$415,500
$399,900
3.9%For more information regarding the value of a property, please contact us for a free consultation.
7208 Park AVE Summit, IL 60501
7 Beds
4 Baths
3,484 Sqft Lot
Key Details
Sold Price $415,500
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11914136
Sold Date 12/07/23
Bedrooms 7
Year Built 1964
Annual Tax Amount $8,642
Tax Year 2022
Lot Size 3,484 Sqft
Property Sub-Type Two to Four Units
Property Description
Great investment rental property. 4-unit brick building 100% occupied. Very well maintained by its owner. Check out the rental income! Owner pays for heat, water and scavenger but laundry's income balances out the expenses. Every unit has window a/c. New water heater installed June 2019. Brand new furnace. No need to do anything. Tenants pay for electric and cooking gas. Close to I55 & Harlem Ave & Archer Ave. Just get it and start collecting rent.
Location
State IL
County Cook
Area Summit
Zoning MULTI
Rooms
Basement None
Interior
Heating Natural Gas
Equipment CO Detectors, Ceiling Fan(s)
Fireplace N
Exterior
Exterior Feature Storms/Screens
Roof Type Asphalt
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 104 , 104, 217
Others
Ownership Fee Simple
Special Listing Condition None
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Sergio Moreno • Solutions Realty & Assoc LLC
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