NOT LISTED FOR SALE

7435 W 58th Place Summit Argo, IL 60501

4 Beds
2 Baths
1,792 Sq Ft
3,485 Sq Ft Lot

Last Sold July 26, 2019

Last sale price $198,000 $110 Per Sq Ft

47 Days on Market

Highlights

  • 2 Car Detached Garage
  • Argo Community High School Rated A-
  • Forced Air Heating System

About This Home

As of July 2019

Spacious duplex in Summit!! Wonderful investment opportunity. Fenced in yard, as builiding completely fenced in. Main level unit currently rented at $1,122/mo (through May '19) Upper level unit was rented at $1,050 per month. Left vacant recently for touch up work. Some major components have been updated. The roof on the house and garage were new in 2014. Each floor has a newer forced air furnace, installed in 2011. Permaseal basement backup systems with lifetime warranty. Oak hardwood floors in both units. Lower unit has a bonus room, Full basement and full attic. 2 car detached garage with electric opener. Each unit has a hot water tank. The village water meter was recently replaced. Each floor has its own electrical panel and circuit breakers. And each unit has a stove, refrigerator, and ceiling fans. Instant income!!

Last Agent to Sell the Property

George Ayling

Select a Fee RE System License #471002936 Listed on: 04/11/2019

Co-Listed By

Darrett Brown

Select a Fee RE System License #475143693

Last Buyer's Agent

Frank Ristucci

RE/MAX Ultimate Professionals License #475162855

RE/MAX Ultimate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,571

Year Built

  • Built in 1918

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30x125

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,571

Year Built

Built in 1918

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: 1918
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • 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: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 30X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 6571.06
  • Tax Year: 2017
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s
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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 List to Sale Price per Sq Ft
07/26/2019 07/26/19 Sold $198,000 -3.4% $110 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $205,000 -- $114 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $6,897 $23,000 $2,697 $20,303
2024 $6,897 $23,000 $2,697 $20,303
2023 $7,818 $23,000 $2,697 $20,303
2022 $7,818 $18,121 $2,325 $15,796
2021 $6,210 $18,120 $2,325 $15,795
2020 $6,456 $18,120 $2,325 $15,795
2019 $6,296 $13,695 $2,139 $11,556
2018 $6,089 $13,695 $2,139 $11,556
2017 $6,571 $14,800 $2,139 $12,661
2016 $6,092 $12,899 $1,860 $11,039
2015 $6,396 $13,974 $1,860 $12,114
2014 $7,150 $15,962 $1,860 $14,102
2013 $5,230 $14,368 $1,860 $12,508
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10340856

Midwest Real Estate Data (MRED)

APN: 18-13-228-005

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