$345,000
SOLD DEC 9, 2025

7341 56th Place Summit, IL 60501

5 Beds
2 Baths
-- Sq Ft
1952 Built

Recently Sold

7% Below List Price

125 Days on Market

Highlights

  • Cape Cod Architecture
  • Lower Floor Utility Room
  • 2 Car Detached Garage
  • Argo Community High School Rated A-
  • Workshop
  • Forced Air Heating System

About This Home

As of December 2025

Well kept Brick Cape Cod with 2nd Floor unit with seperate entrance. 1st floor has 3 Bdrms, 1 bath, kitchen, living room and dinning area. 3rd bedroom currently has washer and dryer. W & D could be re-installed in basement for full use of 3rd bedroom. Bath floor needs work. All plaster walls and oak floors under carpet. 2nd floor has 1 bedroom, bath, liv. room and kitchen and large storage room. Basement has one finished room, laundry room, furnace and workshop area. newer Lenox furnace and A/C. and Hot water tank. 2 1/2 car brick garage. plenty of yard space. Central Summit location. This is an Estate sale and must be sold "AS-IS". Conventional or Cash. only. Buyer to escrow funds with village for compliance work prior to closing. Village inspection in additional info. Furniture available if buyer wants to purchase.

Last Agent to Sell the Property

Michael Kaput

First United Realtors, Inc. License #471000295 Listed on: 06/14/2025

Last Buyer's Agent

Patricia Cardenas

35th Street Realty Inc License #475175186

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,471

Year Built

  • Built in 1952

Lot Details

  • Lot Dimensions are 39.9 x 122.7 x 39.9 x 122.7
  • Fenced
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Window Screens
  • Workshop
  • Lower Floor Utility Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 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
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,471

Year Built

Built in 1952

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: 1952
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Other Equipment: Ceiling Fan(s), Sump Pump, Water Heater-Gas
  • Room Type: Utility Room-Lower Level, Workshop
  • Window Features: Screens
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Range Hood,Hardwood Floors,Cooktop,Oven/Built-in
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Walk-In Closet

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Garage, Yes, Garage Owned, Detached
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

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: 39.9 X 122.7 X 39.9 X 122.7
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9471.45
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • 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

Date Event Price List to Sale Price per Sq Ft
12/09/2025 12/09/25 Sold $345,000 -4.1% --
10/17/2025 10/17/25 Pending -- -- --
10/01/2025 10/01/25 Price Changed $359,900 -2.7% --
09/04/2025 09/04/25 For Sale $369,900 +7.2% --
08/11/2025 08/11/25 Off Market $345,000 -- --
08/10/2025 08/10/25 Price Changed $369,900 -2.6% --
07/25/2025 07/25/25 For Sale $379,900 0.0% --
07/12/2025 07/12/25 Pending -- -- --
06/14/2025 06/14/25 For Sale $379,900 -- --
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 $9,471 $33,000 $3,567 $29,433
2024 $9,471 $33,000 $3,567 $29,433
2023 $1,053 $33,000 $3,567 $29,433
2022 $1,053 $21,575 $3,075 $18,500
2021 $998 $21,575 $3,075 $18,500
2020 $951 $21,575 $3,075 $18,500
2019 $1,125 $18,134 $2,829 $15,305
2018 $1,090 $18,134 $2,829 $15,305
2017 $1,069 $18,134 $2,829 $15,305
2016 $2,213 $15,650 $2,460 $13,190
2015 $2,253 $15,650 $2,460 $13,190
2014 $2,159 $15,650 $2,460 $13,190
2013 $1,985 $17,661 $2,460 $15,201
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12393658

Midwest Real Estate Data (MRED)