$245,000
SOLD JUN 2, 2026

7416 W 63rd Place Summit Argo, IL 60501

Summit Area
3 Beds
1.5 Baths
1,200 Sq Ft
1961 Built

Sale Details

Date Sold: June 2, 2026

$204 Per Sq Ft

2% Above List Price

31 Days on Market

Highlights

  • 2 Car Detached Garage
  • Living Room
  • 1-Story Property
  • Argo Community High School Rated A-
  • Laundry Room
  • Forced Air Heating System

About This Home

As of June 2026

Calling all serious investors and vision-driven homeowners, this is the kind of opportunity that does not wait. Located in the red hot Summit area, this property is your chance to step into a project with real upside, strong fundamentals, and untapped potential. With amazing bones already in place, the foundation is set for something truly special. Recent improvements include a newer roof, newer windows, a newer half bath in the basement, and a renovated full bath on the main level, giving you a head start while still leaving room to add your own vision and value. Whether you are looking to renovate, reposition, or build long-term equity, this property delivers the perfect canvas. It may require work, but for the right buyer, that is exactly where the opportunity begins. You are not just purchasing a property, you are securing the chance to create something meaningful and profitable. The property is being sold strictly as-is, and so as the garage with no survey or disclosures provided. The buyer will be responsible for all city inspections, property clean-out, and any required repairs. Taxes will be prorated at 100 percent, and all earnest money must be submitted in certified funds. All offers must include proof of funds or a pre-approval letter. All property details, including room count and lot size, are estimated and not guaranteed. Buyers are responsible for conducting their own due diligence. Opportunities like this come down to timing, vision, and decisiveness. If you recognize the value here, you already know your next move.

Last Agent to Sell the Property

Monica Poland

RE/MAX 10 Lincoln Park License #475138181 Listed on: 04/03/2026

RE/MAX 10 Lincoln Park

Last Buyer's Agent

Araceli Morales

Royal Service Realty Home Sweet Home License #475163813

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,839

Year Built

  • Built in 1961

Lot Details

  • Lot Dimensions are 25x125

Parking

  • 2 Car Detached Garage
  • Parking Available
  • Off Alley Parking
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,839

Year Built

Built in 1961

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1961
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished, Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1200
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Alley, Yes, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 25X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 1839
  • Tax Year: 2022

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

Closed on
Mar 13, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Outstanding Balance
$107,178
Interest Rate
3.2%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$145,862

Purchase Details

Closed on
Oct 12, 2021
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Summit Argo, 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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- Attorney
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 Loan Amount Loan Type
Open $322,500 Reverse Mortgage Home Equity Conversion Mortgage
Closed $322,500 Reverse Mortgage Home Equity Conversion Mortgage
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
06/02/2026 06/02/26 Sold $245,000 +2.1% $204 / Sq Ft
05/04/2026 05/04/26 Pending -- -- --
04/03/2026 04/03/26 For Sale $239,900 -- $200 / 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 -- $19,000 $2,266 $16,734
2024 -- $19,000 $2,266 $16,734
2023 -- $19,000 $2,266 $16,734
2022 $0 $9,863 $1,953 $7,910
2021 $1,839 $9,862 $1,953 $7,909
2020 $1,839 $9,862 $1,953 $7,909
2019 $4,520 $16,005 $1,796 $14,209
2018 $4,367 $16,005 $1,796 $14,209
2017 $453 $16,005 $1,796 $14,209
2016 $824 $15,130 $1,562 $13,568
2015 $6,925 $15,130 $1,562 $13,568
2014 $804 $15,130 $1,562 $13,568
2013 $739 $14,081 $1,562 $12,519
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12609827

Midwest Real Estate Data (MRED)

APN: 18-24-201-041-0000

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