NOT LISTED FOR SALE

7527 62nd Place Summit, IL 60501

7 Beds
3 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold July 31, 2020

Last sale price $367,500

22 Days on Market

Highlights

  • Deck
  • Lower Floor Utility Room
  • Balcony
  • Argo Community High School Rated A-
  • Fenced Yard
  • Baseboard Heating

About This Home

As of July 2020

Meticulously maintained 3 unit income property within walking distance to schools, stores, public library and CTA/PACE bus stops! (2) 3BR/1BA and (1) 1BR/1BA units. Rent them all or live in one and have the tenants pay your mortgage! 3 parking spaces behind this all brick building with a fenced in backyard. Roof and 3 hot water heaters replaced 7 years ago! Exterior stairs, awning over 3rd unit, storm doors, screens, blinds and mulitiple windows new in 2020! Beautifully refinished hardwood floors in unit 2 & 3 and new carpet in stairway. All appliances included. Garden level utility room has washer and coin operated dryer. Ceiling fans installed in most rooms and through wall openings in each unit to install A/C units if desired. Wired for exterior security system - just add your new cameras! Currently, tenant pays electric, hot water and gas. Heat and water paid for by landlord. DON'T MISS OUT ON THIS FANTASTIC OPPORTUNITY!

Last Agent to Sell the Property

Cindy Heckelsberg

Coldwell Banker Real Estate Group License #475142782 Listed on: 05/20/2020

Coldwell Banker Real Estate Group

Co-Listed By

Julie Forgue

Coldwell Banker Real Estate Group License #475184822

Last Buyer's Agent

phillip King

Century 21 Gust Realty License #471021041

Century 21 Gust Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,335

Year Built

  • Built in 1966

Lot Details

  • 3,485 Sq Ft Lot
  • Fenced Yard
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Lower Floor Utility Room
  • Storm Screens

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Outdoor Features

  • Balcony
  • Deck

Schools

  • Otis P Graves Elementary School
  • Heritage Middle School
  • Argo Community High School

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Multiple Water Heaters

Community Details

  • 3 Units
  • 3 Flat

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,335

Year Built

Built in 1966

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: 1966
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • 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: 3
  • Total Bedrooms: 7
  • Other Equipment: Sump Pump, Multiple Water Heaters
  • Room Type: Utility Room-Lower Level
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Refrigerator,Garage/Space,Range Hood,Cooktop,Oven/Built-in
  • MRD_AppliancesAndFeatures: Refrigerator,Microwave,Garage/Space,Range Hood,Hardwood Floors,Cooktop,Oven/Built-in
  • MRD_AppliancesAndFeatures: Refrigerator,Garage/Space,Range Hood,Hardwood Floors,Cooktop,Oven/Built-in

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Steam, Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: Otis P Graves Elementary School
  • High School: Argo Community High School
  • Middle/Junior School: Heritage Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.08
  • Lot Dimensions: 3510
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4335.07
  • Tax Year: 2018
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $367,500 -0.6% --
06/11/2020 06/11/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $369,900 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $9,349 $30,000 $2,545 $27,455
2024 $9,349 $30,000 $2,545 $27,455
2023 $8,309 $30,000 $2,545 $27,455
2022 $8,309 $19,260 $2,194 $17,066
2021 $8,086 $19,259 $2,193 $17,066
2020 $6,945 $19,259 $2,193 $17,066
2019 $4,475 $25,409 $2,018 $23,391
2018 $4,335 $25,409 $2,018 $23,391
2017 $4,253 $25,409 $2,018 $23,391
2016 $6,635 $16,546 $1,755 $14,791
2015 $6,372 $16,546 $1,755 $14,791
2014 $7,465 $19,235 $1,755 $17,480
2013 $6,814 $19,570 $1,755 $17,815
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10719958

Midwest Real Estate Data (MRED)
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