NOT LISTED FOR SALE

7546 W 62nd St Summit, IL 60501

5 Beds
3 Baths
-- Sq Ft
1933 Built

Last Sold November 30, 2020

Last sale price $135,000

36 Days on Market

About This Home

As of November 2020

Rarely available two unit in the heart of Summit. Building offers the perfect situation for in law living or a buyer who is looking for additional rental income! Main level features a large living room with three bedrooms and hardwood flooring. Beautiful spacious kitchen. Second floor unit offers a similar footprint with two bedrooms and large living room. Basement comes finished with an extra bedroom, bathroom, and kitchen space. The home needs updating and is being sold AS-IS but potential is endless!! Located just minutes from I-55 and Harlem Ave the location could not be more centrally located.

Last Agent to Sell the Property

Dennis Frlan

Kale Realty License #475190913 Listed on: 09/24/2020

Last Buyer's Agent

Juan Soto

REMAX Legends License #471018447

REMAX Legends

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1933

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Argo Community High School

Utilities

  • Radiant Heating System
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 30x125

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1933

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: 1933
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • 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: 5
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Washer,Dryer,Window Air Conditioner,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Refrigerator,Washer,Dryer,Window Air Conditioner,Range Hood

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Radiant
  • Water Source: Lake Michigan

Schools

  • High School: Argo Community High School

Lot Info

  • Lot Dimensions: 30X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 7465
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 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
11/30/2020 11/30/20 Sold $135,000 -8.1% --
10/30/2020 10/30/20 Pending -- -- --
10/23/2020 10/23/20 Price Changed $146,900 -8.1% --
10/08/2020 10/08/20 Price Changed $159,900 -8.4% --
09/24/2020 09/24/20 For Sale $174,500 -- --
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 $6,546 $22,000 $2,719 $19,281
2024 $6,546 $22,000 $2,719 $19,281
2023 $6,399 $22,000 $2,719 $19,281
2022 $6,399 $18,252 $2,344 $15,908
2021 $7,663 $18,251 $2,343 $15,908
2020 $7,846 $18,251 $2,343 $15,908
2019 $7,465 $16,238 $2,156 $14,082
2018 $7,220 $16,238 $2,156 $14,082
2017 $7,209 $16,238 $2,156 $14,082
2016 $7,027 $14,878 $1,875 $13,003
2015 $6,810 $14,878 $1,875 $13,003
2014 $6,664 $14,878 $1,875 $13,003
2013 $5,751 $14,297 $1,875 $12,422
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10880663

Midwest Real Estate Data (MRED)