7548 W 61st Street Summit IL 60501 MLS #MRD12519853

7548 W 61st Street
Summit, IL, 60501
$350,000
8 Beds
5 Baths
0 SqFt
0 Acres
Add
MLS #MRD12519853 image #0
Great investment opportunity! This legal 4-unit frame building offers tremendous potential and is being sold as-is. The property includes two 2BD/1BA units in the front and two smaller rear units with more compact bedrooms. City violations are present, and the Village of Summit requires the buyer to post a $30,000 bond. Cash or Conventional financing preferred. Don’t miss this value-add opportunity with excellent upside for the right investor.

Property Details

Price:
$350,000
MLS #:
MRD12519853
Status:
Active
Beds:
8
Baths:
5
Type:
Multi Family
Neighborhood:
summit
Listed Date:
Nov 18, 2025
Year Built:
1915
SummitSummitArgo Community High School

Schools

School District:
217
High School:
Argo Community High School

Interior

Heating
Natural Gas, Forced Air, Steam

Exterior

Construction Materials
Frame
Garage Spaces
2
Parking Features
Yes, Detached, Garage
Parking Spots
2
Parking Total
2
Roof
Asphalt

Financial

Tax Year
2024
Taxes
$6,987

Listing Agent & Office

Jose Hernandez
Coldwell Banker Realty

See this Listing

Send
  

Mortgage Calculator

 

Map

Similar Listings Nearby

broker reciprocity
MLS# MRD12549365broker reciprocity
7524 W 63rd Place
Summit, IL

$455,000

0.3 miles away

broker reciprocity
MLS# MRD12578905broker reciprocity
6335 S Kostner Avenue
Chicago, IL

$449,700

4.0 miles away

broker reciprocity
MLS# MRD12599395broker reciprocity
2834 Highland Avenue
Berwyn, IL

$439,000

4.2 miles away

broker reciprocity
MLS# MRD12583044broker reciprocity
2125 Euclid Avenue
Berwyn, IL

$435,000

5.0 miles away

broker reciprocity
MLS# MRD12526150broker reciprocity
5800 W Pershing Road
Cicero, IL

$430,000

3.6 miles away

broker reciprocity
MLS# MRD12560827broker reciprocity
3636 Oak Park Avenue
Berwyn, IL

$429,000

3.2 miles away

broker reciprocity
MLS# MRD12535464broker reciprocity
8803 Ogden Avenue
Brookfield, IL

$409,900

2.9 miles away

broker reciprocity
MLS# MRD12546824broker reciprocity
3704 W 58th Street
Chicago, IL

$399,998

4.9 miles away

broker reciprocity
MLS# MRD12568872broker reciprocity
5222 W 31st Street
Cicero, IL

$380,000

4.8 miles away

disclosure
Courtesy of Coldwell Banker Realty. Disclaimer: Based on information submitted to the MLS GRID as of Apr-02-2026 4:39:16 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright 2026. All rights reserved.
Rover IDX
7548 W 61st Street
Summit, IL