Beautifully maintained threeunit brick building in an excellent location - originally rehabbed a few years ago with additional recent upgrades by the current owner including a new parking pad, separate furnaces and water heaters for each unit, refinished surfaces and new flooring throughout; units were freshly painted when the owner took over and tenants pay on time, making this a smoothly operating investment or ideal owneroccupied property. The lower level unit is 2 bedrooms/1 bath and the two upper units are 3 bedrooms/1 bath each, with utilities separated for simple tenant billing and low landlord overhead.
Closed
$565,000
7508 W 59th St, Summit, IL 60501
8beds
--sqft
Multi Family
Built in 1918
-- sqft lot
$569,400 Zestimate®
$--/sqft
$1,683 Estimated rent
Home value
$569,400
$518,000 - $626,000
$1,683/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listing courtesy of:
Sandy Ortiz-Ramirez 773-430-1656,
Realty of America, LLC
Bought with:
Abraham Ponce
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 12579266
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Soaking Tub
Heating
- Natural Gas, Forced Air
Features
- Basement: Finished,Exterior Entry,Storage Space,Full
Property
Parking
- Total spaces: 6
- Parking features: Unassigned, Off Alley, Alley Access, Yes, Owned
Lot
- Size: 3,484 sqft
- Dimensions: 31X124
Details
- Parcel number: 18132270320000
- Zoning: MULTI
- Special conditions: None
- Other equipment: Ceiling Fan(s), Sump Pump
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Brick
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1918
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Community
- Community features: Street Lights
Location
- Region: Summit
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Sold | $565,000-2.2% |
Source:  MRED as distributed by MLS GRID #12579266 Report a problem | ||
| 4/7/2026 | Contingent | $577,500 |
Source: MRED as distributed by MLS GRID #12579266 Report a problem | ||
| 2/27/2026 | Listed for sale | $577,500-0.4% |
Source: MRED as distributed by MLS GRID #12579266 Report a problem | ||
| 2/25/2026 | Listing removed | $579,900 |
Source: MRED as distributed by MLS GRID #12535900 Report a problem | ||
| 12/29/2025 | Listed for sale | $579,900+100% |
Source: MRED as distributed by MLS GRID #12535900 Report a problem | ||
| 11/16/2021 | Sold | $290,000+625% |
Source: MRED as distributed by MLS GRID #11213228 Report a problem | ||
| 5/15/2014 | Sold | $40,000-55.6% |
Source: Public Record Report a problem | ||
| 1/17/1996 | Sold | $90,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $24,000 +0% |
| 2023 | $8,409 +8.7% | $23,999 +33.9% |
| 2022 | $7,734 +2.8% | $17,926 |
| 2021 | $7,526 -2.3% | $17,926 |
| 2020 | $7,706 -1.1% | $17,926 +5.8% |
| 2019 | $7,793 +3.4% | $16,950 |
| 2018 | $7,536 +0.1% | $16,950 |
| 2017 | $7,526 +10.5% | $16,950 +17.5% |
| 2016 | $6,813 +3.2% | $14,426 |
| 2015 | $6,603 +2.2% | $14,426 |
| 2014 | $6,462 -4.4% | $14,426 -14.2% |
| 2013 | $6,762 -3.9% | $16,810 |
| 2012 | $7,038 +8% | $16,810 |
| 2011 | $6,516 -20% | $16,810 -28.9% |
| 2010 | $8,148 +2.5% | $23,639 |
| 2009 | $7,951 +0.6% | $23,639 -7% |
| 2008 | $7,906 +14.5% | $25,420 +15.5% |
| 2007 | $6,908 +0.7% | $22,001 |
| 2006 | $6,862 +12.6% | $22,001 |
| 2005 | $6,097 +23.4% | $22,001 +32.9% |
| 2004 | $4,942 +3.7% | $16,559 |
| 2003 | $4,766 +5.4% | $16,559 |
| 2002 | $4,524 +55% | $16,559 +29.9% |
| 2001 | $2,918 +7% | $12,746 |
| 2000 | $2,728 +16.6% | $12,746 |
| 1999 | $2,339 | $12,746 |
Find assessor info on the county website
Neighborhood: 60501
Nearby schools
GreatSchools rating
- 5/10Otis P Graves Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 6/10Heritage Middle SchoolGrades: 6-8Distance: 0.3 mi
- 6/10Argo Community High SchoolGrades: 9-12Distance: 0.6 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.
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- Illinois
- Cook County
- Summit
- 60501
- 7508 W 59th St
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