Summit, IL 60501,7506 W Hanover ST
See all 11 photos
Summit, IL 60501,7506 W Hanover ST
Summit, IL 60501,7506 W Hanover ST
Summit, IL 60501,7506 W Hanover ST
Summit, IL 60501,7506 W Hanover ST

$430,000

Est. payment /mo

$475,000

9.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

7506 W Hanover ST Summit, IL 60501

7 Beds

5 Baths

SOLD DATE : 05/16/2024

Key Details

Sold Price $430,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11980415

Sold Date 05/16/24

Bedrooms 7

Year Built 1970

Annual Tax Amount $8,500

Tax Year 2022

Lot Dimensions 3907

Property Sub-Type Two to Four Units

Property Description

Welcome to your golden opportunity! 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 spacious 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 bedroom 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 very 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!

Location

State IL

County Cook

Area Summit

Rooms

Basement Full

Interior

Heating Natural Gas, Baseboard

Fireplace N

Exterior

Parking Features Detached

Garage Spaces 2.0

Building

Sewer Public Sewer

Water Public

New Construction false

Schools

Elementary Schools Argo Community High School

School District 217 , 217, 104

Others

Ownership Fee Simple

Special Listing Condition None

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Midwest Real Estate Data (MRED) IDX
Listed by Oscar Darden • DEI Realty LLC
Bought with Crystal Chavez • Premiere Realty Group Inc
agent

Neil Hackler

Real Estate Advisor | License ID: 167138

+1(773) 677-3479

GET MORE INFORMATION

Name
Phone*
Message