7444 55th Place

Summit, IL 60501

$202,000
Last Sold Price
8
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Come take advantage of this wonderful opportunity to own 3 legal units at an extreamly LOW sales price! There are 2 units in one building and a 3rd unit in the seperate coach house. The front building is in great condition and offers 1 duplexed spacious apartment with 4 large bedrooms, a large living room, formal dinning room and a large eat in kitchen. The 2nd apartment offers 2 large bedrooms, a large living room and eat in kitchen. Both units offer plenty of closet and storage space and are in...Come take advantage of this wonderful opportunity to own 3 legal units at an extreamly LOW sales price! There are 2 units in one building and a 3rd unit in the seperate coach house. The front building is in great condition and offers 1 duplexed spacious apartment with 4 large bedrooms, a large living room, formal dinning room and a large eat in kitchen. The 2nd apartment offers 2 large bedrooms, a large living room and eat in kitchen. Both units offer plenty of closet and storage space and are in great condition. The 3rd unit in the coach house offers 2 bedrooms an attic and full basement which is great for expanded living space. The building sits on an over sized lot with exterior parking for each unit including a private garage. Mechanical installation dates: Roofs-2016, Front furnace-2015, H. W.-2018, New Hot water tank just installed Aug. 2019. Close to schools, stores, parks, the (I55) and transportation. "property sold in as is condition"
  1. Listed by Luis Rojas • Exit Realty At Home

Sold By Exit Realty At Home

Property Details for 7444 55th Place

Area
Summit
Township
Lyons
Ownership
Fee Simple
Num Of Garage Spaces
1.0
Num Of Parking Spaces
2.0
Num Of Cars
3.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air

Location

Add your commute
LISTING UPDATED: 06/06/2022 11:03 AM

Property Details for 7444 55th Place

StatusClosed
MLS #11227957
Days on Market254
Taxes$14,785 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1906
Lot Size0.24 AC / 10,454 SF
CountyCook County

Location

Add your commute

Building Information for 7444 55th Place

Stories-Residences3Year Built1906Building Size-Lot Size0.24 AC / 10,454 SF

Payment Calculator

$2,334 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,102

Property Taxes

$1,232

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7444 55th Place

General Information
School Information
  • Elementary School District: 104
  • Elementary School: Walsh Elementary School
  • Jr High Middle School: Heritage Middle School
  • High School District: 217
  • High School: Argo Community High School
  • 2nd Alternate Elementary School: Dr Donald Wharton Elementary School
  • Middle Or Junior School District: 104
Addtl Parking Information
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage, Space/s
  • Parking Details: Unassigned, Off Alley, Driveway
  • Parking On Site: true
  • Parking Ownership: Owned
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 17
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Full, Walkout
  • Bedrooms Possible: 8
  • Basement Description: Finished
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Room Type: Utility Room-Lower Level
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Other Equipment: CO Detectors, Ceiling Fan(s)
Property/Lot Information
  • Exterior Property Features: Patio, Porch, Storms/Screens
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 1988
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Description: Irregular
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 101 X 129 X 69 X 124
  • Total # Units in Building: 3.0
  • Other Structures: Other
  • Waterfront: No
  • Exterior Building Type: Brick, Clad Trim, Shingle Siding
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 5550
  • East Coordinate: 0
  • West Coordinate: 7444
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: Yes
  • Conversion: N
Property and Assessments
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 4
  • Document Date: 2022-02-09T22:04:47
  • Photos Count: 4
  • Deconversion: N
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $24,420.00
  • Insurance Expense: $2,200.00
  • Fuel Expense Source: Actual
  • Water Expense Source: Actual
Unit 1
  • Unit Type Actual Rent: $1,600.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 1
  • Lease Expiration Date: LEASE
Unit 2
  • Unit Type Actual Rent: $1,225.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: N/A
Unit 3
  • Unit Type Actual Rent: $760.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: LEASE

Property History for 7444 55th Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7444 55th Place

Taxable ValueLand$6,598Additions$27,796Total$34,394
Tax Record2022$14,839 ($1,237 / month)
Home Facts
Baths1Total Finished SqFt2,236 SqFtAbove Grade Finished SqFt2,236 SqFtStories2Lot Size10,558 SqFtStyleMulti-Family Res (5+ Units)Year Built1923CountyCOOKAPN18-13-201-022

Schools near 7444 55th Place

This home is within Argo Chsd 217 School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - K to 4
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
W W Walker Elementary School
PublicK to 4

Walsh Elementary School
PublicK to 4

Heritage Middle School
Public6 to 8

Argo Community High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Exit Realty At Home

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 06/06/2022 11:03 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.