NOT LISTED FOR SALE

7524 W 58th St Summit Argo, IL 60501

Summit Area

Estimated Value: $309,643 - $351,000

4 Beds
2 Baths
1,496 Sq Ft
$226/Sq Ft Est. Value

Sale Details

Date Sold: June 29, 2017

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

Est. 194% increase in value since last sale

Current estimated payment $2,494 / mo

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 Chavez

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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

3,703 Sq Ft Lot

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
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • ExteriorFeatures: Porch, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • 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

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

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
Jun 1, 2017
Closed on
Jun 29, 2017
Sold by
Bought by
Seller's Agent
Patty Chavez
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%
Current Estimated Value
$337,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,911
Avg. Annual Appreciation
12.57%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Summit Argo, IL

  • Araceli Montalvo Real Estate Agent - Extreme Realty LLC

    Araceli Montalvo

    Extreme Realty LLC

    (312) 818-3983

    40 Total Sales

    1 in Summit

    $345,000 Price

    Araceli Montalvo
     Section Image
  • Israel Valadez Real Estate Agent - Realty of America, LLC

    Israel Valadez

    Realty of America, LLC

    (855) 536-1959

    43 Total Sales

    1 in Summit

    $242,000 Price

    Israel Valadez
     Section Image
  • Jorge Vigil Real Estate Agent - HomeSmart Realty Group

    Jorge Vigil

    HomeSmart Realty Group

    (877) 554-1280

    60 Total Sales

    2 in Summit

    $95K - $310K Price Range

    Jorge Vigil
     Section Image
  • Krystyna Soprych Real Estate Agent - RE/MAX 10 in the Park

    Krystyna Soprych

    RE/MAX 10 in the Park

    (708) 859-7157

    207 Total Sales

    1 in Summit

    $176,000 Price

    Krystyna Soprych
     Section Image
  • Lucy Mierop Real Estate Agent - RE/MAX Market

    Lucy Mierop

    RE/MAX Market

    (630) 866-5554

    140 Total Sales

    1 in Summit

    $196,000 Price

    Lucy Mierop
     Section Image
  • Gina Joshi Real Estate Agent - Prestige Realty Group

    Gina Joshi

    Prestige Realty Group

    (708) 668-0802

    80 Total Sales

    1 in Summit

    $345,000 Price

    Gina Joshi
     Section Image
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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
$115,000 Attorney
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
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

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 $2,697 $21,303
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

  • Patty Chavez Real Estate Agent - Realty of America, LLC

    Seller's Agent in 2017

    Patty Chavez

    Realty of America, LLC

    (708) 833-0199

    121 Total Sales

    Patty Chavez
    Section Image

  • M

    Seller Co-Listing Agent in 2017

    Michael Kaput

    First United Realtors, Inc.

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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

Illinois Cook County Summit Argo 60501

7524 W 58th St, Summit Argo, IL

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.

Midwest Real Estate Data (MRED) 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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