Movoto Real Estate
Search
About Home value Property history Market statistics Schools Neighborhood Places of interest
Sold on 07/14/2017
Michael Quaglia of RE/MAX Destiny

7540 W 61st St, Summit, IL 60501

  • $525,000

    Last sold 07/14/2017 for $330K

  • 8

    bed

  • 5

    bath

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

About 7540 W 61st St

Property type Multi-family
Year built 2005
HOA fee $0/month
Lot size 3,485 Sqft
Movoto estimate
Property description
Gorgeous all brick, money maker! Newer building with so many improvements. Currently under rented, building should bring in $3,500 a month. Top two levels feature hardwood flooring and three bedrooms, garden apartment has porcelain flooring and two bedrooms. Coin operated laundry in basement. Newer high efficiency water heaters and gas, forced air furnaces.
Listed by
Listing Agent - Michael Quaglia
Listing Office - RE/MAX Destiny
Source: MRED mls logo
MLS#09633041 • last updated 8 years ago
Movoto checked MRED for data 9 minutes ago
Overview
Heating Gas, Forced Air
MLS # 9633041
Type Two To Four Units
Property Tax $ 9160.88
Year Built 2005
Interior
Basement Finished, Full
Total # of Rooms 14
Exterior
Foundation Concrete
Exterior Brick
Roof Asphalt/Glass (Shingles)
Parking Desc Space/s, Off Alley
# Parking Spaces 3, 3
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Sewer/ Septic Desc Sewer-Public
Water Source Lake Michigan
Location
County Cook
Elementary School OTIS P GRAVES ELEMENTARY SCHOOL
Middle School HERITAGE MIDDLE SCHOOL
High School District 217
Elementary School District 104
Middle School District 104
High School ARGO COMMUNITY HIGH SCHOOL
Directions Harlem S Of Archer To W On 61st
APN 18134110230000
Zoning MULTI
Multifamily Details
Unit 2: Interior Features Stove, Refrigerator, Dishwasher
Unit 3: Interior Features Stove, Refrigerator, Dishwasher
Unit 1: Interior Features Refrigerator, Dishwasher, Stove
Unit 3: Tenant Pays Electric, Gas
Unit 2: Tenant Pays Electric, Gas
Unit 1: Tenant Pays Electric, Gas
Unit 1: Rent 900
Unit 3: Rent 1050
Unit 2: Rent 1050
Unit 3: Total # of Rooms 5
Unit 1: Total # of Rooms 4
Unit 2: Total # of Rooms 5
Unit 3: # of Bedrooms 3
Unit 2: # of Bedrooms 3
Unit 1: # of Bedrooms 2
Unit 1: SqFt 1250
Unit 2: SqFt 1400
Unit 3: SqFt 1400
Gross Rental Income 34800
Net Operating Income 33000
Unit 2: Security Deposit 1050
Unit 1: Security Deposit 900
Unit 3: Security Deposit 1050
$525K
Range: $425K-$624K
Last 30 days 
  • Aug 2017
    Public Records
  • Aug 1, 2017 Sold
    $330,000
  • Jul 2017
    mls logo MLS # 09633041
  • Jul 18, 2017 Sold
    $330,000 (-5.7%)
  • May 29, 2017 Contingent
    —
  • May 19, 2017 Listed
    $349,900 (-21.2%)
  • May 2005
    Public Records
  • May 27, 2005 Sold
    $444,000
  • 7540 W 61st St
    $330K
  • —
  • 60501
    $330K +10% y/y
  • Summit
    $330K +10% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
7/10
Dr Donald Wharton Elementary School
public Grades 5
Summit School District 104
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.

Around the neighborhood

Explore everything this neighborhood has to offer.
View homes for sale in 60501, IL
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby recently sold homes in Summit, IL

Nearby homes for sale in Summit, IL

Newest listings in 60501

  • Real Estate
  • IL
  • Cook County
  • Summit
  • 60501
  • 7540 W 61st St
Meet with a real estate agent today (844) 430-0869
  • Movoto Logo
  • Download IOS APP Download Android APP
The multiple listing information is provided by MRED MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
Listings courtesy of MRED MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 7/14/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.