20
See all 20 photos
$330,000
Est. payment /mo
8 Beds
5 Baths
Price Dropped by $20K
7548 W 61st ST Summit, IL 60501
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12519853
Bedrooms 8
Year Built 1915
Annual Tax Amount $6,987
Tax Year 2024
Lot Dimensions 30x125
Property Sub-Type Two to Four Units
Property Description
Great investment opportunity!**Legal 4-unit building with value-add potential. Village inspection has been completed. Required items include removal of basement kitchen and partition walls to eliminate non-conforming unit, along with minor electrical updates, smoke/CO compliance, and exterior stair repair. Estimated repair scope is straightforward for experienced investors. Property is being sold "as-is". Cash or conventional financing preferred. Excellent upside with stabilized rents once improvements are completed. Contact listing agent for full inspection report.
Location
State IL
County Cook
Area Summit
Rooms
Basement Partially Finished, Full
Interior
Heating Natural Gas, Forced Air, Steam
Fireplace N
Exterior
Garage Spaces 2.0
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Frame, No
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Schools
High Schools Argo Community High School
School District 104 , 104, 217
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jose Hernandez of Coldwell Banker Realty
NEARBY SCHOOL & BUSINESS
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