Closed
$370,000
5427 S 73rd Ct, Summit, IL 60501
5beds
--sqft
Multi Family
Built in 1923
-- sqft lot
$399,000 Zestimate®
$--/sqft
$1,928 Estimated rent
Home value
$399,000
$367,000 - $431,000
$1,928/mo
Zestimate® history
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Owner options
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What's special
Great Investment Opportunity! Cash Cow now available! 2 Unit (2 flat) Apartment Building with tons of windows on corner lot (new windows 2019). Property sits up HIGH (owner has never had flooding issues) and comes with fully finished basement also with many windows (finished basement has private rear entrance). Generate rent of $1200-$1300 per unit OR live in one for FREE while you rent the other! Fully finished basement can be occupied by family or relative. Newer windows throughout and some updates in the last few months. Coin and App operated common laundry for building is owned by owner and is another income generator. 1st and 2nd floor pay only electric. Gas utility is covered in rents. Building has a one car garage, an open carport in rear of building for a second car AND bonus - tons of always available street parking due to being on the corner! Spacious backyard for gatherings. Very walkable - walk to shops, restaurants, and park district in great, quiet neighborhood. Conveniently located only a few minutes from the I-55 Stevenson expressway ramp - close enough to the expressway WITHOUT the noise! Solid brick building waiting for the novice OR seasoned investor OR owner occupier! Building fully vacant and ready for immediate showings. Apartment buildings for sale are RARE. Don't miss out on this opportunity. It will not last! Offer Submission Schedule: -Monday, 6/26 by noon - submission of highest and best terms offer -Tuesday, 6/27 - Seller will review all offers and accept best one
Zillow last checked: 8 hours ago
Listing updated: September 01, 2023 at 07:45am
Listing courtesy of:
Anna Vargas 847-699-8177,
ARNI Realty Incorporated
Bought with:
Greg Cirone
xr realty
Source: MRED as distributed by MLS GRID,MLS#: 11814796
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 3
Heating
- Radiator(s)
Features
- Basement: Finished,Daylight
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, On Site, Garage Owned, Detached, Alley Access, Garage Faces Side, Owned, Garage
- Garage spaces: 1
- Has uncovered spaces: Yes
Lot
- Size: 3,000 sqft
- Dimensions: 30 X 100
- Features: Corner Lot
Details
- Parcel number: 18124170010000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Brick
Condition
- New construction: No
- Year built: 1923
- Major remodel year: 2018
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Community
- Community features: Park, Pool, Curbs, Sidewalks, Street Lights, Street Paved
Location
- Region: Summit
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2023 | Sold | $370,000-1.3% |
Source: | ||
| 6/27/2023 | Contingent | $375,000 |
Source: | ||
| 6/22/2023 | Listed for sale | $375,000 |
Source: | ||
| 6/22/2023 | Listing removed | -- |
Source: | ||
| 6/20/2023 | Listed for sale | $375,000+63.8% |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $8,648 +44.2% | $27,999 +61.6% |
| 2022 | $5,998 +2.1% | $17,322 |
| 2021 | $5,875 -3.9% | $17,322 |
Find assessor info on the county website
Neighborhood: 60501
Nearby schools
GreatSchools rating
- 5/10Walsh Elementary SchoolGrades: K-4Distance: 0.4 mi
- 4/10Heritage Middle SchoolGrades: 6-8Distance: 0.7 mi
- 5/10Argo Community High SchoolGrades: 9-12Distance: 1.1 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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$399,000
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