7638 W 61st Place
Summit, IL
60501
Status:
Sold
Multi Family
6 beds
3 baths
0 sq.ft
Listing Price:
$295,000
About this home
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.
Property details
Property / Lot Details
Acreage
0.08
Deconversion
N
Lot Dimensions
30X112.5X1.3X26.5X125.50
Lot Description
Corner Lot, Fenced Yard, Irregular Lot
Lot Size
Less Than .25 Acre
NewConstructionYN
0
Ownership
Fee Simple
Property Type
Two to Four Units
Type Unit
2 Flat, Coach House
Number Of Units in Building
3
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age
100+ Years
3 Bedroom Unit in Building
No
Approx Year Built
1914
Parking and Garage Spaces
1
Exterior Building Type
Vinyl Siding
Exterior Property Features
Balcony,Porch
Foundation
Concrete Perimeter
Parking Total
1
Parking Features
Off Alley, Off Street
Garage On-Site
Yes
Parking Ownership
Owned
Parking
Space/s
Roof Type
Asphalt
MRD Virtual Tour
None
Virtual Tour Date
01/30/2021 8:08 am
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures
Curbs, Sidewalks, Street Lights, Street Paved
Area Major
Summit
Zoning Type
MULTI
Corporate Limits
Summit
Directions
Archer Ave. to 61st Place to property.
Equipment
Ceiling Fan(s)
Elementary School
Dr Donald Wharton Elementary Sch
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 School
Heritage Middle School
Jr High/Middle Dist
104
Subdivision
Argo
Township
Lyons
Waterfront
0
Interior Features
Units
Basement Description
Unfinished
Basement
Full
Bedrooms Count
6
Bedrooms Possible
6
Bedrooms (Below Grade)
0
Baths FULL Count
3
Baths Count
3
Full Baths in Building Count
3
Baths Half Count
0
Half Baths in Building Count
0
Total Rooms
12
unit 1
Appliances/Features Unit 1
Stove, Refrigerator, Window Air Conditioner
Beds Total
2
Number Full Baths-Unit 1
1
Baths Total
1
Lease Exp Date (Mo/Yr) - Unit 1
M/M
Number Of Rooms - Unit 1
4
Actual Rent
750
Sec Deposit $ - Unit 1
1000
Tenant Pays - Unit 1
Electric, Gas, Heat
Floor Number - Unit 1
1
Number Half Baths-Unit 1
0
unit 2
Beds Total
2
Baths Total
1
Actual Rent
925
Appliances/Features Unit 2
Stove, Refrigerator, Window Air Conditioner
Number Full Baths-Unit 2
1
Lease Exp Date (Mo/Yr) - Unit 2
M/M
Number Of Rooms - Unit 2
4
Sec Deposit $ - Unit 2
2000
Tenant Pays - Unit 2
Electric, Gas, Heat
Floor Number - Unit 2
2
Number Half Baths-Unit 2
0
unit 3
Beds Total
2
Baths Total
1
Actual Rent
670
Appliances/Features Unit 3
Stove, Refrigerator, Window Air Conditioner
Number Full Baths-Unit 3
1
Lease Exp Date (Mo/Yr) - Unit 3
M/M
Number Of Rooms - Unit 3
4
Sec Deposit $ - Unit 3
900
Tenant Pays - Unit 3
Electric, Gas, Heat
Floor Number - Unit 3
1
Number Half Baths-Unit 3
0
Financials
Financing
FHA
Gross Rental Income
$28,140
Insurance Expense
$1,650
Insurance Expense Source
Owner Projection
Net Oper Income
$25,536
Other Addl Income
Coin Laundry
Investment Profile
Residential Income
Rental Income
29090
Scavenger Expense
$624
Water Expense
$1,280
Tax/Assessments/Liens
Multiple Pin Numbers
Yes
PIN
18133060240000
Special Assessments
N
Taxes
$11,088
Tax Exemptions
None
Tax Year
2019
$295,000
Listing Price:
MLS #
10982345
Investment Profile
Residential Income
Listing Market Time
238
days
Basement
Full
Type Unit
2 Flat, Coach House
Number of Units in Building
3
Parking
Space/s
List Date
01/29/2021
Year Built
1914
Request Info
Price history
Loading price history...
Similar listings in Summit
See more
$182,400
7623 W 61st Place
Summit
$345,000
5301 S 73rd Court
Summit
Recently sold in Summit
See more
$339,999
5320 S 73rd Avenue
Summit
$330,000
7213 Park Avenue
Summit
$229,000
7544 W 61st Street
Summit
$330,000
7240 Park Avenue
Summit