NOT LISTED FOR SALE

7408 64th St Summit, IL 60501

6 Beds
4 Baths
-- Sq Ft
1940 Built

Last Sold July 10, 2023

Last sale price $340,000

31 Days on Market

Highlights

  • Porch
  • Patio
  • Wood Fence
  • Argo Community High School Rated A-
  • Ceiling Fan
  • Heating System Uses Natural Gas

About This Home

As of July 2023

A 2 Flat 3 Unit in Summit. The first floor has 2 units: 2 bedrooms 1bath, it shows very well and a 1bedroom 1bath. The tenants pay their electric. New electric heaters have been installed in 1st floor units. The entire 2nd floor is a spacious owner's suite with 3 bedrooms and 2 baths. Granite in the kitchen and master suite. The master has great southern and western sun exposure. Of course, it can always be rented for additional income. The kitchen has stainless steel appliances: stove, refrigerator, new dishwasher2020, new microwave 2020 and the All In One Washer/Dryer 2020 will stay. Additional updates includes, new roof 2022 and new parking lot 2021 at the back. New electric heaters 2020 and 2023. 2 new sumps 2023. Televisions not included they don't stay Property sold As -Is. Call Agent (Norma Doby) for appointment. 24 hour notice required to schedule for tenant availability.

Last Agent to Sell the Property

NORMA DOBY

Affluent Real Estate License #471009686 Listed on: 04/14/2023

Last Buyer's Agent

Tierra Florence

Keller Williams Preferred Realty License #475201221

Keller Williams Preferred Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,710

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 121x25
  • Wood Fence

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Parking Spaces
  • Alley Access
  • Side or Rear Entrance to Parking
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Outdoor Features

  • Patio
  • Porch

Schools

  • Argo Community High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $324
  • Fuel Expense $952
  • Trash Expense $567
  • Water Sewer Expense $501
  • Gross Income $21,600
  • Net Operating Income $2,343

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,710

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Other Equipment: Ceiling Fan(s), Sump Pump, Water Heater-Electric
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Window Air Conditioner,Garage/Space,Laundry Hook-Up

Exterior Features

  • ExteriorFeatures: Patio, Porch, Cable Access
  • Foundation Details: Concrete Perimeter
  • List Price: 347000
  • Lot Features: Wood Fence
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding

Garage/Parking

  • Parking Features: Off Alley, Alley Access, Rear/Side Entry
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Trash Expense: 567
  • Water Sewer Expenses: 501
  • Trash Expense Year: 2022

Schools

  • High School: Argo Community High School
  • Middle/Junior School District: 104

Lot Info

  • Lot Dimensions: 121X25
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 2343
  • Fuel Expense: 952
  • ElectricExpense: 324
  • GrossIncome: 21600
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat,2 Story Unit/s

Tax Info

  • Tax Annual Amount: 5710
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

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
07/10/2023 07/10/23 Sold $340,000 -2.0% --
05/16/2023 05/16/23 Pending -- -- --
04/26/2023 04/26/23 Price Changed $347,000 -5.7% --
04/14/2023 04/14/23 For Sale $367,900 +77.3% --
08/07/2020 08/07/20 Sold $207,500 -1.2% --
05/23/2020 05/23/20 Pending -- -- --
04/24/2020 04/24/20 For Sale $210,000 0.0% --
03/16/2020 03/16/20 Pending -- -- --
02/08/2020 02/08/20 For Sale $210,000 +100.0% --
01/16/2015 01/16/15 Sold $105,000 -27.5% --
12/05/2014 12/05/14 Pending -- -- --
10/08/2014 10/08/14 For Sale $144,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11759730

Midwest Real Estate Data (MRED)