7426 W 62nd Place Summit, IL $ 450,000
7426 W 62nd Place
$ 450,000
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7426 W 62nd Place

Summit, IL, 60501
$ 450,000
Bedrooms6 Baths3.1

Monthly Estimate*

$ 2,841

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Multi-Family Home for sale in Summit, IL

for $450,000 with 6 bedrooms and 3 full baths, 1 half bath. This home was built in 1966.

Great opportunity to own a two-unit property in Summit! Each unit offers 3 bedrooms, providing spacious living arrangements and excellent potential for an owner-occupant or investor. The second-floor unit features 1.5 bathrooms. The property offers separate living spaces and plenty of potential for those looking to build equity, generate rental income, or customize the property to their liking. Conveniently located near local shopping, dining, schools, transportation, and major roadways. Bring your vision and make this two-flat your own! Selling As-Is.

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Multi-Family Active

Price

$ 450,000

Bedrooms

6

Full Bath

3

Half Bath

1

Property Type

Multi-Family

Taxes

$ 8,298

Style

Year Built

1966

Town/City

Summit

County/Region

Cook

MLS | Web ID

12729747

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Asphalt
Garage Spaces 2
Construction Materials Brick
Year Built 1966
Township Lyons
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 10
Status New
Directions Archer Ave. to 62nd Place to property.
High School Argo Community High School
City Summit
High School District 217
MLS Area Summit
Tax Annual Amount 8298
Standard Status Active
Middle/Junior School District 104
Elementary School District 104
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Interior
Basement None
Total Bedrooms 6
Total Baths 3
Bedrooms Possible 6
Full Baths Building 2
Half Baths Building 1
Total Number of Units 2
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Exterior
Parking Features Garage Door Opener Yes Detached Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 30x125`
Waterfront Y/N N
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* Excluded Features
List By
John Greene Realtor

Broker

Maribelgutierrez@johngreenerealtor.com;gutierrezmrealtor@gmail.com

Email

Affordability Calculator

$3,533
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,841
Monthly Property Taxes
$692
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
564553 Elementary School
564996 Middle School
Argo Community High School High School
Pricing History
DatePricePrice ChangeDescription
8/11/2026$450,000 Listed Price

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7426 W 62nd Place, Summit, IL, 60501 is a Multi-Family Home for sale at $450,000. 7426 W 62nd Place has 6 bedrooms, 3.1 baths, and was built in 1966. The property's zip code is 60501 which is in Summit, IL