NOT LISTED FOR SALE

7501 W 63rd Place Summit, IL 60501

5 Beds
2 Baths
-- Sq Ft
0.72 Acres

Last Sold February 20, 2015

Last sale price $112,500

445 Days on Market

Highlights

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

About This Home

As of February 2015

AMAZING OPPORTUNITY!!! Bank approved SS & wants this SOLD ASAP! Ever dreamed of owning your own investment property? Awesome brick 2 flat. 1 unit - 3 Bed and other 2 Bed. Great tenants who want to stay! Instant income on your investment. Please note SS & sold in "AS-IS" condition. All info prov by seller so please do your due diligence and verify all info. Bank APPROVED & wants QUICK CLOSE!! Hurry, wont last!!!

Last Agent to Sell the Property

Kathleen Myles

RE/MAX Action License #475094978 Listed on: 09/09/2013

RE/MAX Action

Last Buyer's Agent

Peter Hernandez

Re/Max Premier License #475151371

Re/Max Premier

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 29x123

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2002
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner

Exterior Features

  • List Price: 112500
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Middle/Junior School District: 104

Lot Info

  • Lot Dimensions: 29X123
  • Zoning: MULTI
  • 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: 8080
  • Tax Year: 2012
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2022
Sold by
7501-05 W 63Rd Street Llc
Bought by
Board Of Education Cook County School Distric

Purchase Details

Closed on
Dec 21, 2020
Sold by
Abujameela Inc
Bought by
7501 05 W 63Rd Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2016
Sold by
Chicago Title Land Trust Co
Bought by
Abujameela Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Board Of Education Cook County School Distric $50,000 None Listed On Document
7501 05 W 63Rd Street Llc $75,000 Old Republic Title
Abujameela Inc $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 7501 05 W 63Rd Street Llc $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2015 02/20/15 Sold $112,500 0.0% --
11/28/2014 11/28/14 Pending -- -- --
10/31/2014 10/31/14 Price Changed $112,500 -4.7% --
05/06/2014 05/06/14 Price Changed $118,000 -5.6% --
04/02/2014 04/02/14 For Sale $125,000 0.0% --
03/12/2014 03/12/14 Pending -- -- --
02/21/2014 02/21/14 Price Changed $125,000 +4.2% --
12/19/2013 12/19/13 For Sale $120,000 0.0% --
10/25/2013 10/25/13 Pending -- -- --
10/01/2013 10/01/13 Price Changed $120,000 -14.3% --
09/09/2013 09/09/13 For Sale $140,000 -- --
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
2024 $1,079 -- -- --
2023 $1,079 -- -- --
2022 $1,079 $2,500 $2,500 $0
2021 $1,050 $2,500 $2,500 $0
2020 $1,075 $2,500 $2,500 $0
2019 $934 $2,031 $2,031 $0
2018 $903 $2,031 $2,031 $0
2017 $902 $2,031 $2,031 $0
2016 $811 $1,718 $1,718 $0
2015 $786 $1,718 $1,718 $0
2014 $770 $1,718 $1,718 $0
2013 $691 $1,718 $1,718 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08440247

Midwest Real Estate Data (MRED)

APN: 18-24-200-022-0000