NOT LISTED FOR SALE

7501 W 58th St Summit, IL 60501

4 Beds
2 Baths
-- Sq Ft
1916 Built

Last Sold March 06, 2023

Last sale price $155,000

82 Days on Market

Highlights

  • Forced Air Heating System
  • Argo Community High School Rated A-
  • Paved or Partially Paved Lot

About This Home

As of March 2023

Attention investors! Two-unit rental property in Summit in need of extensive rehab. The first floor unit has a living room, dining room, 3 bedrooms, a kitchen, & a full bath. The upstairs unit has a kitchen, den, loft, one bedroom, and a full bath.

Last Agent to Sell the Property

Eric Andersen

Andersen Realty Group License #471020612 Listed on: 09/22/2022

Last Buyer's Agent

Ubaldo Garcia

RE/MAX Mi Casa License #471001599

RE/MAX Mi Casa

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,454

Year Built

  • Built in 1916

Lot Details

  • Lot Dimensions are 30x123
  • Paved or Partially Paved Lot

Home Design

  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House

Schools

  • Walsh Elementary School
  • Heritage Middle School
  • Argo Community High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,454

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1916
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • AttributionContact: eric@eandersenhomes.com
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Other
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Schools

  • Elementary School: Walsh Elementary School
  • High School: Argo Community High School
  • Middle/Junior School: Heritage Middle School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30X123
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 6453.96
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat
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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
03/06/2023 03/06/23 Sold $155,000 -11.4% --
12/14/2022 12/14/22 Pending -- -- --
11/28/2022 11/28/22 For Sale $175,000 0.0% --
11/11/2022 11/11/22 Pending -- -- --
11/08/2022 11/08/22 Price Changed $175,000 -12.5% --
09/22/2022 09/22/22 For Sale $200,000 -- --
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
2025 $5,385 $22,000 $2,697 $19,303
2024 $5,385 $22,000 $2,697 $19,303
2023 $6,340 $22,000 $2,697 $19,303
2022 $6,340 $18,117 $2,325 $15,792
2021 $6,208 $18,116 $2,325 $15,791
2020 $6,454 $18,116 $2,325 $15,791
2019 $5,630 $15,675 $2,139 $13,536
2018 $5,442 $15,675 $2,139 $13,536
2017 $5,461 $15,675 $2,139 $13,536
2016 $5,240 $13,592 $1,860 $11,732
2015 $5,020 $13,592 $1,860 $11,732
2014 $4,938 $13,592 $1,860 $11,732
2013 $5,466 $16,218 $1,860 $14,358
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11618594

Midwest Real Estate Data (MRED)