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7507 W 58th Street Summit, IL $ 369,000
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$ 369,000 Get more info
7507 W 58th Street
$ 369,000
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Open House 10/3 11am - 3pm
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7507 W 58th Street

Summit, IL, 60501
$ 369,000
Bedrooms5 Baths2.0 Sq 1,850

Monthly Estimate*

$ 2,330

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Multi-Family Home for sale in Summit, IL

for $369,000 with 5 bedrooms and 2 full baths. This 1,850 square foot home was built in 1918 on a lot size of 0.86.

HOUSE HACK OPPORTUNITY! Why pai the whole mortgage yourself when the other unit can help? This well-kept 2-unit is a great option for someone looking to live in one unit and rent out the other. One unit is already occupied, and the other is expected to be vacant by closing, giving the new owner a chance to move right in. Both units were remodeled in 2023, along with HVAC updates, plus an updated electrical panel for the first-floor unit and shared coin-operated laundry for both units. Whether you're buying your first multi-unit, looking for extra rental income, or simply need two separate living spaces, this property gives you options. Close to shopping, schools, transportation, and major roads. At this price, this is one you'll want to see in person. Schedule your showing before it's gone!

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Open House

10/3/2026 11:00 AM - 3:00 PM
10/4/2026 11:00 AM - 3:00 PM
7507 W 58th Street Summit, IL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
Multi-Family Active

Price

$ 369,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 7,773

Style

Lot Size

0.86

Year Built

1918

Town/City

Summit

County/Region

Cook

MLS | Web ID

12773378
Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Asphalt
Garage Spaces 2
Construction Materials Vinyl Siding
Year Built 1918
Township Lyons
Tax Year 2025
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Other Structures Garage Faces Rear
Total Rooms 9
Status New
Directions 63RD STREET TO ARCHER TO 58TH STREET TO ADRESS
High School Argo Community High School
City Summit
High School District 217
MLS Area Summit
Tax Annual Amount 7773.6
Water Sewer Expense 1400
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 104
Elementary School District 104
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Interior
Basement Unfinished Full
Total Bedrooms 5
Total Baths 2
Bedrooms Possible 5
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features No Garage Yes Garage Owned Detached Off Street Garage Faces Rear Owned Garage
Water Source Lake Michigan Public
Total Parking 4
Foundation Details Block
Lot Dimensions 30X125
Lot Size Acres 0.86
Waterfront Y/N N
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* Excluded Features
List By
Realty Of America, Llc

Broker

stepharr94@gmail.com;estephania@sufamilia.com

Email

Affordability Calculator

$2,978
Per Month
78%
22%
0%
Monthly Principal & Interest
$2,330
Monthly Property Taxes
$648
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
564553 Elementary School
564996 Middle School
Argo Community High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/1/2026$369,000 Listed Price

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7507 W 58th Street, Summit, IL, 60501 is a Multi-Family Home for sale at $369,000 with 1,850 sqft and a lot size of 0.86. 7507 W 58th Street has 5 bedrooms, 2.0 baths, and was built in 1918. The property's zip code is 60501 which is in Summit, IL

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