Great Investment opportunity. All four Apartments are remodeled and in great condition. 3 are two bedrooms and 1 is a one bedroom. Each apartment has a parking space at the rear of the building. Each unit was remodeled approximately 3 years ago. Improvements include new kitchen cabinets with granite countertops, new hardwood floors, remodeled bathrooms, newer appliances. Additionally, the radiator boiler was professionally installed 3 to 4 years ago. You need to see it in person to appreciate the true condition of each remodeled unit.
Closed
$370,000
7234 Park Ave, Summit, IL 60501
7beds
--sqft
Multi Family
Built in 1963
-- sqft lot
$489,200 Zestimate®
$--/sqft
$1,919 Estimated rent
Home value
$489,200
$460,000 - $523,000
$1,919/mo
Zestimate® history
Owner options
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$1,919/mo
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$2,603/mo
Est. payment
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$2,603/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing courtesy of:
Patricia Gamboa 708-484-9900,
First Rate Properties
Bought with:
Angel Ontiveros
RE/MAX Mi Casa
Source: MRED as distributed by MLS GRID,MLS#: 11867455
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas
Features
- Basement: None
Property
Parking
- Total spaces: 4
- Parking features: On Site, Owned
Lot
- Size: 3,125 sqft
- Dimensions: 25X125
Details
- Parcel number: 18124040340000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1963
- Major remodel year: 2021
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Summit
Other
Other facts
- Listing terms: FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 10/16/2023 | Sold | $370,000+2.8% |
Source:  MRED as distributed by MLS GRID #11867455 Report a problem | ||
| 9/6/2023 | Pending sale | $359,900 |
Source: MRED as distributed by MLS GRID #11867455 Report a problem | ||
| 8/28/2023 | Contingent | $359,900 |
Source: MRED as distributed by MLS GRID #11867455 Report a problem | ||
| 8/24/2023 | Listed for sale | $359,900+515.2% |
Source: MRED as distributed by MLS GRID #11867455 Report a problem | ||
| 10/3/2014 | Sold | $58,500-77.5% |
Source: Public Record Report a problem | ||
| 4/7/2008 | Sold | $260,000-17.5% |
Source: Public Record Report a problem | ||
| 4/29/2004 | Sold | $315,000+112.8% |
Source: Public Record Report a problem | ||
| 5/31/1994 | Sold | $148,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $32,000 +0% |
| 2023 | $11,212 +29.8% | $31,999 +59.8% |
| 2022 | $8,637 +23.3% | $20,019 |
| 2021 | $7,007 -3.6% | $20,019 |
| 2020 | $7,272 -25.6% | $20,019 -18.9% |
| 2019 | $9,773 +3.4% | $24,687 |
| 2018 | $9,449 -0.1% | $24,687 |
| 2017 | $9,462 +46.3% | $24,687 +52.5% |
| 2016 | $6,466 -2.8% | $16,189 -5.6% |
| 2015 | $6,650 -13.4% | $17,153 |
| 2014 | $7,683 +3.3% | $17,153 -7.2% |
| 2013 | $7,435 -3.9% | $18,484 |
| 2012 | $7,739 +8% | $18,484 |
| 2011 | $7,165 -20.1% | $18,484 -28.9% |
| 2010 | $8,962 +2.5% | $26,000 |
| 2009 | $8,746 -7.9% | $26,000 -14.8% |
| 2008 | $9,493 +36.3% | $30,520 +15.6% |
| 2007 | $6,962 +2.6% | $26,411 |
| 2006 | $6,789 +21.5% | $26,411 |
| 2005 | $5,587 -6.3% | $26,411 +20.4% |
| 2004 | $5,965 -5.5% | $21,928 |
| 2003 | $6,311 +5.4% | $21,928 |
| 2002 | $5,990 +34.8% | $21,928 +19.5% |
| 2001 | $4,443 -4.6% | $18,346 |
| 2000 | $4,656 +27.3% | $18,346 |
| 1999 | $3,659 | $18,346 |
Find assessor info on the county website
Neighborhood: 60501
Nearby schools
GreatSchools rating
- 7/10Walsh Elementary SchoolGrades: K-5Distance: 0.6 mi
- 6/10Heritage Middle SchoolGrades: 6-8Distance: 1 mi
- 6/10Argo Community High SchoolGrades: 9-12Distance: 1.4 mi
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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- Illinois
- Cook County
- Summit
- 60501
- 7234 Park Ave
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