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$ 350,000
Est. payment /mo
Active
7548 W 61st ST Summit, IL 60501
8 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12519853
Bedrooms 8
Year Built 1915
Annual Tax Amount $6,987
Tax Year 2024
Lot Dimensions 30x125
Property Sub-Type Two to Four Units
Property Description
Great investment opportunity! This legal 4-unit frame building offers tremendous potential and is being sold as-is. The property includes two 2BD/1BA units in the front and two smaller rear units with more compact bedrooms. City violations are present, and the Village of Summit requires the buyer to post a $30,000 bond. Cash offers preferred. Don't miss this value-add opportunity with excellent upside for the right investor.
Location
State IL
County Cook
Area Summit
Rooms
Basement Partially Finished, Full
Interior
Heating Natural Gas, Forced Air, Steam
Fireplace N
Exterior
Garage Spaces 2.0
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Frame, No
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Schools
High Schools Argo Community High School
School District 104 , 104, 217
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jose Hernandez of Coldwell Banker Realty