Closed
$247,500
7418 W Hanover St, Summit Argo, IL 60501
6beds
--sqft
Multi Family
Built in 1969
-- sqft lot
$388,500 Zestimate®
$--/sqft
$1,957 Estimated rent
Home value
$388,500
$346,000 - $431,000
$1,957/mo
Zestimate® history
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Owner options
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What's special
BEST AND FINAL OFFERS DUE BY SUNDAY, JULY 2ND AT 9:00pm. Attention experienced cash investors! Presenting 7418 W Hanover St, a multi-family home spanning 2,700 square feet on a 4,000 square foot lot. This property features 6 bedrooms and 2.5 bathrooms, offering tremendous potential. While the property boasts solid structural integrity, it necessitates a complete interior overhaul. All aspects, including the electrical, plumbing, roof, kitchen, bathrooms, and more, require updating. Due to a significant hoarding issue, it is not advisable to conduct a walk-through for safety reasons. Nevertheless, this property enjoys a prime location in Summit, conveniently situated near groceries, restaurants, highways, parks, schools, and an array of amenities. Cash offers are the only ones being considered. Don't miss this opportunity to transform a diamond in the rough!
Zillow last checked: 8 hours ago
Listing updated: August 04, 2023 at 01:52pm
Listing courtesy of:
Rafael Murillo 773-466-7150,
Compass
Bought with:
Antonio Castaneda
Su Familia Real Estate Inc
Source: MRED as distributed by MLS GRID,MLS#: 11815664
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Baseboard
Appliances
- Included: Gas Water Heater
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 2
- Parking features: No Garage, On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
Lot
- Size: 4,000 sqft
- Features: Corner Lot
Details
- Parcel number: 18124010470000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & neighborhood
Community
- Community features: Curbs, Sidewalks, Street Lights, Street Paved
Location
- Region: Summit Argo
- Subdivision: Argo
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2023 | Sold | $247,500+23.8% |
Source: | ||
| 7/11/2023 | Pending sale | $200,000 |
Source: | ||
| 7/5/2023 | Listing removed | -- |
Source: | ||
| 6/27/2023 | Listed for sale | $200,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $7,856 +26.8% | $28,388 +38.4% |
| 2022 | $6,195 +304.7% | $20,515 |
| 2021 | $1,531 +4.9% | $20,515 |
Find assessor info on the county website
Neighborhood: 60501
Nearby schools
GreatSchools rating
- 5/10Walsh Elementary SchoolGrades: K-4Distance: 0.4 mi
- 4/10Heritage Middle SchoolGrades: 6-8Distance: 0.8 mi
- 5/10Argo Community High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- High: Argo Community High School
- District: 104
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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$388,500
2% more+ $7,770
With Zillow Showcase(estimated)
$396,270