,152
2017 $6,892 $15,523 $2,371 $13,152
2016 $6,234 $13,200 $2,062 $11,138
2015 $7,349 $16,057 $2,062 $13,995
2014 $6,042 $16,057 $2,062 $13,995
2013 $5,088 $15,278 $2,062 $13,216
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11831988

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.