A prime investment opportunity is available with a 2-flat brick building for sale in Summit, Illinois. This well-maintained property features two spacious, separate units with distinct entrances, ideal for maximizing rental income. The durable brick construction not only ensures longevity but also offers appealing curb appeal and minimal upkeep. Located in a growing area with strong rental demand, this property benefits from proximity to local amenities, schools, and public transportation. With the potential for stable cash flow and long-term appreciation, this 2-flat represents a solid addition to any real estate investment portfolio.
Closed
$345,000
5326 S 72nd Ct, Summit Argo, IL 60501
5beds
--sqft
Multi Family
Built in 1961
-- sqft lot
$356,900 Zestimate®
$--/sqft
$1,942 Estimated rent
Home value
$356,900
$321,000 - $400,000
$1,942/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 15, 2024 at 12:55am
Listing courtesy of:
Araceli Montalvo 630-358-9242,
Extreme Realty LLC
Bought with:
Milton Chan
eXp Realty
Steven Merritt
eXp Realty, LLC
Source: MRED as distributed by MLS GRID,MLS#: 12138371
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
Heating
- Natural Gas, Steam, Baseboard
Appliances
- Included: Multiple Water Heaters
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, On Site, Detached, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Lot
- Size: 3,936 sqft
Details
- Parcel number: 18124050620000
- Special conditions: None
- Other equipment: Ceiling Fan(s), Sump Pump
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy generation: Solar
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Location
- Region: Summit Argo
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 2/10/2025 | Sold | $345,000 |
Source: Public Record | ||
| 11/14/2024 | Sold | $345,000-1.4% |
Source:  MRED as distributed by MLS GRID #12138371 | ||
| 9/9/2024 | Contingent | $350,000 |
Source: MRED as distributed by MLS GRID #12138371 | ||
| 8/14/2024 | Listed for sale | $350,000+27.7% |
Source: MRED as distributed by MLS GRID #12138371 | ||
| 1/28/2021 | Sold | $274,000 |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $8,648 +14.3% | $27,999 +33.6% |
| 2022 | $7,564 -14% | $20,952 |
| 2021 | $8,797 +14.6% | $20,952 |
Find assessor info on the county website
Neighborhood: 60501
Nearby schools
GreatSchools rating
- 5/10Walsh Elementary SchoolGrades: K-4Distance: 0.6 mi
- 4/10Heritage Middle SchoolGrades: 6-8Distance: 0.9 mi
- 5/10Argo Community High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- High: Argo Community High School
- District: 104
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$356,900
2% more+ $7,138
With Zillow Showcase(estimated)
$364,038