NOT LISTED FOR SALE

7326 W 58th Place Summit, IL 60501

5 Beds
3 Baths
-- Sq Ft
8,712 Sq Ft

Last Sold December 15, 2022

Last sale price $322,500

88 Days on Market

Highlights

  • 0.2 Acre Lot
  • Fenced Yard
  • Patio
  • Argo Community High School Rated A-
  • 2 Car Detached Garage
  • Baseboard Heating

About This Home

As of December 2022

Solid brick two flat property with in-law arrangement situated on quiet residential block. 1st floor unit features 3 beds and 1 bath, 2nd floor has 2 beds 1 bath. Both apartments have hardwood floors, amazing closet space and storage. Full laundry room in basement with additional rooms, full bath and kitchen that could be duplexed with 1st floor. Property has front and rear stairwells, side entrance, plus great fenced in yard with pergola, garden and detached garage. Tons of potential for investment property or live-in with rental income. Property sold as is.

Last Agent to Sell the Property

Joanna Kappele

Adore Your Home Realty License #471019335 Listed on: 08/28/2022

Last Buyer's Agent

Joanna Kappele

Adore Your Home Realty License #471019335 Listed on: 08/28/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,134

Year Built

  • Built in 1954

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 35 x 125
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Gas Water Heater

Additional Features

  • Basement Fills Entire Space Under The House
  • Patio

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,134

Year Built

Built in 1954

Lot Details

8,712 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1954
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Other Equipment: Water Heater-Gas
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Garage/Space,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Steam, Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Acres: 0.2
  • Lot Dimensions: 35 X 125
  • 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: 2133.63
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior Freeze

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
12/15/2022 12/15/22 Sold $322,500 -4.9% --
11/25/2022 11/25/22 Pending -- -- --
09/30/2022 09/30/22 Price Changed $339,000 -2.9% --
09/14/2022 09/14/22 For Sale $349,000 0.0% --
09/04/2022 09/04/22 Pending -- -- --
08/28/2022 08/28/22 For Sale $349,000 -- --
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 $8,648 $28,001 $3,147 $24,854
2024 $8,648 $28,001 $3,147 $24,854
2023 $6,274 $28,001 $3,147 $24,854
2022 $6,274 $20,700 $2,713 $17,987
2021 $2,237 $20,699 $2,712 $17,987
2020 $2,134 $20,699 $2,712 $17,987
2019 $2,522 $17,049 $2,495 $14,554
2018 $2,444 $17,049 $2,495 $14,554
2017 $4,872 $17,049 $2,495 $14,554
2016 $7,245 $15,341 $2,170 $13,171
2015 $3,773 $15,341 $2,170 $13,171
2014 $3,616 $15,341 $2,170 $13,171
2013 $7,084 $17,610 $2,170 $15,440
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11615773

Midwest Real Estate Data (MRED)
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