$415,500
$399,900
3.9%For more information regarding the value of a property, please contact us for a free consultation.
7208 Park Avenue Summit, IL 60501
7 Beds
3,484 Sqft Lot
Key Details
Sold Price $415,500
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11914136
Sold Date 12/07/23
Bedrooms 7
Year Built 1964
Annual Tax Amount $8,642
Tax Year 2022
Lot Size 3,484 Sqft
Property Description
Great investment rental property. 4-unit brick building 100% occupied. Very well maintained by its owner. Check out the rental income! Owner pays for heat, water and scavenger but laundry's income balances out the expenses. Every unit has window a/c. New water heater installed June 2019. Brand new furnace. No need to do anything. Tenants pay for electric and cooking gas. Close to I55 & Harlem Ave & Archer Ave. Just get it and start collecting rent.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement None
Interior
Heating Natural Gas
Fireplace N
Exterior
Exterior Feature Storms/Screens
Waterfront false
View Y/N true
Roof Type Asphalt
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 104, 104, 217
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Sergio Moreno • Solutions Realty & Assoc LLC