NOT LISTED FOR SALE

7327 W 57th St Summit Argo, IL 60501

Estimated Value: $286,000 - $365,000

5 Beds
2 Baths
1,159 Sq Ft
$285/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $269,000 $232 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,449/month

35 Days on Market

About This Home

As of October 2020

LOCATION LOCATION THE BAST 2 FLAT IN SUMMIT IN PRIME LOCATION IN ONE BLOCK W OF HARLEM OWN THIS ALL BRIK 2 UNIT LET YOUR TENET PAY THE MORTGAGE THIS OWNERS UNIT HAS 3 BEDROOM THIS IS Nicely done legally conforming 2 flat. freshly renovated with 3 beds and 1 bath. Lower level is 2 beds and 1 bath. 2 car garage around back with ally access. Perfect for an investor or move in to one unit and rent out the basement. Current tenants are willing to stay. Great income potential. Open floor plans and close to highways, schools and shops. Come see this one today! GREAT TENET PAY 900 MONTH AND ALL UTILITIES

Last Agent to Sell the Property

Lydia Memeti

REMAX Legends License #475137300 Listed on: 07/10/2020

REMAX Legends

Co-Listed By

Samedin Memeti

REMAX Legends License #475133712

Last Buyer's Agent

Ericka Taylor

Coldwell Banker Realty License #475186039

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,248

Year Built

  • Built in 1957 | Remodeled in 2018

Lot Details

  • Lot Dimensions are 50x125

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,248

Year Built

Built in 1957 | Remodeled in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1957
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner

Exterior Features

  • List Price: 269900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Schools

  • Middle/Junior School District: 229

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 6248
  • Tax Year: 2018
  • Tax Exemptions: None

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Oct 15, 2020
Sold by
Kolimja Arben M and Kolimja Koralda
Bought by
Green Phyllis
Seller's Agent
Lydia Memeti
REMAX Legends
Buyer's Agent
Ericka Taylor
Coldwell Banker Realty
List Price
$269,900
Sold Price
$269,000
Premium/Discount to List
-$900
-0.33%
Current Estimated Value
$326,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,366
Avg. Annual Appreciation
3.71%
Original Mortgage
$260,022
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 2003
Sold by
Memisovski Naser and Memisovski Diturue
Bought by
Memisovski Nurdein

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2002
Sold by
Memisovski Naser and Memisovski Diturije
Bought by
Memisovski Naser and Memisovski Diturije

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,900
Interest Rate
7.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Green Phyllis $269,000 Lakeland Title Services
Memisovski Nurdein -- Rtc
Memisovski Naser -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Green Phyllis $260,022
Previous Owner Kolimja Arben H $138,700
Previous Owner Kolimja Arben H $188,500
Previous Owner Memisovski Nurdein $105,000
Previous Owner Memisovski Naser $94,900
Previous Owner Memisovski Naser $74,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $269,000 -0.3% $232 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $269,900 0.0% $233 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/10/2020 07/10/20 Price Changed $269,900 +286.1% $233 / Sq Ft
07/10/2020 07/10/20 For Sale $69,900 -- $60 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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
2024 $7,948 $26,000 $2,967 $23,033
2023 $5,389 $26,000 $2,967 $23,033
2022 $5,389 $15,912 $2,558 $13,354
2021 $6,681 $15,911 $2,557 $13,354
2020 $5,506 $15,911 $2,557 $13,354
2019 $6,443 $17,443 $2,352 $15,091
2018 $6,228 $17,443 $2,352 $15,091
2017 $6,246 $17,443 $2,352 $15,091
2016 $5,981 $15,161 $2,046 $13,115
2015 $5,739 $15,161 $2,046 $13,115
2014 $5,641 $15,161 $2,046 $13,115
2013 $5,303 $15,813 $2,046 $13,767
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10776708

Midwest Real Estate Data (MRED)

APN: 18-13-217-033-0000