NOT LISTED FOR SALE

7548 W 62nd Place Summit, IL 60501

Summit Area
5 Beds
3 Baths
-- Sq Ft
1999 Built

Highlights

  • Deck
  • Fenced Yard
  • Garage Ceilings 7 ft or Higher
  • Argo Community High School Rated A-
  • 2 Car Detached Garage
  • Bungalow

About This Home

Beautifully rehabbed and maintained building. Garden unit has 2 Bdrm. 1 bath w/storage room, upper unit has 3 Bdrms. 1.5 baths. Separate furnace and A/C for each unit. Coin laundry owned by seller, New sump pump w/battery back-up, newer hot water tank, 2.5 car garage w/overhead door to yard, separate rear entrances to units, fenced yard, and more. Bldg. will be vacant 10/01/15.

Last Agent to Sell the Property

Michael Kaput

First United Realtors, Inc. License #471000295 Listed on: 07/25/2015

Last Buyer's Agent

Joe Washick

Century 21 Hallmark Ltd. License #471001768

Century 21 Hallmark Ltd.
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,676

Year Built

  • Built in 1999

Parking

  • 2 Car Detached Garage
  • Garage Ceilings 7 ft or Higher
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • English Basement
  • Sump Pump

Outdoor Features

  • Deck

Lot Details

  • Lot Dimensions are 29 x 125 x 30 x 125
  • Fenced Yard
  • Paved or Partially Paved Lot

Schools

  • Otis P Graves Elementary School
  • Heritage Middle School
  • Argo Community High School

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,676

Year Built

Built in 1999

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Year Built: 1999
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: English
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump;
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: OTIS P GRAVES ELEMENTARY SCHOOL
  • High School: ARGO COMMUNITY HIGH SCHOOL
  • Middle/Junior School: HERITAGE MIDDLE SCHOOL
  • Elementary School #2: DR DONALD WHARTON ELEMENTARY SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 29 X 125 X 30 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6675.65
  • Tax Year: 2014
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • 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 25, 2015
Closed on
Oct 21, 2015
Sold by
Memishi Taip and Memishi Sonila
Bought by
Seller's Agent
Michael Kaput
First United Realtors, Inc.
Buyer's Agent
Joe Washick
Century 21 Hallmark Ltd.
List Price
$179,900
Sold Price
$175,500
Premium/Discount to List
-$4,400
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 11, 2009
Sold by
Federal Deposit Insurance Corporation
Bought by
Memishi Taip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 13, 2008
Sold by
Reyes Oscar Munoz and Reyes Oscar
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
May 18, 2006
Sold by
Barrios Rosa and Barrios Alberto
Bought by
Reyes Oscar Munoz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 13, 2005
Sold by
Aguirre Vicente and Aguirre Consuelo
Bought by
Barrios Alberto and Barrios Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
6.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 2001
Sold by
Prairie Bank & Trust Company
Bought by
Aguirre Vicente and Aguirre Consuelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
7.02%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$175,500 Attorney
Memishi Taip $115,000 Attorneys Title Guaranty Fun
Indymac Bank Fsb -- None Available
Reyes Oscar Munoz $346,500 Heritage Title Company
Barrios Alberto $305,000 Rtc
Aguirre Vicente $185,000 --
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
Closed $100,000
Closed Memishi Taip $92,000
Previous Owner Reyes Oscar Munoz $346,500
Closed Barrios Alberto $274,500
Previous Owner Aguirre Vicente $138,750
Source: Public Records

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 $8,420 $30,000 $2,719 $27,281
2024 $8,420 $30,000 $2,719 $27,281
2023 $6,755 $30,000 $2,719 $27,281
2022 $6,755 $21,813 $2,344 $19,469
2021 $6,641 $21,812 $2,343 $19,469
2020 $6,709 $21,812 $2,343 $19,469
2019 $8,608 $22,153 $2,156 $19,997
2018 $8,322 $22,153 $2,156 $19,997
2017 $8,337 $22,153 $2,156 $19,997
2016 $5,834 $14,850 $1,875 $12,975
2015 $5,596 $14,850 $1,875 $12,975
2014 $6,676 $17,472 $1,875 $15,597
2013 $5,842 $17,154 $1,875 $15,279
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08993379

Midwest Real Estate Data (MRED)
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