Israel Valadez
Realty of America, LLC
(855) 536-1959
44 Total Sales
1 in Summit
$242,000 Price
7345 Archer Ave Summit, IL 60501
Summit Area
8
Beds
3
Baths
--
Sq Ft
3,485
Sq Ft Lot
Highlights
- 2 Car Detached Garage
- Forced Air Heating System
- Ceiling Fan
- Argo Community High School Rated A-
About This Home
As of June 2018Solid brick legal 3-flat with 2-car brick garage. Property in excellent condition. Large apartments and bedrooms with hardwood floors. Spacious, modern kitchens with huge dinettes. New windows in November 2017 (except living rooms). New roof in October 2017. Enclosed porches, additional storage in shed. Garden level with coin-op laundry. Circuit breakers, 3 central air conditioners, 3 hot water heaters and separate water meters, coin-op washer and dryer. Tenant pays all utilities. Huge monthly income and easy to rent; Lots of upside rent potential - similar 3-bedroom units nearby rent for $1100 - $1200. Expenses: Scavenger: $73/mo Insurance: $78/mo Taxes: $461/mo Serious buyers only. SOLD AS-IS.
Last Agent to Sell the Property
R. C. Wessel & Associates, Ltd License #471002351 Listed on: 11/06/2017
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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,536
Year Built
- Built in 1955
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 30 x 125
Parking
- 2 Car Detached Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Finished Basement
- Basement Fills Entire Space Under The House
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 3 Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Individual Controls for Heating
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- 3 Units
Building Details
- Gross Income $30,720
- Net Operating Income $27,860
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Summit, IL
-
Israel Valadez
-
Jorge Vigil
Jorge Vigil
HomeSmart Realty Group
(877) 554-1280
59 Total Sales
2 in Summit
$95K - $310K Price Range
-
Krystyna Soprych
Krystyna Soprych
RE/MAX 10 in the Park
(708) 859-7157
204 Total Sales
1 in Summit
$176,000 Price
-
Lucy Mierop
Lucy Mierop
RE/MAX Market
(630) 866-5554
139 Total Sales
1 in Summit
$196,000 Price
-
Gina Joshi
Gina Joshi
Prestige Realty Group
(708) 668-0802
81 Total Sales
1 in Summit
$345,000 Price
-
Jorge Mariscal
Jorge Mariscal
RE/MAX Partners
(708) 859-6514
122 Total Sales
2 in Summit
$255K - $290K Price Range
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $370,000 | None Listed On Document | ||
| Santiago Herbert | $315,000 | Old Republic Title | |
| Kordes Mieczslaw | $336,000 | Stewart Title Of Illinois | |
| Diaz Gregorio | $31,000 | Lawyers Title Insurance Corp | |
| Kennedy Gerald | $110,000 | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $309,294 | ||
| Closed | Kordes Mieczslaw | $268,800 |
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 |
|---|---|---|---|---|
| 06/15/2018 06/15/18 | Sold | $315,000 | 0.0% | -- |
| 06/06/2018 06/06/18 | Off Market | $315,000 | -- | -- |
| 05/10/2018 05/10/18 | Pending | -- | -- | -- |
| 11/06/2017 11/06/17 | For Sale | $319,900 | -- | -- |
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 | $11,212 | $32,000 | $2,675 | $29,325 |
| 2024 | $11,212 | $32,000 | $2,675 | $29,325 |
| 2023 | $8,509 | $32,000 | $2,675 | $29,325 |
| 2022 | $8,509 | $19,721 | $2,306 | $17,415 |
| 2021 | $8,280 | $19,721 | $2,306 | $17,415 |
| 2020 | $8,478 | $19,721 | $2,306 | $17,415 |
| 2019 | $8,251 | $17,947 | $2,121 | $15,826 |
| 2018 | $6,452 | $17,947 | $2,121 | $15,826 |
| 2017 | $6,470 | $17,947 | $2,121 | $15,826 |
| 2016 | $5,536 | $14,219 | $1,845 | $12,374 |
| 2015 | $6,042 | $15,823 | $1,845 | $13,978 |
| 2014 | $5,115 | $15,823 | $1,845 | $13,978 |
| 2013 | $5,630 | $16,625 | $1,845 | $14,780 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Wessel
Seller's Agent in 2018
Robert Wessel
R. C. Wessel & Associates, Ltd
(630) 258-2230
8 Total Sales
-
Amy Kite
Buyer's Agent in 2018
Amy Kite
Keller Williams Infinity
(224) 337-2788
835 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 09794658
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Nearby Homes
- 5441 S 74th Ave
- 5436 S 73rd Ct
- 5445 S 73rd Ave
- 5441 S Hunt Ave
- 5404 S 72nd Ct
- 7439 W 56th St
- 5347 S 73rd Ave
- 5317 S Hunt Ave
- 5320 S 73rd Ave
- 5352 S Neva Ave
- 7424 W 57th Place
- 7408 W 58th St
- 5615 S Nordica Ave
- 5533 S Sayre Ave
- 5601 S Sayre Ave
- 5724 S Sayre Ave
- 5304 S New England Ave
- 7226 W 60th Place
- 5814 S New England Ave
- 5643 S Newcastle Ave
- 7341 Archer Ave Unit GARDEN
- 7341 Archer Ave Unit 3
- 7341 Archer Ave Unit 1
- 7341 Archer Ave
- 7341 W Archer Ave Unit 3
- 7341 W Archer Ave
- 7345 W Archer Ave
- 7349 Archer Ave
- 7349 W Archer Ave
- 7311 W Archer Ave
- 7328 W 55th Place
- 7336 W 55th Place
- 7320 W 55th Place
- 7306 Archer Ave
- 7340 W 55th Place
- 7355 W Archer Ave
- 7305 W Archer Ave
- 7316 W 55th Place
- 7344 W 55th Place
- 7318 W Archer Ave Unit 1
Your Personal Tour Guide
Ask me questions while you tour the home.