NOT LISTED FOR SALE

7508 W 59th St Summit, IL 60501

5 Beds
3 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold November 16, 2021

Last sale price $290,000

17 Days on Market

Highlights

  • Soaking Tub
  • Forced Air Heating System
  • Multiple Water Heaters
  • Argo Community High School Rated A-
  • Ceiling Fan
  • Paved or Partially Paved Lot

About This Home

As of November 2021

IT'S AN AMAZING INVESTMENT OPPORTUNITY LEGAL 3 FLAT, FULLY REHABBED. RENT THEM ALL UNITS AND START COLLECTING MONEY, EXTRA INCOME $$ OR LIVE IN ONE AND HAVE THE TENANTS PAY FOR YOUR MORTGAGE. GARDEN UNIT HAS 1 BED & 1 BATH, FIRST UNIT 2 BED + OFFICE & 1 BATH,SECOND UNIT 2 BED & 1 BATH.UTILITY BILLS ARE ALL SEPARATE FOR EACH UNIT. THE LANDLORD PAYS FOR DISPOSAL, SEWER, AND WATER. NEWER ROOF ON THE BUILDING WITH BRICK/SIDING & VINYL WINDOWS.NEW HEATING SYSTEM, 3 FURNACES & UPDATED PLUMBING, ELECTRIC. THE LARGE KITCHEN FEATURES PLENTY OF CABINETS WITH DINING SPACE, LIVING ROOM, AND OPEN FLOOR CONCEPT. LARGE BEDROOMS WITH WALK-IN CLOSETS AND HARDWOOD FLOORS THROUGHOUT THE 2 UNITS.UPDATED BATHROOMS WITH CERAMIC TILES AND VANITIES.PRIVATE PARKING IN REAR.GREAT LOCATION NEAR SCHOOLS, HIGHWAYS I-55,294, CTA- BUS STOPS AND TRAIN. INVENTORY ON MULTI-FAMILY HOMES IS LOW DON'T WAIT TOO LONG TO SCHEDULE A SHOWING.

Last Agent to Sell the Property

Grazyna Szczypta

Home Sellers Realty Inc. License #475147807 Listed on: 09/08/2021

Last Buyer's Agent

Luis Ortiz

RE/MAX Partners License #475136884

RE/MAX Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,706

Year Built

  • Built in 1918 | Remodeled in 2016

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 31x124
  • Paved or Partially Paved Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • Ceiling Fan

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms
  • Soaking Tub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump

Parking

  • 6 Parking Spaces
  • Alley Access
  • Uncovered Parking
  • Off Alley Parking
  • Parking Space is Owned
  • Unassigned Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Multiple Water Heaters

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,000
  • Trash Expense $600
  • Water Sewer Expense $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,706

Year Built

Built in 1918 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1918
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Other Equipment: Ceiling Fan(s), Sump Pump, Multiple Water Heaters
  • Basement Description: Finished,Exterior Access
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 315000
  • Lot Features: Sidewalks
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Parking Features: Unassigned, Off Alley, Alley Access
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: No
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Trash Expense: 600
  • Water Sewer Expenses: 1500

Schools

  • Elementary School: Walsh Elementary School
  • High School: Argo Community High School
  • Middle/Junior School: Heritage Middle School
  • Middle/Junior School District: 104

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 31X124
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Insurance Expense: 1000
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 7705.94
  • Tax Year: 2020
  • Tax Exemptions: None

Range of Values:

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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 Change Sq Ft Price
11/16/2021 11/16/21 Sold $290,000 -7.9% --
09/27/2021 09/27/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $315,000 +687.5% --
05/13/2014 05/13/14 Sold $40,000 -33.2% --
04/11/2014 04/11/14 Pending -- -- --
04/04/2014 04/04/14 Price Changed $59,900 -6.4% --
03/03/2014 03/03/14 Price Changed $64,000 -5.2% --
01/28/2014 01/28/14 Price Changed $67,500 -15.5% --
11/19/2013 11/19/13 Price Changed $79,900 -5.9% --
10/16/2013 10/16/13 Price Changed $84,900 -5.6% --
09/12/2013 09/12/13 For Sale $89,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Grazyna Szczypta

    Seller's Agent in 2021

    Grazyna Szczypta

    Home Sellers Realty Inc.

    (708) 351-8126

    2 in this area

    28 Total Sales

    Grazyna Szczypta
    Section Image
  • Luis Ortiz

    Buyer's Agent in 2021

    Luis Ortiz

    RE/MAX

    (708) 990-4079

    9 in this area

    906 Total Sales

    Luis Ortiz
    Section Image
  • Michael Scola

    Seller's Agent in 2014

    Michael Scola

    RE/MAX

    (708) 612-8885

    2 in this area

    145 Total Sales

    Michael Scola
    Section Image

  • S

    Buyer's Agent in 2014

    Sal Mazzulla

    United Real Estate - Chicago

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11213228

Midwest Real Estate Data (MRED)

Illinois Cook County Summit 60501

7508 W 59th St, Summit, IL

This home is located at 7508 W 59th St, Summit, IL 60501 since 08 September 2021. This property was built in 1918. 7508 W 59th St is a home located in Cook County with nearby schools including Walsh Elementary School, Dr Donald Wharton Elementary School, and W.W. Walker Elementary School.

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