NOT LISTED FOR SALE

7501 W 58th St Summit, IL 60501

4 Beds
2 Baths
-- Sq Ft
1916 Built

Sale Details

Date Sold: March 6, 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

Home Design

  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House

Lot Details

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

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

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

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
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

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 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11618594

Midwest Real Estate Data (MRED)
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