Movoto Real Estate
Sold on 06/26/2023
Anna Vargas of ARNI Realty Incorporated

5427 S 73rd Ct, Summit, IL 60501

  • $383,000

    Last sold 06/26/2023 for $370K

  • 4

    bed

  • 3

    bath

Multi-family not for sale
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About 5427 S 73rd Ct

Property type Multi-family
Neighborhood
Year built 1923
HOA fee $0/month
Movoto estimate
Parking 1 garage spaces
Rental estimate
Property description
Great Investment Opportunity! Cash Cow now available! 2 Unit (2 flat) Apartment Building with tons of windows on corner lot (new windows 2019). Property sits up HIGH (owner has never had flooding issues) and comes with fully finished basement also with many windows (finished basement has private rear entrance). Generate rent of $1200-$1300 per unit OR live in one for FREE while you rent the other! Fully finished basement can be occupied by family or relative. Newer windows throughout and some updates in the last few months. Coin and App operated common laundry for building is owned by owner and is another income generator. 1st and 2nd floor pay only electric. Gas utility is covered in rents. Building has a one car garage, an open carport in rear of building for a second car AND bonus - tons of always available street parking due to being on the corner! Spacious backyard for gatherings. Very walkable - walk to shops, restaurants, and park district in great, quiet neighborhood. Conveniently located only a few minutes from the I-55 Stevenson expressway ramp - close enough to the expressway WITHOUT the noise! Solid brick building waiting for the novice OR seasoned investor OR owner occupier! Building fully vacant and ready for immediate showings. Apartment buildings for sale are RARE. Don't miss out on this opportunity. It will not last! Offer Submission Schedule: -Monday, 6/26 by noon - submission of highest and best terms offer -Tuesday, 6/27 - Seller will review all offers and accept best one
Listed by
Listing Agent - Anna Vargas
Listing Office - ARNI Realty Incorporated
Source: MRED mls logo
MLS#11814796 • last updated 2 years ago
Movoto checked MRED for data 10 minutes ago
Overview
Heating Radiator(s)
MLS # 11814796
SubType 2 Flat
Status Closed
Type Two To Four Units
Property Tax $ 5874.68
Year Built 1923
Buyer Agent Commission 2.5% -$395 ON NET SALE PRICE, % Of Net Sale Price
Interior
Basement English, Finished
Total # of Rooms 10
Exterior
Garage Desc Garage Door Opener(s), Detached
# Garage Spaces 1
# Parking Spaces 2
Lot Desc Less Than 0.25 Acre, Corner Lot
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Lake Michigan
# Units in Building 2
Location
Area Summit
County Cook
Elementary School District 104
High School Argo Community High School
Middle School District 104
High School District 217
APN 18124170010000
Directions One Block North Of Archer Ave And Two Blocks West Of Harlem Ave
$383K
Range: $317K-$448K
Last 30 days 
Rental est.: $12,741/month
Gross rent multiplier: 2.5 - Excellent
  • Sep 2023
    mls logo MLS # 11814796
  • Sep 1, 2023 Sold
    $370,000 (-1.3%)
  • Jun 27, 2023 Active
  • Jun 22, 2023 Listed
    $375,000
  • Jun 2023
    mls logo MLS # 11812147
  • Jun 20, 2023 Listed
    $375,000 (+63.8%)
  • Jul 2017
    mls logo MLS # 09617593
  • Jul 31, 2017 Cancelled
  • Jun 2, 2017 Price Change
    $229,000 (-8.0%)
  • May 5, 2017 Listed
    $249,000
  • 5427 S 73rd Ct
    $370K
  • Summit
  • 60501
    $304K +10% y/y
  • Summit
    $304K +6% y/y
No chart available
Statistics calculated by Movoto

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6/10
3/10
3/10
5/10
Source: GreatSchools.org © 2026. All rights reserved.

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