7237 Park Avenue

Summit IL 60501

Multi-Family

Last sold for $374,000

Lauren Calero, last sold this property on 24 April 2025 after 104 days on market.

Overview

Rarely available multi-unit home ready for new owner/investor! Perfect opportunity for an instant money making investment opportunity or Live in one unit while renting out the other. Updated first floor unit offers white cabinetry, all new flooring through out, freshly painted and updated bathroom! Very well maintained! Boiler less than 5 years old, newer windows through out, water hater replaced in 2019, updated electrical panels. Property also offers a 2 car garage! Quiet area and excellent location with close proximity to expressway. Better yet, this home could qualify for a no PMI conventional loan with minimal down, contact listing agent for more information!

Features

5 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

Multi-Family

Estimated Value

Based on this property and similar 5 bedroom multi families sold in Summit over the last 12 months, the estimated median property value of 7237 Park Avenue is $372.5k.

Median value

$372.5k

Estimated value range

$345k - $409k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Summit. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 7237 Park Avenue

2025

Sold

$374,000

24 Apr 2025 by Lauren Calero, of RE/MAX of Naperville

Happy sellers in Summit

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.