NOT LISTED FOR SALE

7413 W 61st Place Summit Argo, IL 60501

Estimated Value: $332,000 - $363,000

5 Beds
2 Baths
1,968 Sq Ft
$179/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $346,000 $176 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,637/month

9 Days on Market

About This Home

As of June 2024

Great opportunity available in the nice neighborhood of Summit! This beautiful, well maintained brick 2 unit offers two spacious living areas. First floor has three bedrooms, one bath and a recently updated kitchen. Owner currently occupies this unit. Second floor offers two bedrooms and one bath. Full, unfinished basement is ready with laundry hookup. Current property taxes do not reflect homeowner's exemption. Property sits on a larger sized lot than some of its neighbors. Large backyard with large garage. Tandem garage has the capacity to fit 4 cars. Building is centrally located near schools, parks, local hotspots (Portillo's!), and I-55. This is a great opportunity for you! Come check it out! Showings will begin 04/12/24.

Last Agent to Sell the Property

Lizette Malagon

Duarte Realty Company License #475206261 Listed on: 04/04/2024

Last Buyer's Agent

Cirenio Jimenez

Compass License #475181963

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,444

Year Built

  • Built in 1934

Lot Details

  • 5,619

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
  • Lot Dimensions are 46x126

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,444

Year Built

Built in 1934

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1934
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 339000
  • 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

Schools

  • Middle/Junior School District: 104

Lot Info

  • Lot Dimensions: 46X126
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 8443.51
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 16, 2024
Sold by
Mijares Rudy
Bought by
Garcia Eduardo and Garcia George
Seller's Agent
Lizette Malagon
Duarte Realty Company
Buyer's Agent
Cirenio Jimenez
Compass
List Price
$339,000
Sold Price
$346,000
Premium/Discount to List
$7,000
2.06%
Views
166
Current Estimated Value
$352,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,732
Avg. Annual Appreciation
3.52%
Original Mortgage
$339,733
Interest Rate
6.13%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 6, 2021
Closed on
May 4, 2021
Sold by
Rosales Viany and Rosales Eliseo
Bought by
Mijares Rudy
Seller's Agent
John Litrenta
Redfin Corporation
Buyer's Agent
Joseph Hosch
@properties Christie's International Real Estate
List Price
$249,000
Sold Price
$247,000
Premium/Discount to List
-$2,000
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.33%
Original Mortgage
$252,681
Interest Rate
3.12%
Mortgage Type
VA

Purchase Details

Closed on
Jun 30, 2017
Sold by
Rosales Vianey and Roper Vianey
Bought by
Rosales Vianey and Rosales Eliseo
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Garcia Eduardo $346,000 None Listed On Document
Mijares Rudy $247,000 Barrister Title
Rosales Vianey -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Eduardo $339,733
Previous Owner Mijares Rudy $252,681
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $346,000 +2.1% $176 / Sq Ft
04/14/2024 04/14/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $339,000 +37.2% $172 / Sq Ft
05/04/2021 05/04/21 Sold $247,000 -0.8% $126 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $249,000 0.0% $127 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $249,000 0.0% $127 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $249,000 -- $127 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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
2024 $8,759 $25,000 $4,078 $20,922
2023 $8,444 $25,000 $4,078 $20,922
2022 $8,444 $19,572 $3,516 $16,056
2021 $6,819 $19,570 $3,515 $16,055
2020 $7,079 $19,570 $3,515 $16,055
2019 $8,493 $21,903 $3,234 $18,669
2018 $8,211 $21,903 $3,234 $18,669
2017 $8,226 $21,903 $3,234 $18,669
2016 $7,109 $17,549 $2,812 $14,737
2015 $6,832 $17,549 $2,812 $14,737
2014 $6,710 $17,549 $2,812 $14,737
2013 $6,863 $19,691 $2,812 $16,879
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12020790

Midwest Real Estate Data (MRED)

APN: 18-13-420-037-0000