$565,000
SOLD MAY 6, 2026

7508 W 59th St Summit, IL 60501

Summit Area
8 Beds
3 Baths
-- Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: May 6, 2026

2% Below List Price

38 Days on Market

Highlights

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

About This Home

As of May 2026

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.

Last Agent to Sell the Property

Sandy Ortiz-Ramirez

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

Realty of America, LLC

Last Buyer's Agent

Abraham Ponce

Coldwell Banker Realty License #475172241

Coldwell Banker Realty

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: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • 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

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
Feb 27, 2026
Closed on
May 5, 2026
Sold by
Bought by
Seller's Agent
Sandy Ortiz-Ramirez
Realty of America, LLC
Buyer's Agent
Abraham Ponce
Coldwell Banker Realty
List Price
$577,500
Sold Price
$565,000
Premium/Discount to List
-$12,500
-2.16%
Views
291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,750
Interest Rate
0.0663%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 29, 2021
Sold by
Bought by
Seller's Agent
Grazyna Szczypta
Home Sellers Realty Inc
Buyer's Agent
Luis Ortiz
RE/MAX Partners
List Price
$315,000
Sold Price
$290,000
Premium/Discount to List
-$25,000
-7.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.09%
Original Mortgage
$217,500
Interest Rate
0.0387%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 12, 2013
Closed on
Apr 18, 2014
Sold by
Bought by
Seller's Agent
Michael Scola
RE/MAX Partners
Buyer's Agent
Sal Mazzulla
United Real Estate - Chicago
List Price
$89,900
Sold Price
$40,000
Premium/Discount to List
-$49,900
-55.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.14%

Purchase Details

Closed on
Jul 17, 2013
Sold by
Bought by

Purchase Details

Closed on
Nov 15, 2007
Sold by
Bought by

Purchase Details

Closed on
Dec 15, 1995
Sold by
Bought by

Purchase Details

Closed on
Nov 2, 1994
Sold by
Bought by
Source: Public Records
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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 Type Sale Price Title Company
Warranty Deed $565,000 None Listed On Document
Warranty Deed $290,000 Fidelity National Title
Special Warranty Deed $40,000 Premier Title
Sheriffs Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $90,000 Attorneys Natl Title Network
Interfamily Deed Transfer -- --
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 Loan Amount Loan Type
Open $536,750 New Conventional
Closed $217,500 New Conventional
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 Prior Sale
05/06/2026 05/06/26 Sold $565,000 -2.2% --
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)

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 $2,787 $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

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12579266

Midwest Real Estate Data (MRED)
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