7524 W 63rd Place Summit, IL $ 465,000
7524 W 63rd Place
$ 465,000
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7524 W 63rd Place

Summit, IL, 60501
$ 465,000
Bedrooms6 Baths3.0

Monthly Estimate*

$ 2,863

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Multi-Family Home for sale in Summit, IL

for $465,000 with 6 bedrooms and 3 full baths. This home was built in 1961.

Exceptional investment opportunity featuring three spacious units, each offering a living room, formal dining room, two bedrooms, a cabinet kitchen, and a full bathroom. The first-floor unit was tastefully rehabbed in 2021, including modern flooring updates. Property highlights include a private backyard with a brand-new privacy fence and a detached two-car garage. Conveniently located near schools, shopping, dining, and recreation, with easy access to public transportation and major commuter routes. Ideal for investors or owner-occupants seeking comfort, space, and reliable rental income. A must-see property.

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Multi-Family Active

Price

$ 465,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 10,086

Style

Year Built

1961

Town/City

Summit

County/Region

Cook

MLS | Web ID

12549365

Features
General
Sewer Public Sewer
Heating Natural Gas Baseboard Radiator(s)
Possession Closing Immediate
Roof Asphalt
Zoning MULTI
Garage Spaces 2
Construction Materials Brick
Year Built 1961
Township Lyons
Tax Year 2024
Ownership Fee Simple
Gross Income 41400
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 15
Status Active
Directions 75TH TO 63RD PL W TO PROPERTY
High School Argo Community High School
City Summit
High School District 217
MLS Area Summit
Tax Annual Amount 10086.21
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 104
Elementary School District 104
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Interior
Basement Finished Full
Total Bedrooms 6
Total Baths 3
Bedrooms Possible 6
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Garage Door Opener Yes Garage Owned Detached Garage
Water Source Public
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 25x125
Waterfront Y/N N
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* Excluded Features
List By
Coldwell Banker Realty

Broker

topbrokerirene@gmail.com

Email

Affordability Calculator

$3,704
Per Month
77%
23%
0%
Monthly Principal & Interest
$2,863
Monthly Property Taxes
$841
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
1/17/2026$465,000 Listed Price

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7524 W 63rd Place, Summit, IL, 60501 is a Multi-Family Home for sale at $465,000. 7524 W 63rd Place has 6 bedrooms, 3.0 baths, and was built in 1961. The property's zip code is 60501 which is in Summit, IL