$387,000
SOLD MAR 10, 2025

7439 W 64th St Summit, IL 60501

6 Beds
3 Baths
-- Sq Ft
1957 Built

Recently Sold

6% Below List Price

11 Days on Market

About This Home

As of March 2025

Welcome to an incredible investment opportunity that combines the perfect blend of spacious living, rental income and prime location! This updated and well maintained two flat was completely rehabbed in 2022 and features THREE spacious apartments. The 1st and 2nd floor unit features a combined living room/dining room, two generous sized bedrooms and plenty of storage throughout. The basement is a cozy living with a 2 bedroom. Parking pad in the back fits up to three cars with plenty of space to enjoy the backyard in the summer. An excellent choice for owner occupants looking for great space or investors looking for the ideal rental opportunity to generate great passive income. Although in great condition, it's being SOLD AS IS, with great potential for excellent cash flow. Seller is willing to give credit.

Last Agent to Sell the Property

Melchor Domantay

Second City Real Estate License #475187492 Listed on: 01/23/2025

Last Buyer's Agent

Michael Savegnago

Legacy Properties, A Sarah Leonard Company License #475207603

Legacy Properties, A Sarah Leonard Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,161

Year Built

  • Built in 1957 | Remodeled in 2022

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Assigned Parking

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,161

Year Built

Built in 1957 | Remodeled in 2022

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1957
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, On Site
  • ParkingTotal: 2

Utilities

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

Lot Info

  • Lot Dimensions: LESS THAN .25 ACRE
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 10160.52
  • Tax Year: 2023

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat,3 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 Prior Sale
03/10/2025 03/10/25 Sold $387,000 -5.6% --
02/03/2025 02/03/25 Pending -- -- --
01/23/2025 01/23/25 For Sale $410,000 +41.4% --
02/10/2023 02/10/23 Sold $290,000 0.0% -- View Prior Sale
01/31/2023 01/31/23 Off Market $290,000 -- --
01/11/2023 01/11/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $290,000 0.0% --
01/04/2023 01/04/23 Pending -- -- --
11/28/2022 11/28/22 For Sale $290,000 0.0% --
09/26/2022 09/26/22 Pending -- -- --
08/20/2022 08/20/22 For Sale $290,000 -- --
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 $10,161 $29,001 $2,248 $26,753
2024 $10,161 $29,001 $2,248 $26,753
2023 $8,176 $29,001 $2,248 $26,753
2022 $8,176 $18,952 $1,938 $17,014
2021 $7,956 $18,950 $1,937 $17,013
2020 $8,146 $18,950 $1,937 $17,013
2019 $7,800 $16,966 $1,782 $15,184
2018 $9,819 $22,085 $1,782 $20,303
2017 $9,805 $22,085 $1,782 $20,303
2016 $7,557 $16,000 $1,550 $14,450
2015 $7,323 $16,000 $1,550 $14,450
2014 $7,167 $16,000 $1,550 $14,450
2013 $7,276 $18,088 $1,550 $16,538
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12273867

Midwest Real Estate Data (MRED)
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