Great investment opportunity! This legal 4-unit frame building offers tremendous potential and is being sold as-is. The property includes two 2BD/1BA units in the front and two smaller rear units with more compact bedrooms. City violations are present, and the Village of Summit requires the buyer to post a $30,000 bond. Cash offers preferred. Don't miss this value-add opportunity with excellent upside for the right investor.
Active
$350,000
7548 W 61st St, Summit Argo, IL 60501
8beds
--sqft
Est.:
Multi Family
Built in 1915
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 27 days |
- 830 |
- 48 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 10, 2025 at 08:17am
Listing courtesy of:
Jose Hernandez 312-788-7079,
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 12519853
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 5
Heating
- Natural Gas, Forced Air, Steam
Features
- Basement: Partially Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage
- Garage spaces: 2
Lot
- Size: 3,750 Square Feet
- Dimensions: 30x125
Details
- Parcel number: 18134110200000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Summit Argo
Financial & listing details
- Annual tax amount: $6,987
- Date on market: 11/18/2025
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Listed for sale | $350,000 |
Source:  MRED as distributed by MLS GRID #12519853 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$2,373/mo
Principal & interest
$1702
Property taxes
$548
Home insurance
$123
Climate risks
Neighborhood: 60501
Nearby schools
GreatSchools rating
- 2/10Otis P Graves Elementary SchoolGrades: PK-4Distance: 0.3 mi
- 4/10Heritage Middle SchoolGrades: 6-8Distance: 0.3 mi
- 5/10Argo Community High SchoolGrades: 9-12Distance: 0.4 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.
- Loading
- Loading
