8622 W Summerdale Avenue Chicago, IL ^$ 975,000

8622 W Summerdale Avenue

^$ 975,000

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8622 W Summerdale Avenue

Chicago, IL, 60656

^$ 975,000

Bedrooms11 Baths0.0 Sq 6,300

Monthly Estimate*

^$ 6,083

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Multi-Family Home for sale in Chicago, IL

for $975,000 with 11 bedrooms. This 6,300 square foot home was built in 1974 on a lot size of 0.135445.

FULLY OCCUPIED ALL BRICK 6 UNIT BUILDING LOCATED IN THE O'HARE-CHICAGO SUBMARKET. UNIT 1-N IS A 3 BED 1.1 BATH AND THE TENANT IS M-T-M. UNIT 1-S IS A 1 BED 1 BATH AND THE LEASE EXPIRES 9-30-25. UNIT 2-N IS A 2 BED 1 BATH AND THE TENANT IS M-T-M. UNIT 2-S IS A 2 BED 1 BATH AND THE TENANT IS M-T-M. UNIT 3-N IS A 2 BED 1 BATH AND THE LEASE EXPIRES 9-30-25. UNIT 3-S IS A 2 BED 1 BATH AND THE TENANT IS M-T-M. TENANTS PAY ELECTRIC. CURRENT INCOME IS $7300 PER MONTH / $87,600 PER YEAR. THE 2024 EXPENSES WERE; GAS $3575.24, WATER $3051.04, COMMON AREA ELECTRIC $530.18, GARBAGE $2435.41 AND THE 2025 BUILDING INSURANCE IS $3887.53 THERE ARE 6 A/C UNITS INCLUDED. ROOF WAS REPLACE IS 2016. SELLER DOES NOT HAVE THE AGES OF THE MECHANICALS OR WINDOWS. MECHANICALS ARE MAINTAINED ANNUALLY.

Multi-Family Pending

Price

^$ 975,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 16,035

Style

Multi-Family

Lot Size

0.135445

Year Built

1974

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12461483

Features

General

Cooling Window Unit(s)

Possession Closing

Roof Composition

Zoning MULTI

Construction Materials Brick

Year Built 1974

Electric Circuit Breakers

Tenant Pays Air Conditioning Electricity

Stories Count 3

Township Jefferson

Tax Year 2023

Current Use Multi-Family

Gross Income 87600

County Cook

Net Operating Income 58085

Operating Expense 29515

Insurance Expense 3888

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 0

Status Pending

Directions EAST RIVER ROAD 2 BLOCKS NORTH OF FOSTER TO SUMMERDALE....EAST ON SUMMERDALE TO 8622 W. SUMMERDALE AVE.

City Chicago

Number Of Units Total 6

MLS Area CHI - O'Hare

Lot Size Square Feet 5900

Tax Annual Amount 16035.27

Electric Expense 530

Fuel Expense 3575

Trash Expense 2436

Water Sewer Expense 3051

Additional Parcels Y/N N

Standard Status Pending

Cap Rate 6

Interior

Basement Partially Finished Bath/Stubbed Storage Space

Exterior

Foundation Details Concrete Perimeter

Building Area Total 6300

Lot Dimensions 44 X 132

* Excluded Features

List By

@Properties Christie�S International Real Estate

Broker

chrisdemos@atproperties.com

Affordability Calculator

$7,419

Per Month

Monthly Principal & Interest: $6,083
Monthly Property Taxes: $1,336
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$615,846

Percent of Sale Price 37%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/12/2025	$975,000		Listed Price

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8622 W Summerdale Avenue, Chicago, IL, 60656 is a Multi-Family Home for sale at $975,000 with 6,300 sqft and a lot size of 0.135445. 8622 W Summerdale Avenue has 11 bedrooms, 0.0 baths, and was built in 1974. The property's zip code is 60656 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/8/2025.

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8622 W Summerdale Avenue

Multi-Family Home for sale in Chicago, IL

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