Seller's Agent in 2020
Thomas Domasik
RE/MAX
(708) 359-4092
513 Total Sales
7536 W 62nd St Summit, IL 60501
Summit Area
13
Beds
5
Baths
--
Sq Ft
1930
Built
Highlights
- Loft
- Lower Floor Utility Room
- Heating System Uses Steam
- Argo Community High School Rated A-
- Bungalow
About This Home
As of March 2020PLANT YOUR MONEY TREE! REAP FRESH NEW PROFITS IN THIS 4 UNIT SOLID BRICK BUILDING WITH TERRIFIC CASH FLOW! INSIDE FIND LOTS OF RECENT IMPROVEMENTS INCLUDING RECENTLY COMPLETELY REMODELED 2ND FLOOR FRONT APARTMENT. REAR 1ST FLOOR APARTMENT WITH RECENTLY REMODELED KITCHEN. 5 NEW ELECTRICAL PANELS & METERS. NEWER PRIVATE STORAGE LOCKERS FOR TENANTS IN 'DRY' BASEMENT RECENTLY IMPROVED WITH GLASS BLOCK WINDOWS & RAIN WATER DISCHARGE PIPE TO THE CURB AWAITING YOUR FINISHING IDEAS FOR EXTRA LIVING SPACE OR STORAGE. NEWER ROOF - IN 2016, 2 NEWER BOILERS & 3 NEWER HOT WATER HEATERS - ABOUT 2 YEARS OLD. FINISHED ATTIC WITH MORE ENDLESS POSSIBILITIES (EXTRA LIVING SPACE/STORAGE/OFFICE) TERRIFIC PROPERTY FOR EITHER OWNER OCCUPANT OR 'ARM-CHAIR' INVESTMENT!
Last Agent to Sell the Property
RE/MAX 10 in the Park License #475129362 Listed on: 02/24/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,915
Year Built
- Built in 1930
Home Design
- Bungalow
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- Loft
- Lower Floor Utility Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Storm Screens
Bedrooms and Bathrooms
- 13 Bedrooms
- 13 Potential Bedrooms
- 5 Bathrooms
Parking
- 4 Parking Spaces
- Uncovered Parking
- Off-Street Parking
- Off Alley Parking
Lot Details
- Lot Dimensions are 30x126
Schools
- Argo Community High School
Utilities
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- 4 Units
- 4 Unit
Building Details
- Electric Expense $1,205
- Insurance Expense $2,004
- Trash Expense $795
- Water Sewer Expense $2,642
- Gross Income $45,240
- Net Operating Income $38,594
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
Feb 24, 2020
Closed on
Mar 31, 2020
Sold by
Bought by
Seller's Agent
Thomas Domasik
RE/MAX 10 in the Park
Buyer's Agent
Nury Ordonez
HomeSmart Connect LLC
List Price
$285,000
Sold Price
$310,000
Premium/Discount to List
$25,000
8.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
0.034%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 22, 2017
Sold by
Bought by
Purchase Details
Closed on
Jul 26, 2006
Sold by
Bought by
Purchase Details
Closed on
Jun 25, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
0.0907%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 28, 1994
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $310,000 | Fidelity National Title | ||
| -- | Attorney | ||
| -- | None Available | ||
| $225,000 | Chicago Title Insurance Co | ||
| $160,000 | -- | ||
| $160,000 | -- |
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 |
|---|---|---|---|
| Open | $248,000 | ||
| Previous Owner | $180,000 |
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 |
|---|---|---|---|---|
| 03/31/2020 03/31/20 | Sold | $310,000 | +8.8% | -- |
| 02/27/2020 02/27/20 | Pending | -- | -- | -- |
| 02/24/2020 02/24/20 | For Sale | $285,000 | -- | -- |
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 | $11,912 | $34,000 | $2,719 | $31,281 |
| 2024 | $11,912 | $34,000 | $2,719 | $31,281 |
| 2023 | $7,581 | $34,000 | $2,719 | $31,281 |
| 2022 | $7,581 | $17,574 | $2,344 | $15,230 |
| 2021 | $7,378 | $17,572 | $2,343 | $15,229 |
| 2020 | $7,554 | $17,572 | $2,343 | $15,229 |
| 2019 | $10,252 | $22,300 | $2,156 | $20,144 |
| 2018 | $9,915 | $22,300 | $2,156 | $20,144 |
| 2017 | $13,012 | $29,307 | $2,156 | $27,151 |
| 2016 | $9,584 | $20,292 | $1,875 | $18,417 |
| 2015 | $9,288 | $20,292 | $1,875 | $18,417 |
| 2014 | $9,089 | $20,292 | $1,875 | $18,417 |
| 2013 | $8,032 | $19,967 | $1,875 | $18,092 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas Domasik
-
Nury Ordonez
Buyer's Agent in 2020
Nury Ordonez
The McDonald Group
(773) 671-6879
15 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10646235
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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