NOT LISTED FOR SALE

7404 W 59th St Summit, IL 60501

Summit Area
5 Beds
2 Baths
-- Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: April 18, 2018

Last sale price $197,000

9 Days on Market

About This Home

As of April 2018

This property is being sold AS-IS! Featuring 5 bedrooms, 2 bathrooms and a detached garage.This property has great bones and is priced to sell! There is endless opportunity and this property won't last.

Last Agent to Sell the Property

James Athanaspoulos

Kairos Brokerage LLC License #471010619 Listed on: 02/21/2018

Last Buyer's Agent

Tony Inacay

RE/MAX City License #471008272

RE/MAX City
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,280

Year Built

  • Built in 1988

Lot Details

  • 3,485

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • 3,485 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,280

Year Built

Built in 1988

Lot Details

3,485 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1988
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.08
  • Lot Dimensions: 3720
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 7280.19
  • Tax Year: 2016

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2018
Closed on
Apr 16, 2018
Sold by
Jva Il Llc
Bought by
Seller's Agent
James Athanaspoulos
Kairos Brokerage LLC
Buyer's Agent
Tony Inacay
RE/MAX City
List Price
$199,000
Sold Price
$197,000
Premium/Discount to List
-$2,000
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,431
Outstanding Balance
$167,313
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 2017
Sold by
Madonia Michael
Bought by
Jva Il Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Summit, IL

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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
$197,000 Greater Illinois Title
Jva Il Llc $130,000 None Available
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
Open $193,431
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
04/18/2018 04/18/18 Sold $197,000 -1.0% --
03/02/2018 03/02/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $199,000 -- --
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 $9,350 $30,000 $2,697 $27,303
2024 $9,350 $30,000 $2,697 $27,303
2023 $7,813 $30,000 $2,697 $27,303
2022 $7,813 $21,530 $2,325 $19,205
2021 $7,641 $21,530 $2,325 $19,205
2020 $7,922 $21,530 $2,325 $19,205
2019 $8,840 $19,229 $2,139 $17,090
2018 $8,549 $19,229 $2,139 $17,090
2017 $7,039 $19,229 $2,139 $17,090
2016 $7,280 $17,912 $1,860 $16,052
2015 $6,998 $17,912 $1,860 $16,052
2014 $6,873 $17,912 $1,860 $16,052
2013 $6,451 $18,667 $1,860 $16,807
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09863229

Midwest Real Estate Data (MRED)
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