7540 W Hanover Street
Summit, IL 60501

Status: Sold
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $340,000
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About this home

Great opportunity to own a two story, four unit building next to the Metra station and adjacent to a park! One mile to I-55 and minutes to Midway Airport. All units have hardwood floors. Plenty of street parking! Property being conveyed AS IS. Renovation Loans or Cash only.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 61-70 Years
3 Bedroom Unit in Building No
Approx Year Built 1957
Exterior Building Type Brick
Exterior Property Features Balcony
Parking None
Rehab Year 1985
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Park
Area Major Summit
Corporate Limits Summit
Directions Harlem South to Archer, turn right. Right on Center Street. Right on Hanover, property is on left.
Elementary Sch Dist 104
Heat/Fuel Natural Gas
High Sch Argo Community High School
High Sch Dist 217
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 104
Township Lyons
Interior Features
Basement Description None
Basement Bathrooms No
Basement None
Bedrooms Count 8
Bedrooms Possible 8
Baths Count 4
Full Baths in Building Count 4
Total Rooms 16
Units
unit 1
Beds Total 2
Baths Total 1
Appliances And Features Hardwood Floors
Full Baths Total 1
Rooms Total 4
Tenant Pays Electric
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Appliances And Features Hardwood Floors
Full Baths Total 1
Rooms Total 4
Tenant Pays Electric
Floor Number 1
unit 3
Beds Total 2
Baths Total 1
Appliances And Features Hardwood Floors
Full Baths Total 1
Rooms Total 4
Tenant Pays Electric
Floor Number 2
unit 4
Beds Total 2
Baths Total 1
Appliances And Features Hardwood Floors
Full Baths Total 1
Rooms Total 4
Tenant Pays Electric
Floor Number 2
Property / Lot Details
Lot Dimensions 40X80
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Story Unit/s
Number Of Units in Building 4
Property Type Two to Four Units

Financials

Financing Conventional
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 18124010270000
Special Assessments N
Taxes $3,454
Tax Exemptions None
Tax Year 2022
$340,000 Listing Price:
MLS # 11935262
Investment Profile Residential Income
Listing Market Time 37 days
Basement None
Type Unit 2 Story Unit/s
Number of Units in Building 4
Parking None
List Date 11/21/2023
Year Built 1957
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