7439 W 56th Street Summit, IL $ 289,000
7439 W 56th Street
$ 289,000
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7439 W 56th Street

Summit, IL, 60501
$ 289,000
Bedrooms5 Baths4.0

Monthly Estimate*

$ 1,825

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Multi-Family Home for sale in Summit, IL

for $289,000 with 5 bedrooms and 4 full baths. This home was built in 1908.

Great opportunity in Summit! Large 2-flat offering spacious units, a full basement with a bathroom, and a large unfinished walk-up attic providing plenty of additional storage and future possibilities. Property also features a fenced yard and concrete alley access. This is an excellent opportunity for an investor, rehabber, or owner-occupant looking to add value. The price reflects the updating and improvements needed throughout the property. Bring your ideas and make this property your own. Property is being sold strictly AS-IS. Seller will not make repairs. Buyer will be responsible for any Village of Summit inspection requirements, repairs, or compliance items. Buyer to perform all due diligence and verify room sizes, property condition, zoning, and permitted uses. Plenty of potential in a solid 2-flat with a full basement, walk-up attic, and generous space throughout. Don't miss this value-add opportunity!

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Multi-Family Contingent

Price

$ 289,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,893

Style

Year Built

1908

Town/City

Summit

County/Region

Cook

MLS | Web ID

12765924

Features
General
Sewer Public Sewer Storm Sewer
Heating Natural Gas Forced Air
Possession Closing
Garage Spaces 2.5
Construction Materials Cedar
Year Built 1908
Township Lyons
Tax Year 2025
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 14
Status Contingent
Directions I-55 to 1st Ave (IL-171) South. Right on Archer Ave then quick left onto W 56th St. Continue to 7439 W 56th St
High School Argo Community High School
City Summit
High School District 217
MLS Area Summit
Elementary School Walsh Elementary School
Tax Annual Amount 7893.12
Middle/Junior High School Heritage Middle School
Additional Parcels Y/N N
Standard Status Active Under Contract
Middle/Junior School District 104
Elementary School District 104
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Interior
Basement Partially Finished Full
Total Bedrooms 5
Total Baths 4
Bedrooms Possible 5
Full Baths Building 4
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Garage Door Opener Yes Garage Owned Detached Garage
Water Source Lake Michigan Public
Total Parking 2.5
Lot Dimensions 30x124x30x124
Waterfront Y/N N
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* Excluded Features
List By
Cucci Realty

Broker

chris@cuccirealty.com

Email

Affordability Calculator

$2,483
Per Month
74%
26%
0%
Monthly Principal & Interest
$1,825
Monthly Property Taxes
$658
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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Nearby
5266775 Elementary School
1538363 Middle School
Argo Community High School High School
Pricing History
DatePricePrice ChangeDescription
9/22/2026$289,000 Listed Price

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7439 W 56th Street, Summit, IL, 60501 is a Multi-Family Home for sale at $289,000. 7439 W 56th Street has 5 bedrooms, 4.0 baths, and was built in 1908. The property's zip code is 60501 which is in Summit, IL