Closed

$415,500

7208 Park Ave, Summit, IL 60501

7beds

--sqft

Multi Family

Built in 1964

-- sqft lot

$510,800 Zestimate^®

$--/sqft

$1,858 Estimated rent

Home value

$510,800

$475,000 - $547,000

$1,858/mo

Zestimate^® history

Owner options

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$1,858/mo

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$1,858/mo

Rent Zestimate^®

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$2,923/mo

Est. payment

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$2,923/mo

Est. payment

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What's special

Great investment rental property. 4-unit brick building 100% occupied. Very well maintained by its owner. Check out the rental income! Owner pays for heat, water and scavenger but laundry's income balances out the expenses. Every unit has window a/c. New water heater installed June 2019. Brand new furnace. No need to do anything. Tenants pay for electric and cooking gas. Close to I55 & Harlem Ave & Archer Ave. Just get it and start collecting rent.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4
Full bathrooms: 4

Heating

Natural Gas

Features

Windows: Screens
Basement: None

Property

Parking

Total spaces: 4
Parking features: On Site, Owned

Lot

Size: 3,484 sqft

Details

Parcel number: 18124040220000
Zoning: MULTI
Special conditions: None
Other equipment: Ceiling Fan(s)

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick
Foundation: Brick/Mortar
Roof: Asphalt

Condition

New construction: No
Year built: 1964

Details

Builder model: 4 UNIT BUILDING

Utilities & green energy

Sewer: Public Sewer
Water: Lake Michigan

Community & neighborhood

Security

Security features: Carbon Monoxide Detector(s)

Location

Region: Summit

Other

Other facts

Listing terms: Conventional
Ownership: Fee Simple

Price history

Date	Event	Price
12/7/2023	Sold	$415,500+3.9%
Source: MRED as distributed by MLS GRID #11914136 Report a problem
10/28/2023	Contingent	$399,900
Source: MRED as distributed by MLS GRID #11914136 Report a problem
10/23/2023	Listed for sale	$399,900+37.9%
Source: MRED as distributed by MLS GRID #11914136 Report a problem
10/7/2021	Sold	$290,000-3%
Source: MRED as distributed by MLS GRID #11150608 Report a problem
7/15/2021	Pending sale	$299,000
Source: BHHS Chicago #11150608 Report a problem
7/15/2021	Contingent	$299,000
Source: MRED as distributed by MLS GRID #11150608 Report a problem
7/9/2021	Listed for sale	$299,000+51.8%
Source: MRED as distributed by MLS GRID #11150608 Report a problem
11/16/2018	Sold	$197,000-8.6%
Source: Berkshire Hathaway HomeServices Koenig Rubloff #10078928_60501 Report a problem
9/25/2018	Pending sale	$215,500
Source: Kale Realty #10078928 Report a problem
9/11/2018	Listed for sale	$215,500+123.3%
Source: Kale Realty #10078928 Report a problem
2/15/2014	Listing removed	$96,500
Source: Real People Realty #08220543 Report a problem
12/21/2013	Pending sale	$96,500
Source: Real People Realty #08220543 Report a problem
12/18/2013	Price change	$96,500+38.1%
Source: Real People Realty #08220543 Report a problem
5/29/2013	Pending sale	$69,900
Source: Real People Realty #08220543 Report a problem
5/26/2013	Listed for sale	$69,900
Source: Real People Realty #08220543 Report a problem

Public tax history

Tax history is unavailable.

Neighborhood: 60501

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Nearby schools

GreatSchools rating

7/10
Walsh Elementary School
Grades: K-5Distance: 0.7 mi
6/10
Heritage Middle School
Grades: 6-8Distance: 1 mi
6/10
Argo Community High School
Grades: 9-12Distance: 1.4 mi

Schools provided by the listing agent

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.