NOT LISTED FOR SALE

7554 W 61st St Summit, IL 60501

8 Beds
4 Baths
-- Sq Ft
1925 Built

Sale Details

Date Sold: April 20, 2020

Last sale price $240,000

8 Days on Market

Highlights

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

About This Home

As of April 2020

BRICK FOUR FLAT IN THE HEART OF SUMMIT, OFFERING 4, 2 BEDROOM APARTMENTS, LIVE IN ONE AND LET THE RENTS PAY THE MORTGAGE. COME AND TAKE A LOOK AT THIS WELL KEPT GEM. CLOSE TO SCHOOLS, PUBLIC TRANSPORTATION, AND MINUTES FROM I55.

Last Agent to Sell the Property

Maria Rodriguez

Re/Max In The Village License #471008103 Listed on: 02/08/2020

Re/Max In The Village

Last Buyer's Agent

Diana Arellano

Diana Arellano License #471010109

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,648

Year Built

  • Built in 1925 | Remodeled in 2012

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Lot Details

  • Lot Dimensions are 125x30

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,648

Year Built

Built in 1925 | Remodeled in 2012

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2012
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2012

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 125X30
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 9648.43
  • Tax Year: 2018

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat,2 Story Unit/s
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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 Prior Sale
04/20/2020 04/20/20 Sold $240,000 0.0% --
02/16/2020 02/16/20 Pending -- -- --
02/08/2020 02/08/20 For Sale $240,000 +182.4% --
08/28/2012 08/28/12 Sold $85,000 -14.1% -- View Prior Sale
05/21/2012 05/21/12 Pending -- -- --
04/14/2012 04/14/12 Price Changed $99,000 -13.9% --
02/25/2012 02/25/12 For Sale $115,000 -- --
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 $7,948 $26,000 $2,719 $23,281
2024 $7,948 $26,000 $2,719 $23,281
2023 $5,729 $26,000 $2,719 $23,281
2022 $5,729 $16,701 $2,344 $14,357
2021 $5,613 $16,699 $2,343 $14,356
2020 $7,179 $16,699 $2,343 $14,356
2019 $9,977 $21,701 $2,156 $19,545
2018 $9,648 $21,701 $2,156 $19,545
2017 $9,635 $21,701 $2,156 $19,545
2016 $8,129 $17,212 $1,875 $15,337
2015 $7,878 $17,212 $1,875 $15,337
2014 $7,710 $17,212 $1,875 $15,337
2013 $7,618 $18,940 $1,875 $17,065
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10632018

Midwest Real Estate Data (MRED)
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