Hugo Araujo
Coldwell Banker Realty
(773) 819-6179
157 Total Sales
1 in Summit
$310,000 Price
7514 W 63rd Place Summit, IL 60501
Summit Area
7
Beds
4
Baths
--
Sq Ft
3,485
Sq Ft Lot
About This Home
As of January 2021Investors dream, amazing cashflow on day one! This beautiful 4 unit building, is low maintenance with a lots of recent improvements. Sidewalks (2020), Two renovated units (2020), Roof (2016). Three 2 Bed/1 Bath units and One 1 Bed/1 Bath. Conveniently located near the highway and transportation. Walking distance to shopping, restaurants and entertainment. Fantastic rental income with 2 units on corporate guaranteed leases. Tenants pay electric and cooking gas. *Previous buyer could not obtain financing, appraisal came back FAR ABOVE ASKING PRICE!* Don't miss your opportunity, Call today to schedule your showing.
Last Agent to Sell the Property
Travis Rotheiser
HomeSmart Connect LLC License #475181356 Listed on: 11/30/2020
Last Buyer's Agent
Travis Rotheiser
HomeSmart Connect LLC License #475181356 Listed on: 11/30/2020
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,736
Year Built
- Built in 1962
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 30x125
- Paved or Partially Paved Lot
Home Design
- Brick Exterior Construction
- Slab Foundation
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 4 Bathrooms
Parking
- 3 Parking Spaces
- Uncovered Parking
- Parking Space is Owned
Schools
- Argo Community High School
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- 4 Units
Building Details
- Electric Expense $310
- Fuel Expense $1,798
- Insurance Expense $1,728
- Trash Expense $1,680
- Water Sewer Expense $1,714
- Gross Income $48,600
- Net Operating Income $41,370
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Summit, IL
-
Hugo Araujo
-
John Charleston
John Charleston
RE/MAX 10
(630) 757-8632
98 Total Sales
1 in Summit
$210,000 Price
-
Maria Ortiz
Maria Ortiz
Kale Realty
(708) 726-3036
65 Total Sales
2 in Summit
$100K - $190K Price Range
-
Reginald Patterson
Reginald Patterson
eXp Realty
(773) 830-6144
102 Total Sales
1 in Summit
$305,000 Price
-
Jose Cortez
Jose Cortez
Responds QuicklyGolden Enterprise Realty Inc
(866) 598-2035
87 Total Sales
1 in Summit
$345,000 Price
-
Sandy Ortiz-Ramirez
Sandy Ortiz-Ramirez
Realty of America, LLC
(773) 572-0782
146 Total Sales
1 in Summit
$565,000 Price
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 |
|---|---|---|---|
| -- | None Available | ||
| Shah Ruchit | $313,500 | Chicago Title | |
| Randle Nathan I | $127,000 | Cti | |
| Barzar Sampson | -- | -- |
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 |
|---|---|---|---|
| Previous Owner | $234,983 | ||
| Previous Owner | Randle Nathan I | $124,699 |
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 |
|---|---|---|---|---|
| 01/22/2021 01/22/21 | Sold | $313,311 | -0.5% | -- |
| 12/09/2020 12/09/20 | Pending | -- | -- | -- |
| 11/30/2020 11/30/20 | For Sale | $314,900 | -- | -- |
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 | $10,511 | $30,000 | $2,530 | $27,470 |
| 2024 | $10,511 | $30,000 | $2,530 | $27,470 |
| 2023 | $8,145 | $30,000 | $2,530 | $27,470 |
| 2022 | $8,145 | $18,879 | $2,181 | $16,698 |
| 2021 | $7,927 | $18,879 | $2,181 | $16,698 |
| 2020 | $8,116 | $18,879 | $2,181 | $16,698 |
| 2019 | $12,736 | $27,703 | $2,006 | $25,697 |
| 2018 | $12,317 | $27,703 | $2,006 | $25,697 |
| 2017 | $12,300 | $27,703 | $2,006 | $25,697 |
| 2016 | $8,317 | $17,610 | $1,745 | $15,865 |
Source: Public Records
Agents Affiliated with this Home
-
TR
Seller's Agent in 2021
Travis Rotheiser
HomeSmart Connect LLC
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10943566
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.
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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