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Scott Fletcher of Certified Realty Group LLC
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  • Bath
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7535 W 58th Pl, Summit, IL 60501

  • $419,000

    •

  • 7

    bed

  • 4

    bath

Multi-family active under contract 74 days
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About 7535 W 58th Pl

Property type Multi-family
Neighborhood
Year built 1927
HOA fee $0/month
Movoto estimate
Parking 4 garage spaces
Property description
Meticulously maintained brick & frame 3-unit building in a quiet neighborhood in Summit, Illinois! Excellent investment opportunity with strong cash flow potential or perfect for owner-occupants. Currently generating $4,031/month (potential of ~ $5,000/mo. due to current below market rents). Current GRM of 8.65. This spacious ~3,300 sq ft multifamily property sits on an oversized 45x125 lot with side yard. The property features a bottom floor having a large 4 bed / 2 bath owner's unit, upstairs units are a 2 bed / 1 bath unit and a 1 bed / 1 bath unit. Recent updates include: Unit 2F fully remodeled (2022), Unit 1 updated (~2017), Unit 2R features new quartz countertop & ducted range hood. Separate circuit breaker panels and gas meters for each unit. One furnace serves the building. Additional highlights include a detached 4-car garage with artist studio (rented out for storage), full basement with Coin Washer & Dryer, and strong rental appeal. Conveniently located near major highways, with a large community park at the end of the block, offering both accessibility and neighborhood charm. PROOF OF FUNDS REQUIRED PRIOR TO SHOWINGS. Broker Owned Interest.
Listed by
Listing Agent - Scott Fletcher
Listing Office - Certified Realty Group LLC
Source: MRED mls logo
MLS#12466230 • last updated 1 month ago
Movoto checked MRED for data 18 minutes ago
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Overview
Heating Natural Gas
Levels/Style Colonial
MLS # 12466230
Virtual Tour N/A
SubType 2 Flat
Status Contingent
Type Two To Four Units
Property Tax $ 11207
Year Built 1927
Interior
Add'l Room(s) Workshop
Total # of Rooms 14
Exterior
Construction Vinyl Siding
# Garage Spaces 4
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Public
# Units in Building 3
Location
Area Summit
County Cook
Elementary School District 104
High School Argo Community High School
Middle School District 104
High School District 217
APN 18132270060000
Zoning MULTI
Directions Take S. Archer To W. 58th Street East Turn Right On 75th Ave. (South) And Turn Right (West) Onto W 58th Place.
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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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  • Real Estate
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  • 60501
  • 7535 W 58th Pl

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