NOT LISTED FOR SALE

7348 56th Place Summit, IL 60501

5 Beds
3 Baths
1,440 Sq Ft
1949 Built

Last Sold June 11, 2025

Last sale price $340,000 $236 Per Sq Ft

193 Days on Market

Highlights

  • Cape Cod Architecture
  • Enclosed Parking
  • Patio
  • Argo Community High School Rated A-
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of June 2025

(Relative seller) Multiple offers received

Last Agent to Sell the Property

Jose Clemente

Realty of America License #475199922 Listed on: 09/13/2024

Last Buyer's Agent

Gabriel Abarca

Elite Realty Network LLC License #471016729

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,072

Year Built

  • Built in 1949

Parking

  • 2 Car Detached Garage
  • Enclosed Parking
  • Alley Access
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Argo Community High Elementary And Middle School
  • Argo Community High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Patio
  • Lot Dimensions are 40 x 125

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,072

Year Built

Built in 1949

Lot Details

0 Sq Ft Lot

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: 1949
  • 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: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Garage/Space,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Range Hood

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Block
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Alley Access, Enclosed, Garage
  • ParkingTotal: 4

Utilities

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

Condo/Co-op/Association

  • Conversion YN: N

Schools

  • Elementary School: Argo Community High School
  • High School: Argo Community High School
  • Middle/Junior School: Argo Community High School

Lot Info

  • Lot Dimensions: 40 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 8072
  • Tax Year: 2022

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Other
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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 Prior Sale
06/11/2025 06/11/25 Sold $340,000 -5.6% $236 / Sq Ft
03/25/2025 03/25/25 Pending -- -- --
09/13/2024 09/13/24 For Sale $360,000 +20.0% $250 / Sq Ft
03/02/2024 03/02/24 Sold $300,000 -9.1% $208 / Sq Ft View Prior Sale
01/20/2024 01/20/24 Pending -- -- --
12/19/2023 12/19/23 For Sale $330,000 +144.4% $229 / Sq Ft
02/13/2017 02/13/17 Sold $135,000 +13.4% $94 / Sq Ft View Prior Sale
12/23/2016 12/23/16 Pending -- -- --
12/17/2016 12/17/16 For Sale $119,000 -- $83 / Sq Ft
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 $6,897 $23,000 $3,538 $19,462
2024 $6,897 $23,000 $3,538 $19,462
2023 $8,072 $23,000 $3,538 $19,462
2022 $8,072 $22,130 $3,050 $19,080
2021 $7,893 $22,129 $3,050 $19,079
2020 $8,179 $22,129 $3,050 $19,079
2019 $4,315 $12,816 $2,806 $10,010
2018 $5,698 $12,816 $2,806 $10,010
2017 $6,190 $13,942 $2,806 $11,136
2016 $5,150 $13,401 $2,440 $10,961
2015 $4,933 $13,401 $2,440 $10,961
2014 $4,852 $13,401 $2,440 $10,961
2013 $5,122 $15,364 $2,440 $12,924
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12163680

Midwest Real Estate Data (MRED)
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