$330,000
SOLD MAY 29, 2026

7548 W 61st St Summit, IL 60501

8 Beds
5 Baths
-- Sq Ft
1915 Built

Sale Details

Date Sold: May 29, 2026

166 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Heating System Uses Steam
  • Argo Community High School Rated A-

About This Home

As of May 2026

Great investment opportunity!**Legal 4-unit building with value-add potential. Property is being sold "as-is". Cash or conventional financing preferred. Excellent upside with stabilized rents once improvements are completed.

Last Agent to Sell the Property

Jose Hernandez

Coldwell Banker Realty License #475144888 Listed on: 11/18/2025

Coldwell Banker Realty

Last Buyer's Agent

Katerina Pavlova

Pavlova Properties License #471022201

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,987

Year Built

  • Built in 1915

Parking

  • 2 Car Detached Garage
  • Parking Available
  • Parking Included in Price

Home Design

  • Frame Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Schools

  • Argo Community High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

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

Community Details

  • 4 Units
  • Gross Income $50,400

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,987

Year Built

Built in 1915

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished, Full
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Frame
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Yes, Detached, Garage
  • ParkingTotal: 2

Utilities

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

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: 8
  • Is Parking Included in Price: Yes
  • TenantPays: All

Multi Family

  • GrossIncome: 50400
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 6987
  • Tax Year: 2024
  • Tax Exemptions: Homeowner
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
05/29/2026 05/29/26 Sold $330,000 0.0% --
05/03/2026 05/03/26 Pending -- -- --
04/28/2026 04/28/26 Price Changed $330,000 0.0% --
04/28/2026 04/28/26 For Sale $330,000 -5.7% --
04/01/2026 04/01/26 Pending -- -- --
01/21/2026 01/21/26 For Sale $350,000 0.0% --
01/06/2026 01/06/26 Pending -- -- --
11/18/2025 11/18/25 For Sale $350,000 -- --
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12519853

Midwest Real Estate Data (MRED)
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