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Sold on 12/09/2020
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7514 W 63rd Pl, Summit, IL 60501

  • $454,000

    Last sold 12/09/2020 for $314K

  • 7

    bed

  • —

    bath

Multi-family not for sale
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About 7514 W 63rd Pl

Property type Multi-family
Neighborhood
Year built 1962
HOA fee $0/month
Lot size 3,485 Sqft
Movoto estimate
Property description
This 7-bedroom multi-family property is located at 7514 W 63rd Pl, Summit, IL, 60501, in the Summit neighborhood in Cook County and was built in 1962. The lot spans 3,485 sq ft (0.08 acres). It is served by lake michigan water. The estimated market value is $454,000.
Overview
Heating Natural Gas
MLS # 10943566
Virtual Tour N/A
SubType 4 Flat
Status Closed
Type Two To Four Units
Lot Size (Acres) 0.08
Property Tax $ 12736.09
Year Built 1962
Interior
Basement None, Slab
Total # of Rooms 15
Exterior
Exterior Brick
Parking Desc Space/s
# Parking Spaces 3
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Lake Michigan
# Units in Building 4
Location
Area Summit
County Cook
Elementary School District 104
High School Argo Community High School
Middle School District 104
High School District 217
APN 18242000510000
Directions S 75th Ave To W 63rd Pl
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 10/21
Unit 3: Lease Expiration Date 10/21
Unit 2: Lease Expiration Date 08/21
Unit 4: Lease Expiration Date MO/MO
Unit 1: Security Deposit 800
Unit 2: Security Deposit 1050
Unit 3: Security Deposit 1150
Unit 4: Security Deposit 800
Unit 1: # of Bedrooms 2
Unit 3: # of Bedrooms 2
Unit 4: # of Bedrooms 2
Unit 2: # of Bedrooms 1
Expense: Insurance 1728
Net Operating Income 41370
Gross Income 48600
Expense: Electricity 310
Expense: Fuel 1798
Expense: Trash 1680
Expense: Water/ Sewer 1714
Unit 3: Rent 1150
Unit 2: Rent 1050
Unit 1: Rent 900
Unit 4: Rent 850
Total Rental Income 48600
$454K
Range: $358K-$549K
Last 30 days 
  • Mar 2021
    Public Records
  • Mar 5, 2021 Sold
    $313,500 (-0.4%)
  • Jan 2021
  • Jan 27, 2021 Delisted
    $314,900
  • Dec 10, 2020 Contingent
    —
  • Nov 30, 2020 Listed
    $314,900
  • Nov 2020
  • Nov 30, 2020 Cancelled
    —
  • Sep 25, 2020 Contingent
    —
  • Sep 15, 2020 Listed
    $314,900 (+148.0%)
  • Feb 2016
    Public Records
  • Feb 26, 2016 Sold
    $127,000
  • 7514 W 63rd Pl
    $314K
  • Summit
    $189K
  • 60501
    $329K +10% y/y
  • Summit
    $329K +10% y/y
No chart available
Statistics calculated by Movoto

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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
6/10
Walsh 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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