$475,000 Price Analysis    ♡   Summit, IL 60501 7 bed 5 bath unknown SqFt ($0/SqFt) Built 1970 Listed 2024-02-14, Taxes $8,272 | Ⓧ USDA Ineligible due to location near Bedford Park |
Welcome to your golden opportunity!
* No Longer For Sale *
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This charming brick 2-unit building with a garden unit is packed with potential and offers an exciting future in an up-and-coming area. Each unit has its own unique appeal. The open 3-bedroom, 1.5-bathroom layout on the 2nd floor ensures ample space for a growing family. The 1st-floor unit mirrors this generous layout, offering comfort and functionality. Additionally, the garden unit, with its 1 bedr om and 1 bathroom, provides a cozy retreat for a single occupant or couple. You'll love the convenience of the 2-car garage, which provides secure parking for your vehicles and extra storage space. One of the key advantages of this property is the separate utilities for each unit, giving you and your tenants control over your own expenses.
Wall units are installed to cool the apartments, ensuring a comfortable living environment all year round. Heated by affordable baseboard heat. Situated next to a park, this property is perfect for families who enjoy outdoor activities and picnics. Plus, with new construction projects popping up across the street, you'll be at the forefront of this area's growth and development. Whether you're an investor looking for a profitable opportunity or a homeowner seeking a comfortable place to live with the added benefit of extra income(estimated rents for 3 bed are $2200-$2400, 1 bed $1100-1200), this property offers a world of possibilities. Don't miss out on this chance to make this versatile property your own and unlock its incredible potential. Schedule a viewing today and take the first step toward securing your future in this thriving neighborhood!
Presented by Oscar Darden at
DEI Realty LLC.
Property MLS #11980415 from MRED
Bedrooms Possible: 7
Basement Features: Full
Basement Description: Finished
Full Bathrooms: 3
1/2 Bathrooms: 2
Garage Description: Detached
Parking Total: 2
Calculated Total Monthly Association Fees: 0
High School District: 104
Map directions Map directions Map directions Map directionsBedrooms in Unit-2: 3
Bedrooms in Unit-3: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Half Bathrooms in Unit-2: 1
Half Bathrooms in Unit-3: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 8
Total Rooms in Unit-3: 8
Source Listing Status: Closed
County: Cook
Directions: TAKE HARLEM TOWARDS ARCHER.. THEN HANOVER STEET(54TH ST ) WEST TO PROPERTY.
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 18124200120000
Township: Lyons
Property Subtype: Two to Four Units
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $17,261 + $2,441 $19,702 | $8,272 |
| 2020 | $17,261 + $2,441 $19,702 | $8,469 |
| 2019 | $27,058 + $2,246 $29,304 | $13,472 |
| 2018 | $27,058 + $2,246 $29,304 | $13,028 |
| 2017 | $27,058 + $2,246 $29,304 | $13,010 |
| 2016 | $20,982 + $1,953 $22,935 | $10,831 |
| 2015 | $20,982 + $1,953 $22,935 | $10,497 |
| 2014 | $20,982 + $1,953 $22,935 | $10,273 |
| 2013 | $19,239 + $1,953 $21,192 | $8,524 |
| 2012 | $19,239 + $1,953 $21,192 | $8,873 |
| 2011 | $19,239 + $1,953 $21,192 | $8,214 |
| 2010 | $33,051 + $1,953 $35,004 | $12,065 |
| 2009 | $33,051 + $1,953 $35,004 | $11,774 |
| 2007 | $32,166 + $3,125 $35,291 | $11,080 |
| 2006 | $32,166 + $3,125 $35,291 | $11,006 |
$430,000
MRED
Listed 2024-02-14
$475,000
MRED
Property Age: 54
Water Source: Public
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.