Rarely available multi-unit home ready for new owner/investor! Perfect opportunity for an instant money making investment opportunity or Live in one unit while renting out the other. Updated first floor unit offers white cabinetry, all new flooring through out, freshly painted and updated bathroom! Very well maintained! Boiler less than 5 years old, newer windows through out, water hater replaced in 2019, updated electrical panels. Property also offers a 2 car garage! Quiet area and excellent location with close proximity to expressway. Better yet, this home could qualify for a no PMI conventional loan with minimal down, contact listing agent for more information!
Closed
$374,000
7237 Park Ave, Summit, IL 60501
5beds
--sqft
Multi Family
Built in 1961
-- sqft lot
$399,400 Zestimate®
$--/sqft
$1,872 Estimated rent
Home value
$399,400
$355,000 - $447,000
$1,872/mo
Zestimate® history
Owner options
List your home for rent
$1,872/mo
Rent Zestimate®
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$1,872/mo
Rent Zestimate®
Refinance and save
$2,651/mo
Est. payment
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$2,651/mo
Est. payment
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List your homeWhat's special
Updated bathroomWhite cabinetryNewer windowsNew flooring
Zillow last checked:
Listing updated:
Listing courtesy of:
Lauren Calero 630-618-6176,
RE/MAX of Naperville,
Michael Lenz 630-618-6176,
RE/MAX of Naperville
Bought with:
Alba Diaz
Premier EA Realty LLC
Source: MRED as distributed by MLS GRID,MLS#: 12285833
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Radiator(s)
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: Garage Owned, Detached, Garage
- Garage spaces: 2
Lot
- Size: 4,575 sqft
Details
- Parcel number: 18124050420000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Community
- Community features: Sidewalks, Street Paved
Location
- Region: Summit
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2025 | Sold | $374,000-0.2% |
Source:  MRED as distributed by MLS GRID #12285833 Report a problem | ||
| 3/1/2025 | Contingent | $374,900 |
Source: MRED as distributed by MLS GRID #12285833 Report a problem | ||
| 2/6/2025 | Listed for sale | $374,900-2.6% |
Source: MRED as distributed by MLS GRID #12285833 Report a problem | ||
| 2/6/2025 | Listing removed | $384,900 |
Source: MRED as distributed by MLS GRID #12274529 Report a problem | ||
| 1/21/2025 | Listed for sale | $384,900-2.6% |
Source: MRED as distributed by MLS GRID #12274529 Report a problem | ||
| 1/21/2025 | Listing removed | $395,000 |
Source: MRED as distributed by MLS GRID #12265565 Report a problem | ||
| 1/9/2025 | Listed for sale | $395,000 |
Source: MRED as distributed by MLS GRID #12265565 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $29,000 +0% |
| 2023 | $8,767 +16.6% | $28,999 +34.7% |
| 2022 | $7,517 +2.1% | $21,526 |
| 2021 | $7,360 -3.8% | $21,526 |
| 2020 | $7,653 +14.2% | $21,526 +15.2% |
| 2019 | $6,699 +3.5% | $18,687 |
| 2018 | $6,476 -0.4% | $18,687 |
| 2017 | $6,499 +7.1% | $18,687 +16.4% |
| 2016 | $6,065 +4.5% | $16,053 |
| 2015 | $5,804 +18.7% | $16,053 |
| 2014 | $4,890 -14.4% | $16,053 -8.7% |
| 2013 | $5,710 -5.1% | $17,577 |
| 2012 | $6,016 +4.3% | $17,577 |
| 2011 | $5,769 -14.9% | $17,577 -31.7% |
| 2010 | $6,779 +36.5% | $25,727 |
| 2009 | $4,967 +2.3% | $25,727 -7% |
| 2008 | $4,856 +1.2% | $27,664 +11.5% |
| 2007 | $4,798 -11.7% | $24,809 |
| 2006 | $5,434 +12.1% | $24,809 |
| 2005 | $4,846 +33.6% | $24,809 +24.7% |
| 2004 | $3,627 -2.5% | $19,890 |
| 2003 | $3,721 +8.9% | $19,890 +38.8% |
| 2002 | $3,417 +21.7% | $14,330 +16.2% |
| 2001 | $2,807 +7% | $12,336 |
| 2000 | $2,624 +12.4% | $12,336 |
| 1999 | $2,334 | $12,336 |
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: 0.9 mi
- 6/10Argo Community High SchoolGrades: 9-12Distance: 1.3 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
- 7237 Park Ave
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