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Sold on 09/14/2021
Bill Erdman of Century 21 Affiliated

7230 Park Ave, Summit, IL 60501

  • $423,000

    Last sold 09/14/2021 for $300K

  • 7

    bed

  • 4

    bath

Multi-family not for sale
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About 7230 Park Ave

Property type Multi-family
Neighborhood
Year built 1963
HOA fee $0/month
Lot size 3,920 Sqft
Movoto estimate
Property description
Excellent Investment opportunity...4 Unit Apartment Building. Three 2 bedroom units and one 1 bedroom unit. Fully occupied. Property in good condition with one unit recently remodeled. Newer flooring in 3 of the 4 units! 5 electric Meters and 5 Gas meters. Seller provides heat. All appliances stay including coin operated washer and dryer. Parking for four cars in rear of property. Great location near Archer and I-55.
Listed by
Listing Agent - Bill Erdman
Listing Office - Century 21 Affiliated
Source: MRED mls logo
MLS#11190420 • last updated 4 years ago
Movoto checked MRED for data 13 minutes ago
Overview
MLS # 11190420
SubType 4 Flat
Status Closed
Type Two To Four Units
Lot Size (Acres) 0.09
Property Tax $ 7433.22
Year Built 1963
Interior
Basement None, Crawl
Add'l Room(s) Utility Room-1st Floor
Total # of Rooms 15
Exterior
Foundation Concrete Perimeter
Roof Asphalt
Exterior Brick
Parking Desc Space/s, None
# Parking Spaces 4
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
# Units in Building 4
Location
Area Summit
County Cook
Elementary School District 104
Middle School District 217
High School District 104
APN 18124040320000
Zoning MULTI
Directions Harlem To Archer-west To 73rd- North On 73rd To Park St.- 7230 West
Multifamily Details
Unit 4: # Full Bath 1
Unit 3: # Full Bath 1
Unit 2: # Full Bath 1
Unit 1: # Full Bath 1
Unit 1: Total # of Rooms 4
Unit 2: Total # of Rooms 3
Unit 3: Total # of Rooms 4
Unit 4: Total # of Rooms 4
Unit 1: Lease Expiration Date MO/MO
Unit 3: Lease Expiration Date MO/MO
Unit 2: Lease Expiration Date MO/MO
Unit 4: Lease Expiration Date MO/MO
Unit 1: # of Bedrooms 2
Unit 3: # of Bedrooms 2
Unit 4: # of Bedrooms 2
Unit 2: # of Bedrooms 1
Misc Income Coin Laundry
Unit 3: Rent 700
Unit 2: Rent 500
Unit 1: Rent 700
Unit 4: Rent 700
$423K
Range: $368K-$477K
Last 30 days 
  • Nov 2021
    mls logo MLS # 11190420
  • Nov 2, 2021 Sold
    $300,000 (+3.5%)
  • Sep 14, 2021 Active
    —
  • Sep 9, 2021 Listed
    —
  • Aug 21, 2021 Active
    —
  • Aug 15, 2021 Listed
    $289,900
  • 7230 Park Ave
    $300K
  • Summit
    —
  • 60501
    $304K +1% y/y
  • Summit
    $304K +1% 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
7/10
Dr Donald Wharton Elementary School
public Grades 5
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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