7638 West 61st Place

Summit, IL 60501

$290,000
Last Sold Price
6
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great Investment! Great Location! Two Flat and a Coach House! Three occupied units, each featuring two bedrooms, one full bathroom, a living room, and a kitchen. Utilities are separated for each unit: newer windows, siding, and roof-plenty of storage, unfinished basement, and walk-in attic-minutes from shopping, dining, public transportation, and interstate access.Great Investment! Great Location! Two Flat and a Coach House! Three occupied units, each featuring two bedrooms, one full bathroom, a living room, and a kitchen. Utilities are separated for each unit: newer windows, siding, and roof-plenty of storage, unfinished basement, and walk-in attic-minutes from shopping, dining, public transportation, and interstate access.
  1. Listed by Iwona Dong • Charles Rutenberg Realty

Sold By Fathom Realty IL LLC

Property Details for 7638 West 61st Place

Area
Summit
Subdivision
Argo
Township
Lyons
Ownership
Fee Simple
Num Of Parking Spaces
1.0
Num Of Cars
1.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas

Location

Add your commute
LISTING UPDATED: 09/26/2021 02:05 PM

Property Details for 7638 West 61st Place

StatusClosed
MLS #10982345
Days on Market238
Taxes$11,088 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1914
Lot Size0.08 AC / 3,484 SF
CountyCook County

Location

Add your commute

Building Information for 7638 West 61st Place

Stories-Residences3Year Built1914Building Size-Lot Size0.08 AC / 3,484 SF

Payment Calculator

$2,507 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,583

Property Taxes

$924

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7638 West 61st Place

General Information
School Information
  • Elementary School District: 104
  • Elementary School: Dr Donald Wharton Elementary Sch
  • Jr High Middle School: Heritage Middle School
  • High School District: 217
  • High School: Argo Community High School
  • Middle Or Junior School District: 104
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Off Alley, Off Street
  • Parking On Site: true
  • Parking Ownership: Owned
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Num Of Rooms: 12
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 6
  • Basement Description: Unfinished
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Other Equipment: Ceiling Fan(s)
Property/Lot Information
  • Exterior Property Features: Balcony, Porch
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Description: Corner Lot, Fenced Yard, Irregular
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 30X112.5X1.3X26.5X125.50
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: Commuter Bus,Interstate Access
  • North Coordinate: 0
  • South Coordinate: 6150
  • East Coordinate: 0
  • West Coordinate: 7638
  • 3 Br Un In Bldg: No
  • Conversion: N
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 1
  • Document Date: 2021-01-29T16:03:46
  • Photos Count: 26
  • Deconversion: N
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
  • Virtual Tour Date: 01-30-2021
Multi Family
Income & Expenses
  • Gross Income: $28,140.00
  • Insurance Expense: $1,650.00
  • Insurance Expense Source: Owner Projection
  • Other Addl Income: Coin Laundry
  • Trash Expense Source: Owner Projection
  • Water Expense Source: Owner Projection
  • Net Operating Income: $25,536.00
  • Trash Expense: $624.00
  • Water Sewer Expense: $1,280.00
Unit 1
  • Unit Type Actual Rent: $750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Floor # - Unit 1: 1
  • # Of Rooms - Unit 1: 4
  • # Half Baths-Unit 1: 0
  • # Full Baths-Unit 1: 1
  • Appliances/Features Unit 1: Stove, Refrigerator, Window Air Conditioner
  • Sec Deposit $ - Unit 1: 1000
  • Tenant Pays - Unit 1: Electric, Gas, Heat
Unit 2
  • Unit Type Actual Rent: $925.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Floor # - Unit 2: 2
  • # Of Rooms - Unit 2: 4
  • # Half Baths-Unit 2: 0
  • # Full Baths-Unit 2: 1
  • Appliances/Features Unit 2: Stove, Refrigerator, Window Air Conditioner
  • Sec Deposit $ - Unit 2: 2000
  • Tenant Pays - Unit 2: Electric, Gas, Heat
Unit 3
  • Unit Type Actual Rent: $670.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Floor # - Unit 3: 1
  • # Of Rooms - Unit 3: 4
  • # Half Baths-Unit 3: 0
  • # Full Baths-Unit 3: 1
  • Appliances/Features Unit 3: Stove, Refrigerator, Window Air Conditioner
  • Sec Deposit $ - Unit 3: 900
  • Tenant Pays - Unit 3: Electric, Gas, Heat

Property History for 7638 West 61st 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 7638 West 61st Place

Taxable ValueLand$2,343Additions$24,018Total$26,361
Tax Record2022$11,374 ($948 / month)
Home Facts
Beds4Baths1Total Finished SqFt820 SqFtAbove Grade Finished SqFt820 SqFtStories1Lot Size3,750 SqFtStyleSingle Family ResidenceYear Built1908CountyCOOKAPN18-13-306-024

Schools near 7638 West 61st 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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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 Charles Rutenberg Realty

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 09/26/2021 02:05 PM. 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.