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  • $370,000

    5427 S 73rd Ct, Summit, IL 60501

    5beds
    --sqft
    Multi Family
    Built in 1923
    -- sqft lot
    $426,800 Zestimate®
    $--/sqft
    $1,728 Estimated rent

    Home value

    $426,800

    $397,000 - $457,000

    $1,728/mo

    Zestimate® history
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    What's special

    Finished basementFully finished basementSolid brick buildingOpen carportPrivate rear entranceSpacious backyardNew windows
    Great Investment Opportunity! Cash Cow now available! 2 Unit (2 flat) Apartment Building with tons of windows on corner lot (new windows 2019). Property sits up HIGH (owner has never had flooding issues) and comes with fully finished basement also with many windows (finished basement has private rear entrance). Generate rent of $1200-$1300 per unit OR live in one for FREE while you rent the other! Fully finished basement can be occupied by family or relative. Newer windows throughout and some updates in the last few months. Coin and App operated common laundry for building is owned by owner and is another income generator. 1st and 2nd floor pay only electric. Gas utility is covered in rents. Building has a one car garage, an open carport in rear of building for a second car AND bonus - tons of always available street parking due to being on the corner! Spacious backyard for gatherings. Very walkable - walk to shops, restaurants, and park district in great, quiet neighborhood. Conveniently located only a few minutes from the I-55 Stevenson expressway ramp - close enough to the expressway WITHOUT the noise! Solid brick building waiting for the novice OR seasoned investor OR owner occupier! Building fully vacant and ready for immediate showings. Apartment buildings for sale are RARE. Don't miss out on this opportunity. It will not last! Offer Submission Schedule: -Monday, 6/26 by noon - submission of highest and best terms offer -Tuesday, 6/27 - Seller will review all offers and accept best one

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Anna Vargas 847-699-8177,

    ARNI Realty Incorporated

    Bought with:

    Greg Cirone

    xr realty

    Source: MRED as distributed by MLS GRID,MLS#: 11814796MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 3
    Heating
    • Radiator(s)
    Features
    • Basement: Finished,Daylight

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener, On Site, Garage Owned, Detached, Alley Access, Garage Faces Side, Owned, Garage
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Lot
    • Size: 3,000 sqft
    • Dimensions: 30 X 100
    • Features: Corner Lot
    Details
    • Parcel number: 18124170010000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Brick
    Condition
    • New construction: No
    • Year built: 1923
    • Major remodel year: 2018

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Community
    • Community features: Park, Pool, Curbs, Sidewalks, Street Lights, Street Paved
    Location
    • Region: Summit

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/10/2023Sold$370,000-1.3%
    Source: MRED as distributed by MLS GRID #11814796 Report a problem
    6/27/2023Contingent$375,000
    Source: MRED as distributed by MLS GRID #11814796 Report a problem
    6/22/2023Listed for sale$375,000
    Source: MRED as distributed by MLS GRID #11814796 Report a problem
    6/22/2023Listing removed--
    Source: MRED as distributed by MLS GRID #11812147 Report a problem
    6/20/2023Listed for sale$375,000+63.8%
    Source: MRED as distributed by MLS GRID #11812147 Report a problem
    7/31/2017Listing removed$229,000
    Source: American Realty Network Inc. #09617593 Report a problem
    6/2/2017Price change$229,000-8%
    Source: American Realty Network Inc. #09617593 Report a problem
    5/5/2017Listed for sale$249,000
    Source: American Realty Network Inc. #09617593 Report a problem
    10/21/2014Listing removed$650
    Source: Owner Report a problem
    10/14/2014Listed for rent$650+8.3%
    Source: Owner Report a problem
    10/28/2013Listing removed$600
    Source: Century 21 - Affiliated Report a problem
    9/27/2013Listed for rent$600
    Source: Century 21 Affiliated Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $28,000 +0%
    2023$8,648 +44.2%$27,999 +61.6%
    2022$5,998 +2.1%$17,322
    2021$5,875 -3.9%$17,322
    2020$6,113 +10.3%$17,322 +11.9%
    2019$5,542 -5.6%$15,485 -6.9%
    2018$5,869 -0.3%$16,635
    2017$5,887 +9%$16,635 +19.4%
    2016$5,400 +4.3%$13,932
    2015$5,176 +1.7%$13,932
    2014$5,090 -11.4%$13,932 -17.6%
    2013$5,743 -4.8%$16,908
    2012$6,035 +4.6%$16,908
    2011$5,771 +9%$16,908 -19.9%
    2010$5,296 +12%$21,111
    2009$4,730 +2.3%$21,111 -7%
    2008$4,625 +1.2%$22,701 +18.7%
    2007$4,570 +2.6%$19,126
    2006$4,456 -15.9%$19,126
    2005$5,300 +35.4%$19,126 +27%
    2004$3,915 +2.8%$15,059
    2003$3,808 +5.3%$15,059
    2002$3,616 +32.5%$15,059 +25%
    2001$2,729 +7%$12,049
    2000$2,551 +21.8%$12,049
    1999$2,095 $12,049

    Find assessor info on the county website

    Neighborhood: 60501

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Argo Community High School
    • District: 104

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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