7521 W 62nd Street
Summit, IL 60501

Status: Sold
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $330,000
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About this home

Are you in pursuit of a place to truly call home or a valuable addition to your investment portfolio? Your quest ends here! Welcome to this delightful solid brick, 1959 Vintage 3-Flat, boasting 8 bedrooms, 3 full bathrooms, 2 car garage, and a multitude of possibilities. Whether you're a savvy investor or a homeowner seeking supplementary income, this 3-flat presents an outstanding opportunity to harness the potential of rental income. Imagine the potential of residing in one unit while generating additional revenue by renting out the others, effectively offsetting mortgage costs. Embrace the possibilities of the future with this unique property. Being sold AS-IS.

Property details

Property / Lot Details
Acreage 0.08
Lot Dimensions 30X125
Lot Description Fenced Yard
Lot Size Source County Records
Lot Size Less Than .25 Acre
Other Structures Garage(s)
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 61-70 Years
3 Bedroom Unit in Building Yes
Approx Year Built 1959
Parking and Garage Spaces 2
Exterior Building Type Brick
Exterior Property Features Patio, Storms/Screens
Garage Details Transmitter(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major Summit
Zoning Type MULTI
Corporate Limits Summit
Directions Travel South on Harlem to 63rd St. turn right on 63rd St, West to 75th St, then left on 62th St, west to property.
Equipment CO Detectors, Ceiling Fan(s), Water Heater-Gas
Elementary Sch Dist 104
Heat/Fuel Natural Gas, Baseboard, Indv Controls
High Sch Argo Community High School
High Sch Dist 217
Sewer Public Sewer
Water Public
Jr High/Middle Dist 104
Township Lyons
Interior Features
Basement Description Finished, Exterior Access
Basement Bathrooms No
Basement Full ,English
Bedrooms Count 8
Bedrooms Possible 8
Baths Count 3
Full Baths in Building Count 3
Total Rooms 18
Units
unit 1
Beds Total 3
Baths Total 1
Appliances And Features Stove, Refrigerator, Hardwood Floors
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 6
Security Deposit N/A
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Appliances And Features Refrigerator, Hardwood Floors, Cooktop, Oven/Built-in
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 6
Security Deposit N/A
Tenant Pays Electric, Gas, Heat
Floor Number 2
unit 3
Beds Total 2
Baths Total 1
Appliances And Features Cooktop, Oven/Built-in
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 5
Security Deposit N/A
Tenant Pays Electric, Gas, Heat
Floor Number G

Financials

Financing Conventional
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 18134230130000
Special Assessments N
Taxes $1,492
Tax Exemptions Homeowner, Senior, Senior Freeze
Tax Year 2021
$330,000 Listing Price:
MLS # 11896211
Investment Profile Residential Income
Listing Market Time 60 days
Basement Full ,English
Type Unit 3 Flat
Number of Units in Building 3
Parking Garage
List Date 10/05/2023
Year Built 1959
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