$577,500
PENDING

7508 W 59th St Summit, IL 60501

Estimated payment $3,857/month

Total Views 91,519
8 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Hot Property
  • Lower Floor Utility Room
  • Forced Air Heating System
  • Argo Community High School Rated A-
  • Soaking Tub
  • Ceiling Fan

About This Home

Beautifully maintained threeunit brick building in an excellent location - originally rehabbed a few years ago with additional recent upgrades by the current owner including a new parking pad, separate furnaces and water heaters for each unit, refinished surfaces and new flooring throughout; units were freshly painted when the owner took over and tenants pay on time, making this a smoothly operating investment or ideal owneroccupied property. The lower level unit is 2 bedrooms/1 bath and the two upper units are 3 bedrooms/1 bath each, with utilities separated for simple tenant billing and low landlord overhead.

Listing Agent

Sandy Ortiz-Ramirez

Realty of America, LLC License #475163090 Listed on: 02/27/2026

Realty of America, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,965

Year Built

  • Built in 1918

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 31x124

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Lower Floor Utility Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms
  • Soaking Tub

Finished Basement

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

Parking

  • 6 Parking Spaces
  • Parking Available
  • Alley Access
  • Off Alley Parking
  • Parking Included in Price
  • 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

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,965

Year Built

Built in 1918

Lot Details

3,485 Sq Ft Lot

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: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Contingent
  • SomePhotosVirtuallyStaged: No
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Exterior Entry, Storage Space, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Room Type: Utility Room-Lower Level
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Hardwood Floors

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Unassigned, Off Alley, Alley Access, Yes, Owned
  • ParkingTotal: 6

Utilities

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

Condo/Co-op/Association

  • Community Features: Street Lights

Schools

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

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
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8965.49
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

3D Interior and Exterior Tours

Floorplans

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $8,409 $24,000 $2,787 $21,213
2024 $8,409 $24,000 $2,787 $21,213
2023 $7,734 $24,000 $2,787 $21,213
2022 $7,734 $17,928 $2,403 $15,525
2021 $7,526 $17,926 $2,402 $15,524
2020 $7,706 $17,926 $2,402 $15,524
2019 $7,793 $16,950 $2,210 $14,740
2018 $7,536 $16,950 $2,210 $14,740
2017 $7,526 $16,950 $2,210 $14,740
2016 $6,813 $14,426 $1,922 $12,504
2015 $6,603 $14,426 $1,922 $12,504
2014 $6,462 $14,426 $1,922 $12,504
2013 $6,762 $16,810 $1,922 $14,888
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2026 04/06/26 Pending -- -- --
02/27/2026 02/27/26 For Sale $577,500 +99.1% --
11/16/2021 11/16/21 Sold $290,000 -7.9% -- View Prior Sale
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% -- View Prior Sale
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)

About the Listing Agent

Sandy Ortiz-Ramirez

Realty of America, LLC

(464) 768-8792

Section Image

I'm an expert real estate agent with Realty Of America in Berwyn IL I am proud to providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12579266

Midwest Real Estate Data (MRED)
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