$475,000

7524 W 63rd Place Summit Argo, IL 60501

Estimated payment $3,419/month

Total Views 256
6 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Forced Air Heating System
  • Argo Community High School Rated A-
  • Baseboard Heating

About This Home

Stunning, Income-Producing Brick 3-Unit! A fantastic investment opportunity featuring spacious layouts in each unit with a living room, formal dining room, 2 bedrooms, a cabinet kitchen, and a full bath. The first-floor unit was beautifully rehabbed in 2021 with updated flooring. Enjoy a private backyard with a brand-new privacy fence and a detached 2-car garage. Prime location-just steps from elementary and high schools, and commuter-friendly with easy access to shopping, dining, and recreation. A must-see for both investors and owner-occupants!

Listing Agent

Luis Ortiz

RE/MAX Partners License #475136884 Listed on: 07/17/2025

RE/MAX Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,460

Year Built

  • Built in 1963 | Remodeled in 2021

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Radiant Heating System

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25x125

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,460

Year Built

Built in 1963 | Remodeled in 2021

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: 1963
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Brick
  • List Price: 475000
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Baseboard, Radiant
  • Water Source: Public

Schools

  • Middle/Junior School District: 104

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • 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: 9460
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $475,000 +59.4% --
10/30/2019 10/30/19 Sold $298,000 +6.4% --
09/03/2019 09/03/19 Pending -- -- --
08/10/2019 08/10/19 For Sale $280,000 +100.0% --
09/11/2013 09/11/13 Sold $140,000 -6.6% --
06/05/2013 06/05/13 Pending -- -- --
05/07/2013 05/07/13 For Sale $149,900 -- --
Source: Midwest Real Estate Data (MRED)

Similar Homes in the area

  • 7446 64th St, Summit, IL 60501

    $419,000

    • 8 Beds
    • 4 Baths
    • 7446 64th St
    • Summit, IL

    AVAILABLE REHABBED FOUR UNIT WITH ALL 2 BEDROOMS. 3 UNITS RECENTLY REHABBED. NEWEST REHABBED UNIT READY FOR RENTAL AND VIEWING. PLEASE DO NOT DISTURB TENANTS. ADDITIONAL FEATURES INCLUDE AN ATTACHED VACANT LOT AND 2 CAR GARAGE.

    James Bohannon Enterprise Realty Power Broker

    Section Image
  • 7341 56th Place, Summit, IL 60501

    $379,900

    • 5 Beds
    • 2 Baths
    • 7341 56th Place
    • Summit, IL

    Well kept Brick Cape Cod with 2nd Floor unit with seperate entrance. 1st floor has 3 Bdrms, 1 bath, kitchen, living room and dinning area. 3rd bedroom currently has washer and dryer. W & D could be re-installed in basement for full use of 3rd bedroom. Bath floor needs work. All plaster walls and oak floors under carpet. 2nd floor has 1 bedroom, bath, liv. room and kitchen and large storage room.

    Michael Kaput First United Realtors, Inc.

    Section Image
  • 5309 S 72nd Ct, Summit, IL 60501

    $389,900

    • 5 Beds
    • 2 Baths
    • 5309 S 72nd Ct
    • Summit, IL

    Stop the car! Here's the property you've been wishing for - a spacious 2-flat with high income potential. This charming solid brick 2-flat, located in the desirable North Summit area, has been meticulously maintained and boasts several modern upgrades, both inside and out. The exterior features a newer roof, gutters, water main, and smart home technology, including Nest cameras, a Nest doorbell,

    Efrain Rodriguez Christine & Ramon Corp

    Section Image
  • 5211 S 73rd Ct, Summit Argo, IL 60501

    $489,900

    • 7 Beds
    • 4 Baths
    • 5211 S 73rd Ct
    • Summit Argo, IL

    Discover this stunningly remodeled 4-flat building that presents an exceptional investment opportunity or a delightful place to call home. Each unit has been thoughtfully Remodeled by a detailed and picky landlord with a construction background, boasting modern amenities and elegant finishes. The upgrades include contemporary kitchens equipped with granite countertops and new appliances, while

    Joanna Lewkowicz Boutique Home Realty

    Section Image

Source: Midwest Real Estate Data (MRED)

MLS Number: 12423005

Midwest Real Estate Data (MRED)

APN: 18-13-427-028