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Sold on 07/12/2023
Jose Herrera of Northlake Realtors

7236 Park Ave, Summit, IL 60501

  • $365,000

    Last sold 07/12/2023 after 5 Days

  • 7

    bed

  • 4

    bath

Multi-family not for sale
Learn about Summit's top local Real Estate agents

About 7236 Park Ave

Property type Multi-family
Neighborhood
Year built 1963
HOA fee $0/month
Property description
Here is a solid investment for the beginner or well-seasoned. Fully occupied building with parking. Bonus, there is an extra lot behind the building that seller rents out, coin operated washer & dryer that also brings income and they belong to owner. Building is solid and some updates have been made. Rents should be higher for the area in my opinion. Don't miss out come and see for yourself! **Buyer uses Huntington Bank, closing costs are COVERED! Buyer is responsible for $500 at closing** Contact Bisael Ramos NMLS #1492995 3319034333
Listed by
Listing Agent - Jose Herrera
Listing Office - Northlake Realtors
Source: MRED mls logo
MLS#11825539 • last updated 2 years ago
Movoto checked MRED for data 23 minutes ago
Overview
Heating Steam
MLS # 11825539
SubType 4 Flat
Status Closed
Type Two To Four Units
Property Tax $ 9057.35
Year Built 1963
Buyer Agent Commission 2.5%-$295, % Of Gross Sale Price
Interior
Basement None, Slab
Add'l Room(s) Utility Room-1st Floor
Total # of Rooms 15
Exterior
Foundation Concrete Perimeter
Roof Shake
Exterior Brick
Parking Desc Space/s, Unassigned
# Parking Spaces 4
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
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 18124040350000
Zoning MULTI
Multifamily Details
Expense: Trash 52
Expense: Insurance 132
Gross Income 36000
Expense: Electricity 50
Expense: Fuel 176
Expense: Water/ Sewer 197
Total Rental Income 3000
We are not permitted to show value estimates for this property.
  • Oct 2023
    mls logo MLS # 11825539
  • Oct 11, 2023 Sold
    $365,000 (+1.4%)
  • Jul 12, 2023 Active
    —
  • Jul 7, 2023 Listed
    $359,900
  • Jan 2023
    mls logo MLS # 11457441
  • Jan 31, 2023 Active
    —
  • Jan 23, 2023 Price Change
    $359,900 (-2.7%)
  • Nov 1, 2022 Price Change
    $369,900 (-2.6%)
  • Jul 7, 2022 Listed
    $379,900
  • 7236 Park Ave
    $365K
  • 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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