NOT LISTED FOR SALE

7348 56th Place Summit, IL 60501

5 Beds
3 Baths
1,440 Sq Ft
1949 Built

Sale Details

Date 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

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 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

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 $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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