Here is a solid investment for the beginner or well-seasoned. Fully occupied building with parking. Bonus, there is an extra lot behind the building that seller rents out, coin operated washer & dryer that also brings income and they belong to owner. Building is solid and some updates have been made. Rents should be higher for the area in my opinion. Don't miss out come and see for yourself! **Buyer uses Huntington Bank, closing costs are COVERED! Buyer is responsible for $500 at closing** Contact Bisael Ramos NMLS #1492995 3319034333
Closed
$365,000
7236 Park Ave, Summit, IL 60501
7beds
--sqft
Multi Family
Built in 1963
-- sqft lot
$481,900 Zestimate®
$--/sqft
$1,886 Estimated rent
Home value
$481,900
$448,000 - $516,000
$1,886/mo
Zestimate® history
Owner options
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$2,574/mo
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Zillow last checked:
Listing updated:
Listing courtesy of:
Jose Herrera 708-431-1100,
Northlake Realtors
Bought with:
Angel Ontiveros
RE/MAX Mi Casa
Source: MRED as distributed by MLS GRID,MLS#: 11825539
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Steam
Features
- Basement: None
Property
Parking
- Total spaces: 4
- Parking features: Unassigned, On Site, Owned
Lot
- Size: 3,750 sqft
- Dimensions: 30X125
Details
- Parcel number: 18124040350000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Shake
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer, Storm Sewer
- Water: Lake Michigan
Community & neighborhood
Community
- Community features: Curbs, Street Lights, Street Paved
Location
- Region: Summit
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 10/10/2023 | Sold | $365,000+1.4% |
Source:  MRED as distributed by MLS GRID #11825539 Report a problem | ||
| 7/12/2023 | Contingent | $359,900 |
Source: MRED as distributed by MLS GRID #11825539 Report a problem | ||
| 7/7/2023 | Listed for sale | $359,900 |
Source: MRED as distributed by MLS GRID #11825539 Report a problem | ||
| 7/6/2023 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11457441 Report a problem | ||
| 1/31/2023 | Contingent | $359,900 |
Source: MRED as distributed by MLS GRID #11457441 Report a problem | ||
| 1/23/2023 | Price change | $359,900-2.7% |
Source: MRED as distributed by MLS GRID #11457441 Report a problem | ||
| 11/1/2022 | Price change | $369,900-2.6% |
Source: MRED as distributed by MLS GRID #11457441 Report a problem | ||
| 7/7/2022 | Listed for sale | $379,900+153.3% |
Source: MRED as distributed by MLS GRID #11457441 Report a problem | ||
| 11/11/2015 | Sold | $150,000+284.6% |
Source: MRED as distributed by MLS GRID #08986849 Report a problem | ||
| 8/23/2012 | Sold | $39,000-81% |
Source: Public Record Report a problem | ||
| 11/10/2008 | Sold | $205,000+34% |
Source: Public Record Report a problem | ||
| 7/30/1998 | Sold | $153,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $32,000 +0% |
| 2023 | $11,212 +20.5% | $31,999 +48.3% |
| 2022 | $9,307 +2.8% | $21,572 |
| 2021 | $9,057 -2.3% | $21,572 |
| 2020 | $9,273 -4.9% | $21,572 +1.7% |
| 2019 | $9,755 +3.4% | $21,219 |
| 2018 | $9,434 -0.7% | $21,219 -14.4% |
| 2017 | $9,503 +36.7% | $24,779 +44% |
| 2016 | $6,950 +4.1% | $17,212 |
| 2015 | $6,677 +1.8% | $17,212 |
| 2014 | $6,559 +335.3% | $17,212 +329.3% |
| 2013 | $1,507 -77.5% | $4,009 -78.4% |
| 2012 | $6,711 +4.9% | $18,524 |
| 2011 | $6,397 -28.9% | $18,524 -35.5% |
| 2010 | $8,998 +12% | $28,738 |
| 2009 | $8,036 +12.7% | $28,738 -7% |
| 2008 | $7,133 -14.2% | $30,902 +16.7% |
| 2007 | $8,315 +0.7% | $26,485 |
| 2006 | $8,260 +12.6% | $26,485 |
| 2005 | $7,339 +10.9% | $26,485 +19.4% |
| 2004 | $6,618 +3.7% | $22,175 |
| 2003 | $6,382 +5.4% | $22,175 |
| 2002 | $6,058 +21.7% | $22,175 +21.3% |
| 2001 | $4,976 +7.2% | $18,282 |
| 2000 | $4,640 +9.8% | $18,282 |
| 1999 | $4,225 | $18,282 |
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
- 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
- 7236 Park Ave
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