NOT LISTED FOR SALE

7524 W 58th St Summit Argo, IL 60501

Estimated Value: $272,000 - $334,000

4 Beds
2 Baths
1,496 Sq Ft
$197/Sq Ft Est. Value

Last Sold June 29, 2017

Last sale price $115,000 $77 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $2,367/month

13 Days on Market

Highlights

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

About This Home

As of June 2017

Legal 2-flat, with great rental income. Separate furnace for each unit. Each unit pays gas & electric, owner pays water. Full basement, 2 car garage (rented separate). Newer front porch, full attic. In good condition but must be sold "AS-IS". Good tenants/month to month rentals. Buyer to escrow with Village prior to closing for code work. Conv. or cash only. No FHA/VA.

Last Agent to Sell the Property

Patty Delgado

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

Elizabeth Mireles

Our City Homes License #471020314

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • Lot Dimensions are 29 x 124 x 29 x 124
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch

Community Details

  • 2 Units
  • Gross Income $20,340

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1914
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • ExteriorFeatures: Porch, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 117000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • 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+
  • 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
  • Middle/Junior School District: 104

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 29 X 124 X 29 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: 20340
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 6406.75
  • Tax Year: 2014
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2017
Closed on
Jun 29, 2017
Sold by
Torre Refugio De La and Torre Isidra De La
Bought by
Munoz Miguel and Munoz Maura
Seller's Agent
Patty Delgado
Realty of America, LLC
Buyer's Agent
Elizabeth Mireles
Our City Homes
List Price
$117,000
Sold Price
$115,000
Premium/Discount to List
-$2,000
-1.71%
Total Days on Market
13
Current Estimated Value
$298,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,341
Avg. Annual Appreciation
12.52%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Munoz Miguel $115,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2017 06/29/17 Sold $115,000 -1.7% $77 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $117,000 -- $78 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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
2024 $8,409 $24,000 $2,697 $21,303
2023 $5,887 $24,000 $2,697 $21,303
2022 $5,887 $13,645 $2,325 $11,320
2021 $5,729 $13,644 $2,325 $11,319
2020 $5,865 $13,644 $2,325 $11,319
2019 $7,655 $16,650 $2,139 $14,511
2018 $7,403 $16,650 $2,139 $14,511
2017 $7,392 $16,650 $2,139 $14,511
2016 $6,755 $14,303 $1,860 $12,443
2015 $6,547 $14,303 $1,860 $12,443
2014 $6,407 $14,303 $1,860 $12,443
2013 $6,678 $16,603 $1,860 $14,743
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09645419

Midwest Real Estate Data (MRED)

APN: 18-13-219-023-0000