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Sold on 07/10/2023
Louis Kiessling of City Life Realty

7216 W 59th St, Summit, IL 60501

  • $571,000

    Last sold 07/10/2023 for $460K

  • 8

    bed

  • 4

    bath

Multi-family not for sale
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About 7216 W 59th St

Property type Multi-family
Neighborhood
HOA fee $0/month
Lot size 3,049 Sqft
Movoto estimate
Parking 4 garage spaces
Property description
High Class Brick 4 unit in nice area in Summit. Oversized lot with hug 3 car garage. Most luxurious 4 unit brick building in Summit. Also brings in $100/ month for laundry machines and $250.00/ month for the garage rental. LA related to seller.
Listed by
Listing Agent - Louis Kiessling
Listing Office - City Life Realty
Source: MRED mls logo
MLS#11822112 • last updated 2 years ago
Movoto checked MRED for data 11 minutes ago
Overview
Heating Natural Gas
MLS # 11822112
SubType 4 Flat
Status Closed
Type Two To Four Units
Lot Size (Acres) 0.07
Property Tax $ 12789
Buyer Agent Commission 2.5-$100, Net Sale Price
Interior
Basement Full, Unfinished
Total # of Rooms 20
Exterior
Foundation Concrete Perimeter
Roof Asphalt
Exterior Brick
Garage Desc Detached
# Garage Spaces 4
Parking Desc Garage
# Parking Spaces 4
Lot Desc .25-.49 Acre
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Lake Michigan
# Units in Building 4
Location
Area Summit
County Cook
Elementary School Dr Donald Wharton Elementary Sch
Elementary School District 104
Middle School District 104
Middle School Dr Donald Wharton Elementary Sch
High School District 217
APN 18132300320000
Zoning MULTI
Directions Harlem To 59th West To Property
Multifamily Details
Expense: Other 9555
Net Operating Income 47455
Gross Income 57000
Total Rental Income 57000
$571K
Range: $468K-$673K
Last 30 days 
  • Jul 2023
    mls logo MLS # 11822112
  • Jul 11, 2023 Active
    —
  • Jul 2, 2023 Listed
    $459,900
  • Jul 2022
    mls logo MLS # 11387187
  • Jul 13, 2022 Hold
    —
  • Jun 1, 2022 Active
    —
  • May 13, 2022 Price Change
    $459,900 (-4.2%)
  • Apr 27, 2022 Listed
    $479,900 (-12.3%)
  • Jun 2021
    mls logo MLS # 10884157
  • Jun 29, 2021 Active
    —
  • May 10, 2021 Price Change
    $546,900 (-0.5%)
  • Mar 23, 2021 Price Change
    $549,900 (-4.3%)
  • Oct 27, 2020 Price Change
    $574,900 (-11.5%)
  • Sep 28, 2020 Listed
    $649,900 (+52.6%)
  • Mar 2020
    mls logo MLS # 10560854
  • Mar 3, 2020 Expired
    —
  • Nov 1, 2019 Price Change
    $425,900 (+6.5%)
  • Oct 29, 2019 Listed
    $399,900
  • 7216 W 59th St
    $460K
  • Summit
    —
  • 60501
    $330K +10% y/y
  • Summit
    $334K +12% 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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