Back 7208 Park Ave
Off Market

7208 Park Ave

Summit IL 60501

7
4
0.08 ac.
Multi-Family
Last sold for $415,500
Gerardo AmaroGerardo Amaro, last sold this property on 07 December 2023 after 45 days on market.

Overview

Great investment rental property. 4-unit brick building 100% occupied. Very well maintained by its owner. Check out the rental income! Owner pays for heat, water and scavenger but laundry's income balances out the expenses. Every unit has window a/c. New water heater installed June 2019. Brand new furnace. No need to do anything. Tenants pay for electric and cooking gas. Close to I55 & Harlem Ave & Archer Ave. Just get it and start collecting rent.

Features

7 bedrooms
4 carspaces
0.08 ac. lot size
Multi-Family

Estimated Value

We need at least 3 similar 7 bedroom multi families sold in Summit over the last 12 months.

Property history for 7208 Park Ave

2023
Sold
$415,500
07 Dec 2023 by Gerardo Amaro, of Chicagoland Brokers Inc.
2021
Sold
$290,000
07 Oct 2021 by Elizabeth Rios, of Berkshire Hathaway HomeServices Chicago
2018
Sold
$197,000
16 Nov 2018 by David Bovyn, of Kale Realty

Happy sellers in Summit

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We have insufficient information to provide an overview of customer satisfaction for Summit. Viewing the agent profiles, reviews and sales for Summit can provide insights for this location.

Local market activity for 7 bedroom multi families in Summit

In the last 12 months, 2 seven-bedroom multi families similar to 7208 Park Ave, have been sold.

This represents a 67% increase in seven-bedroom multi families sales when compared to the previous 12 months.

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