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Sold on 03/14/2023
Bill Erdman of Century 21 Circle

7206 Park Ave, Summit, IL 60501

  • $330,000

    Last sold 03/14/2023 after 8 Days

  • 7

    bed

  • 4

    bath

Multi-family not for sale
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About 7206 Park Ave

Property type Multi-family
Neighborhood
Year built 1976
HOA fee $0/month
Lot size 3,920 Sqft
Property description
Excellent Investment Opportunity! Convenient Summit location near Expressway and Archer Avenue! Brick 4 Unit with parking for 4 cars and a side Yard! 3 units are 4 Room 2 bedrooms and 4th unit is 3 Room with 1 Bedroom. Separate Laundry Room with coin-op washer and dryer for additional income. 2 bedrooms rent for $875 with room to grow and the 1 bedroom rents for $750. One unit currently vacant because property is for sale. 4 stoves and 4 Fridges will remain with Building. New carpeting and paint both upper units.
Listed by
Listing Agent - Bill Erdman
Listing Office - Century 21 Circle
Source: MRED mls logo
MLS#11731241 • last updated 3 years ago
Movoto checked MRED for data 24 minutes ago
Overview
MLS # 11731241
SubType 4 Flat
Status Closed
Type Two To Four Units
Lot Size (Acres) 0.09
Property Tax $ 8299.89
Year Built 1976
Buyer Agent Commission 2.25%-$350, % Of Net Sale Price
Interior
Basement None, Crawl
Total # of Rooms 15
Exterior
Exterior Brick
Parking Desc Space/s, Alley Access
# Parking Spaces 4
Lot Desc Less Than 0.25 Acre, Corner Lot
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Lake Michigan
# Units in Building 4
Location
Area Summit
County Cook
Elementary School District 104
Middle School District 104
High School District 217
APN 18124040840000
Zoning MULTI
Directions Harlem To Hanover East To 73rd North To Park To 7206
We are not permitted to show value estimates for this property.
  • May 2023
    mls logo MLS # 11731241
  • May 8, 2023 Sold
    $330,000 (-2.9%)
  • Mar 15, 2023 Active
    —
  • Mar 6, 2023 Listed
    $339,900 (+27.5%)
  • Nov 2020
    mls logo MLS # 10844693
  • Nov 16, 2020 Sold
    $266,500 (+0.6%)
  • Sep 12, 2020 Contingent
    —
  • Sep 2, 2020 Listed
    $265,000
  • 7206 Park Ave
    $330K
  • Summit
    —
  • 60501
    $304K +10% y/y
  • Summit
    $304K +6% y/y
No chart available
Statistics calculated by Movoto

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6/10
Walsh Elementary School
public Grades K-4
Summit School District 104
3/10
W W Walker Elementary School
public Grades K-4
Summit School District 104
3/10
Heritage Middle School
public Grades 6-8
Summit School District 104
5/10
Argo Community High School
public Grades 9-12
Argo Chsd 217 School District
Source: GreatSchools.org © 2026. All rights reserved.

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