$359,900
$20K PRICE DROP

7341 56th Place Summit, IL 60501

Estimated payment $2,699/month

Total Views 13,971
5 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cape Cod Architecture
  • Lower Floor Utility Room
  • Forced Air Heating System
  • Argo Community High School Rated A-
  • Workshop
  • Ceiling Fan

About This Home

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.

Listing Agent

Michael Kaput

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

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 Garage
  • 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

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
  • 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, On Site, 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

Map

Range of Values:

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Average Value
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List Price
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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
10/01/2025 10/01/25 Price Changed $359,900 -2.7% --
09/04/2025 09/04/25 For Sale $369,900 0.0% --
08/11/2025 08/11/25 Off Market $369,900 -- --
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)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12393658

Midwest Real Estate Data (MRED)