7503 W 58th Place Summit Argo, IL 60501
Estimated payment $1,960/month
Highlights
- Recreation Room
- Wood Flooring
- Living Room
- Argo Community High School Rated A-
- Formal Dining Room
- Laundry Room
About This Home
Welcome to this solid split-level home in the heart of Summit - a great opportunity for buyers looking for space, potential, and value. This property offers 3 bedrooms, 2 full bathrooms, a finished lower level, and a brand-new roof replaced in the summer of this year, giving peace of mind where it truly matters. Inside, you'll find a functional layout featuring a bright living room, an eat-in kitchen, and additional lower-level space perfect for a family room, playroom, home office, or extra storage. Furnace and water heater are approximately 4-6 years old, offering added long-term reliability. The home does need cosmetic updating and TLC, making it ideal for buyers who want to bring their own ideas to life or for investors seeking an easy value-add opportunity. With some vision and finishing touches, this home can shine again. Conveniently located near schools, parks, shopping, restaurants, Archer Ave, and multiple transportation options - this home sits in a central and desirable location. Village of Summit Pre-Sale Inspection has been completed. Buyer will assume remaining minor corrections. Home is being sold AS-IS.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,735
Year Built
- Built in 1997
Home Design
- Split Level Home
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 1,219 Sq Ft Home
- Family Room
- Living Room
- Formal Dining Room
- Recreation Room
- Finished Basement Bathroom
- Dishwasher
- Laundry Room
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Schools
- Argo Community High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,247 | $24,000 | $2,697 | $21,303 |
| 2023 | $5,381 | $24,000 | $2,697 | $21,303 |
| 2022 | $5,381 | $15,891 | $2,325 | $13,566 |
| 2021 | $5,274 | $15,891 | $2,325 | $13,566 |
| 2020 | $5,498 | $15,891 | $2,325 | $13,566 |
| 2019 | $6,439 | $17,436 | $2,139 | $15,297 |
| 2018 | $6,225 | $17,436 | $2,139 | $15,297 |
| 2017 | $6,243 | $17,436 | $2,139 | $15,297 |
| 2016 | $5,504 | $14,151 | $1,860 | $12,291 |
| 2015 | $5,276 | $14,151 | $1,860 | $12,291 |
| 2014 | $5,188 | $14,151 | $1,860 | $12,291 |
| 2013 | $5,951 | $17,423 | $1,860 | $15,563 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/21/2025 11/21/25 | For Sale | $249,000 | +112.8% | $204 / Sq Ft | |
| 07/31/2013 07/31/13 | Sold | $117,000 | +4.5% | $96 / Sq Ft | View Prior Sale |
| 04/29/2013 04/29/13 | Pending | -- | -- | -- | |
| 04/06/2013 04/06/13 | For Sale | $112,000 | 0.0% | $92 / Sq Ft | |
| 03/21/2013 03/21/13 | Pending | -- | -- | -- | |
| 02/16/2013 02/16/13 | Price Changed | $112,000 | +24.6% | $92 / Sq Ft | |
| 02/14/2013 02/14/13 | For Sale | $89,900 | +9.6% | $74 / Sq Ft | |
| 01/18/2013 01/18/13 | Sold | $82,000 | -8.8% | $67 / Sq Ft | View Prior Sale |
| 12/09/2012 12/09/12 | Pending | -- | -- | -- | |
| 12/05/2012 12/05/12 | For Sale | $89,900 | +20.7% | $74 / Sq Ft | |
| 10/27/2012 10/27/12 | Pending | -- | -- | -- | |
| 10/10/2012 10/10/12 | For Sale | $74,500 | -- | $61 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $117,000 | Fidelity National Title Insu | |
| Interfamily Deed Transfer | -- | First American Title | |
| Warranty Deed | $137,000 | -- | |
| Warranty Deed | $46,500 | -- | |
| Warranty Deed | $27,500 | Chicago Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $114,880 | FHA | |
| Previous Owner | $120,000 | New Conventional | |
| Previous Owner | $130,150 | No Value Available | |
| Previous Owner | $16,500 | Seller Take Back | |
| Closed | $50,000 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12521767
APN: 18-13-227-018-0000
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