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  • $430,000

    7506 W Hanover St, Summit Argo, IL 60501

    7beds
    --sqft
    Multi Family
    Built in 1970
    -- sqft lot
    $485,300 Zestimate®
    $--/sqft
    $1,794 Estimated rent

    Home value

    $485,300

    $437,000 - $539,000

    $1,794/mo

    Zestimate® history
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    $2,867/mo

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    What's special

    Welcome to your golden opportunity! This charming brick 2-unit building with a garden unit is packed with potential and offers an exciting future in an up-and-coming area. Each unit has its own unique appeal. The spacious 3-bedroom, 1.5-bathroom layout on the 2nd floor ensures ample space for a growing family. The 1st-floor unit mirrors this generous layout, offering comfort and functionality. Additionally, the garden unit, with its 1 bedroom and 1 bathroom, provides a cozy retreat for a single occupant or couple. You'll love the convenience of the 2-car garage, which provides secure parking for your vehicles and extra storage space. One of the key advantages of this property is the separate utilities for each unit, giving you and your tenants control over your own expenses. Wall units are installed to cool the apartments, ensuring a comfortable living environment all year round. Heated by very affordable baseboard heat. Situated next to a park, this property is perfect for families who enjoy outdoor activities and picnics. Plus, with new construction projects popping up across the street, you'll be at the forefront of this area's growth and development. Whether you're an investor looking for a profitable opportunity or a homeowner seeking a comfortable place to live with the added benefit of extra income(estimated rents for 3 bed are $2200-$2400, 1 bed $1100-1200), this property offers a world of possibilities. Don't miss out on this chance to make this versatile property your own and unlock its incredible potential. Schedule a viewing today and take the first step toward securing your future in this thriving neighborhood!

    Zillow last checked: 8 hours ago

    Listing updated: May 17, 2024 at 01:45pm

    Listing courtesy of:

    Oscar Darden Jr 312-815-2751,

    DEI Realty LLC

    Bought with:

    Crystal Chavez

    Premiere Realty Group Inc

    Source: MRED as distributed by MLS GRID,MLS#: 11980415MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    Heating
    • Natural Gas, Baseboard
    Features
    • Basement: Finished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Site, Garage Owned, Detached, Garage
    • Garage spaces: 2
    Lot
    • Size: 3,907 sqft
    Details
    • Parcel number: 18124200120000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1970
    • Major remodel year: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Summit Argo

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/16/2024Sold$430,000-9.5%
    Source: MRED as distributed by MLS GRID #11980415
    2/23/2024Pending sale$475,000
    Source: MRED as distributed by MLS GRID #11980415
    2/14/2024Listed for sale$475,000
    Source: MRED as distributed by MLS GRID #11980415

    Public tax history

    Tax history is unavailable.

    Neighborhood: 60501

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Argo Community High School
    • District: 217

    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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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $485,300
    2% more+ $9,706
    With Zillow Showcase(estimated)
    $495,006