NOT LISTED FOR SALE

7539 W 58th Place Summit Argo, IL 60501

Summit Area
4 Beds
2 Baths
-- Sq Ft
1913 Built

Sale Details

Date Sold: January 20, 2022

Last sale price $240,000

111 Days on Market

Highlights

  • Corner Lot
  • Fenced Yard
  • Forced Air Heating System
  • Argo Community High School Rated A-

About This Home

As of January 2022

SUMMIT BRICK 2 UNIT / BUILDING FEATURES TWO 2 BEDROOM UNITS WITH SEMI FINISHED BASEMENT AND A LARGE SIDE DRIVE AND BACKYARD FOR SUMMER ENJOYMENT.

Last Agent to Sell the Property

Eliseo Guzman

RE/MAX 10 License #475153196 Listed on: 07/08/2021

RE/MAX 10

Co-Listed By

Jaime Madrid

RE/MAX 10 License #475197046

Last Buyer's Agent

Yuritzi Chavez

Pak Home Realty License #475188160

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,616

Year Built

  • Built in 1913

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Space is Owned

Lot Details

  • Lot Dimensions are 39 x 125
  • Fenced Yard
  • Corner Lot

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,616

Year Built

Built in 1913

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1913
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot, Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Dimensions: 39 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 6615.59
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

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
Jul 8, 2021
Closed on
Jan 18, 2022
Sold by
Bought by
Seller's Agent
Eliseo Guzman
RE/MAX 10
Buyer's Agent
Yuritzi Chavez
Pak Home Realty
List Price
$275,000
Sold Price
$240,000
Premium/Discount to List
-$35,000
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,653
Interest Rate
0.03%

Purchase Details

Closed on
May 5, 2015
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
$99,562
Interest Rate
0.045%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 29, 2008
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
$465,000
Interest Rate
0.07%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$240,000 --
$103,000 None Available
$600,000 Prairie Title Inc
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 $235,653
Previous Owner $99,562
Previous Owner $465,000
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 Prior Sale
01/20/2022 01/20/22 Sold $240,000 -12.7% --
10/28/2021 10/28/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $275,000 +167.0% --
07/20/2015 07/20/15 Sold $103,000 -6.4% -- View Prior Sale
06/10/2014 06/10/14 Price Changed $110,000 +6.8% --
06/03/2014 06/03/14 Pending -- -- --
05/28/2014 05/28/14 Off Market $103,000 -- --
05/22/2014 05/22/14 For Sale $99,000 -- --
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 $9,460 $27,000 $3,474 $23,526
2024 $9,460 $27,000 $3,474 $23,526
2023 $6,503 $27,000 $3,474 $23,526
2022 $6,503 $18,493 $2,995 $15,498
2021 $6,366 $18,492 $2,995 $15,497
2020 $6,616 $18,492 $2,995 $15,497
2019 $8,756 $22,476 $2,755 $19,721
2018 $9,727 $25,313 $2,755 $22,558
2017 $9,740 $25,313 $2,755 $22,558
2016 $6,153 $15,525 $2,396 $13,129
2015 $5,905 $15,525 $2,396 $13,129
2014 $5,804 $15,525 $2,396 $13,129
2013 $6,413 $18,572 $2,396 $16,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11148746

Midwest Real Estate Data (MRED)
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