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Sold on 02/27/2020
Thomas Domasik of RE/MAX 10 in the Park
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7536 W 62nd St, Summit, IL 60501

  • $565,000

    Last sold 02/27/2020 for $310K

  • 13

    bed

  • —

    bath

Multi-family not for sale
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About 7536 W 62nd St

Property type Multi-family
Neighborhood
Year built 1930
HOA fee $0/month
Movoto estimate
Property description
Plant your money tree! Reap fresh new profits in this 4 unit solid brick building with terrific cash flow! Inside find lots of recent improvements including recently completely remodeled 2nd floor front apartment. Rear 1st floor apartment with recently remodeled kitchen. 5 new electrical panels & meters. Newer private storage lockers for tenants in 'dry' basement recently improved with glass block windows & rain water discharge pipe to the curb awaiting your finishing ideas for extra living space or storage. Newer roof - in 2016, 2 newer boilers & 3 newer hot water heaters - about 2 years old. Finished attic with more endless possibilities (extra living space/storage/office) terrific property for either owner occupant or 'arm-chair' investment!
Listed by
Listing Agent - Thomas Domasik
Listing Office - RE/MAX 10 in the Park
Source: MRED mls logo
MLS#10646235 • last updated 6 years ago
Movoto checked MRED for data 22 minutes ago
Overview
Heating Gas, Hot Water/Steam
Levels/Style Bungalow
MLS # 10646235
Type Two To Four Units
Property Tax $ 9914.81
Year Built 1930
Interior
Basement Unfinished, Full
Total # of Rooms 22
Other Room(s) Kitchen, Loft, Utility Room-Lower Level
Exterior
Exterior Features Storms/Screens
Exterior Brick
Roof Asphalt/Glass (Shingles)
Parking Desc Space/s, Off Alley, Off Street
# Parking Spaces 4, 4
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Sewer/ Septic Desc Sewer-Public
Water Source Lake Michigan
Location
County Cook
High School District 217
Elementary School District 104
Middle School District 104
High School Argo Community High School
Directions 63rd ST. TO 75TH AVE. N TO 62ND ST., W TO ADDRESS
APN 18134190220000
Zoning MULTI
Multifamily Details
Unit 2: Interior Features Stove, Refrigerator
Unit 3: Interior Features Stove, Refrigerator
Unit 1: Interior Features Stove, Refrigerator
Unit 4: Interior Features Stove, Refrigerator
Unit 4: Tenant Pays Electric, Gas, Heat
Unit 3: Tenant Pays Electric, Gas, Heat
Unit 2: Tenant Pays Electric, Gas, Heat
Unit 1: Tenant Pays Electric, Gas, Heat
Unit 1: Rent 1285
Unit 3: Rent 600
Unit 2: Rent 1285
Unit 3: Total # of Rooms 3
Unit 1: Total # of Rooms 6
Unit 4: Total # of Rooms 3
Unit 2: Total # of Rooms 5
Unit 4: Rent 600
Unit 4: # of Bedrooms 2
Unit 3: # of Bedrooms 2
Unit 2: # of Bedrooms 3
Unit 1: # of Bedrooms 4
Expense: Electricity 1205
Gross Rental Income 45240
Net Operating Income 38594
Unit 4: Security Deposit 350
Unit 1: Security Deposit 1285
Expense: Water 2642
$565K
Range: $452K-$678K
Last 30 days 
  • Apr 2020
    Public Records
  • Apr 9, 2020 Sold
    $310,000
  • Mar 2020
    mls logo MLS # 10646235
  • Mar 31, 2020 Sold
    $310,000 (+8.8%)
  • Feb 27, 2020 Contingent
    —
  • Feb 27, 2020 Active
    —
  • Feb 24, 2020 Listed
    $285,000 (+10.5%)
  • Feb 2020
    mls logo MLS # 10604627
  • Feb 24, 2020 Canceled
    —
  • Jan 15, 2020 Active
    —
  • Jan 7, 2020 Listed
    $258,000 (+61.4%)
  • Apr 2017
    mls logo MLS # 09255564
  • Apr 6, 2017 Cancelled
    —
  • Nov 7, 2016 Pending
    —
  • Oct 22, 2016 Price Change
    $159,900 (-5.4%)
  • Jun 13, 2016 Listed
    $169,000 (-24.9%)
  • Jul 2001
    Public Records
  • Jul 9, 2001 Sold
    $225,000
  • 7536 W 62nd St
    $310K
  • Summit
    $189K
  • 60501
    $339K +11% y/y
  • Summit
    $344K +8% 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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