NOT LISTED FOR SALE

7506 W 58th St Summit Argo, IL 60501

Summit Area

Estimated Value: $318,546 - $352,000

4 Beds
2 Baths
1,564 Sq Ft
$219/Sq Ft Est. Value

Sale Details

Date Sold: July 14, 2017

Last sale price $106,500 $68 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $2,567 / mo

11 Days on Market

Highlights

  • 2 Car Detached Garage
  • Two Heating Systems
  • Paved or Partially Paved Lot
  • Argo Community High School Rated A-

About This Home

As of July 2017

Legal 2-flat, separate furnace each unit, (1st Fl. has central A/C) Each tenant pays gas and Electric. Owner pays water. Coin laundry in building, Full Bsmt. Good condition but must be sold "AS-IS". Good tenants M/M rentals. Buyer to post escrow with Village prior to closing for code compliance work . Conv. or cash only. No FHA/VA

Last Agent to Sell the Property

Patty Chavez

Realty of America, LLC License #475142666 Listed on: 06/01/2017

Realty of America, LLC

Co-Listed By

Michael Kaput

First United Realtors, Inc. License #471000295

Last Buyer's Agent

Malcolm Kelly

Better Homes & Gardens Real Estate License #471008466

Better Homes & Gardens Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • Lot Dimensions are 30 x 124 x 30 x 124
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Schools

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

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Community Details

  • 2 Units
  • Gross Income $20,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

3,703 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1919
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Refrigerator

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

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: 30 X 124 X 30 X 124
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 20400
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 6346.27
  • Tax Year: 2015
  • Tax Exemptions: None

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2017
Closed on
Jul 14, 2017
Sold by
Bought by
Seller's Agent
Patty Chavez
Realty of America, LLC
Buyer's Agent
Malcolm Kelly
Better Homes & Gardens Real Estate
List Price
$109,900
Sold Price
$106,500
Premium/Discount to List
-$3,400
-3.09%
Current Estimated Value
$342,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,887
Avg. Annual Appreciation
13.77%

Purchase Details

Closed on
Sep 16, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 Buyer Sale Price Title Company
$106,500 Attorney
$87,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $740,250
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
07/14/2017 07/14/17 Sold $106,500 -3.1% $68 / Sq Ft
06/12/2017 06/12/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $109,900 -- $70 / Sq Ft
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 $8,409 $24,000 $2,697 $21,303
2024 $8,409 $24,000 $2,697 $21,303
2023 $5,515 $24,000 $2,697 $21,303
2022 $5,515 $12,783 $2,325 $10,458
2021 $5,367 $12,783 $2,325 $10,458
2020 $5,495 $12,783 $2,325 $10,458
2019 $7,354 $15,996 $2,139 $13,857
2018 $8,243 $18,540 $2,139 $16,401
2017 $8,232 $18,540 $2,139 $16,401
2016 $6,691 $14,168 $1,860 $12,308
2015 $6,485 $14,168 $1,860 $12,308
2014 $6,346 $14,168 $1,860 $12,308
2013 $7,159 $17,797 $1,860 $15,937
Source: Public Records

Agents Affiliated with this Home

  • Patty Chavez

    Seller's Agent in 2017

    Patty Chavez

    Realty of America, LLC

    (708) 833-0199

    122 Total Sales

    Patty Chavez
    Section Image

  • M

    Seller Co-Listing Agent in 2017

    Michael Kaput

    First United Realtors, Inc.

  • Malcolm Kelly

    Buyer's Agent in 2017

    Malcolm Kelly

    Better Homes & Gardens Real Estate

    (708) 638-5742

    18 Total Sales

    Malcolm Kelly
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09645435

Midwest Real Estate Data (MRED)

APN: 18-13-219-032-0000

Illinois Cook County Summit Argo 60501

7506 W 58th St, Summit Argo, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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