$340,000
SOLD JUN 11, 2025

7348 56th Place Summit, IL 60501

5 Beds
3 Baths
1,440 Sq Ft
1949 Built

Recently Sold

$236 Per Sq Ft

6% Below List Price

193 Days on Market

Highlights

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

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 Garage
  • Enclosed Parking
  • Alley Access

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

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
  • 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
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 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
  • List Price: 360000
  • 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
  • Middle/Junior School District: 217

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

Range of Values:

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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 Change Sq Ft Price
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
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
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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jose Clemente

    Realty of America

    (773) 355-8602

    1 in this area

    3 Total Sales

    Jose Clemente
    Section Image

  • G

    Buyer's Agent in 2025

    Gabriel Abarca

    Elite Realty Network LLC

    (773) 406-8552

    1 in this area

    62 Total Sales

    Gabriel Abarca
    Section Image
  • Arturo Gutierrez

    Seller's Agent in 2024

    Arturo Gutierrez

    RE/MAX

    (708) 857-1500

    1 in this area

    16 Total Sales

    Arturo Gutierrez
    Section Image

  • A

    Seller's Agent in 2017

    Ashley Lebovic

    All Realty Group, Inc

    (847) 757-8888

    1 in this area

    46 Total Sales

    Ashley Lebovic
    Section Image
  • Lionel Gutierrez

    Buyer's Agent in 2017

    Lionel Gutierrez

    Berkshire Hathaway HomeServices Starck Real Estate

    (312) 735-9884

    54 Total Sales

    Lionel Gutierrez
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12163680

Midwest Real Estate Data (MRED)
Illinois Cook County Summit 60501

7348 56th Place, Summit, IL

This home is located at 7348 56th Place, Summit, IL 60501 and is currently priced at $340,000, approximately $236 per square foot. This property was built in 1949. 7348 56th Place is a home located in Cook County with nearby schools including Walsh Elementary School, Dr Donald Wharton Elementary School, and W.W. Walker Elementary School.

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