Seller's Agent in 2023
Melissa Casserly
Baird Warner
(312) 498-3222
1 in this area
71 Total Sales
7540 W Hanover St Summit Argo, IL 60501
Estimated Value: $312,360 - $354,000
8
Beds
4
Baths
1,560
Sq Ft
$209/Sq Ft
Est. Value
Highlights
- Property is near a park
- 2-minute walk to Summit Station
- 4-minute walk to Hanover Park
- Argo Community High School Rated A-
- Balcony
About This Home
As of December 2023Great opportunity to own a two story, four unit building next to the Metra station and adjacent to a park! One mile to I-55 and minutes to Midway Airport. All units have hardwood floors. Plenty of street parking! Property being conveyed AS IS. Renovation Loans or Cash only.
Last Agent to Sell the Property
Baird & Warner License #475178031 Listed on: 11/21/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,454
Year Built
- Built in 1957 | Remodeled in 1985
Lot Details
- 3,223
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 4 Bathrooms
Schools
- Argo Community High School
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- 2-Story Property
- Balcony
- Lot Dimensions are 40x80
- Property is near a park
Community Details
- 4 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 21, 2023
Closed on
Dec 28, 2023
Sold by
Lewandowski Theodore L and Lewandowski Laverne N
Bought by
Castillos Company
Seller's Agent
Melissa Casserly
Baird & Warner
Buyer's Agent
William Dozier
Coldwell Banker Commercial Real Estate Group
List Price
$340,000
Sold Price
$285,000
Premium/Discount to List
-$55,000
-16.18%
Views
135
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,090
Avg. Annual Appreciation
6.97%
Original Mortgage
$273,650
Interest Rate
6.76%
Mortgage Type
Construction
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Castillos Company | $285,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Castillos Company | $273,650 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/28/2023 12/28/23 | Sold | $285,000 | -16.2% | $183 / Sq Ft |
| 11/26/2023 11/26/23 | Pending | -- | -- | -- |
| 11/21/2023 11/21/23 | For Sale | $340,000 | -- | $218 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $8,059 | $23,000 | $2,320 | $20,680 |
| 2023 | $6,454 | $23,000 | $2,320 | $20,680 |
| 2022 | $6,454 | $14,959 | $2,000 | $12,959 |
| 2021 | $6,280 | $14,958 | $2,000 | $12,958 |
| 2020 | $6,430 | $14,958 | $2,000 | $12,958 |
| 2019 | $6,989 | $15,202 | $1,840 | $13,362 |
| 2018 | $6,759 | $15,202 | $1,840 | $13,362 |
| 2017 | $6,750 | $15,202 | $1,840 | $13,362 |
| 2016 | $6,165 | $13,054 | $1,600 | $11,454 |
| 2015 | $5,975 | $13,054 | $1,600 | $11,454 |
| 2014 | $5,847 | $13,054 | $1,600 | $11,454 |
| 2013 | $5,822 | $14,475 | $1,600 | $12,875 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa Casserly
-
William Dozier
Buyer's Agent in 2023
William Dozier
Coldwell Banker Commercial Real Estate Group
(630) 904-4334
2 in this area
23 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11935262
APN: 18-12-401-027-0000
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