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$350,000

Est. payment - /mo

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8 Beds

5 Baths

Active

7548 W 61st ST Summit, IL 60501

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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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

Listed by Jose Hernandez of Coldwell Banker Realty

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106