Closed

$291,500

7243 W 61st St, Summit, IL 60501

5beds

--sqft

Multi Family

Built in 1963

-- sqft lot

$341,600 Zestimate^®

$--/sqft

$2,033 Estimated rent

Home value

$341,600

$307,000 - $379,000

$2,033/mo

Zestimate^® history

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$2,033/mo

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What's special

Corner lotCentral air

This two-unit property on a corner lot right across from Legion Park offers great potential. The 1st-floor unit features 3 bedrooms, 1 bath, a living room, and a separate dining room. The 2nd-floor unit has 2 bedrooms, 1 bath, a living room, and a dining room. Recent updates include a new furnace (2024), water heaters (2019 & 2020), and some newer windows. The 1st floor has central air, and A/C can easily be added to the 2nd floor. Located two minutes from Heritage Middle School, Argo Community High School, and five minutes from I-55, Aldi, and Walgreens. Moderate condition-ideal for investors or homeowners.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 3

Heating

Forced Air

Appliances

Included: Multiple Water Heaters

Features

Windows: Screens
Basement: Partially Finished,Full

Property

Parking

Total spaces: 4
Parking features: On Site, Garage Owned, Detached, Driveway, Owned, Garage
Garage spaces: 2
Has uncovered spaces: Yes

Features

Patio & porch: Patio
Fencing: Fenced

Lot

Size: 5,000 sqft
Dimensions: 40X125
Features: Corner Lot

Details

Parcel number: 18134180270000
Zoning: MULTI
Special conditions: None
Other equipment: Ceiling Fan(s), Sump Pump

Construction

Type & style

Home type: MultiFamily
Architectural style: Cape Cod
Property subtype: Multi Family

Materials

Brick

Condition

New construction: No
Year built: 1963

Utilities & green energy

Sewer: Public Sewer
Water: Lake Michigan

Community & neighborhood

Community

Community features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Location

Region: Summit

Other

Other facts

Listing terms: Conventional
Ownership: Fee Simple

Price history

Date	Event	Price
12/5/2024	Sold	$291,500+12.1%
Source: MRED as distributed by MLS GRID #12174040 Report a problem
10/3/2024	Contingent	$259,999
Source: MRED as distributed by MLS GRID #12174040 Report a problem
9/26/2024	Listed for sale	$259,999
Source: MRED as distributed by MLS GRID #12174040 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	--	$26,172
2023	$9,170 +7.6%	$26,172 +32.5%
2022	$8,524 +2.8%	$19,757
2021	$8,295 -2.3%	$19,757
2020	$8,493 -1.3%	$19,757 +5.6%
2019	$8,602 +3.4%	$18,711
2018	$8,319 +0.1%	$18,711
2017	$8,307 +11.2%	$18,711 +18.2%
2016	$7,474 +3.2%	$15,825
2015	$7,243 +2.2%	$15,825
2014	$7,089 -2.1%	$15,825 -12.1%
2013	$7,240 -3.9%	$17,998
2012	$7,536 +8%	$17,998
2011	$6,976 -24.9%	$17,998 -33.2%
2010	$9,287 +48.3%	$26,942
2009	$6,264 +207.2%	$26,942 -7%
2008	$2,039 -10%	$28,969 +10.8%
2007	$2,266 -4.2%	$26,151
2006	$2,365 +10.9%	$26,151
2005	$2,133 -12.5%	$26,151 +28.1%
2004	$2,436 -5.5%	$20,420
2003	$2,577 +5.7%	$20,420
2002	$2,437 -9.6%	$20,420 +21.7%
2001	$2,696 +8.5%	$16,779
2000	$2,484 -8%	$16,779
1999	$2,701	$16,779

Find assessor info on the county website

Neighborhood: 60501

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Nearby schools

GreatSchools rating

5/10
Otis P Graves Elementary School
Grades: PK-5Distance: 0.2 mi
6/10
Heritage Middle School
Grades: 6-8Distance: 0.2 mi
6/10
Argo Community High School
Grades: 9-12Distance: 0.3 mi

Schools provided by the listing agent

Elementary: Walsh Elementary School
Middle: Heritage Middle School
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.