See Home Value
Summit 60501 Summit
7311 W 57TH Street
$234,900
● House - Off Market

7311 W 57TH Street

Summit, IL 60501
bedrooms
3 Beds
bathrooms
1 Bath
$1,651
Est. Monthly
7.68%
Cap Rate

About This Property

NICE AND SOLID BRICK BUNGALOW LOCATED CLOSE TO ALL OF THE AREA AMMENITIES, TRANSPORTATION, PARKS, SHOPPING AND SCHOOLS. THREE MAIN FLOOR BEDROOMS AND POSSIBLE TWO MORE DOWNSTAIRS.SHARP REFINISHED HARDWOOD FLOORS ON 1ST FLOOR. RECENTLY PAINTED. UPDATED FURNACE.GARAGE HAS NEWER ROOF(2024). BIG BASEMENT THAT IS PARTIALY FINISHED WITH MANY ROOMS THAT CAN BE USED FOR YOUR OWN CHOICE. LARGE WORKROOM AND LAUNDRY. STORAGE AREA.  A LITTLE REMODELING AND THIS CAN BE A GREAT AFFORDABLE PLACE FOR ANY BUYER. LARGE 2 CAR GARAGE WITH 1 CAR CARPORT ATTACHED. OFF ALLEY.  ALL APPLIANCES STAY.  *** THERE IS A FREE STANDING SHOWER IN THE BASEMENT WHICH HAS NOT BEEN USED FOR A FEW YEARS.. IT IS BEING CONVEYED IN "AS-IS" CONDITION.***
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$497
HOA Dues
-
Year Built
1955

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12279317)

Price History

Date / Event Date Event Price
Mar 12, 2025 Sold
Sold
Feb 7, 2025 In contract -
In contract
Feb 3, 2025 Listed by Harthside Realtors, Inc. $234,900
Listed by Harthside Realtors, Inc.

Property Highlights


Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,375
  • Total Building Area: 1,082
  • Gross Building Area: 1,082
  • Building Area: 1,082
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,082
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FREDERICK H BARTLETTS ADD 07
  • Land Acres: 0000000100
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Argo Community High School District 217
  • Census Tract: 820300

Geography

  • District: 21
  • Parcel: 18-13-217-037-0000
  • Block: 114
  • Lot: 2
  • Meridian: SEC 13 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.7879
  • Longitude: -87.8044

    Address

  • Full Address: 7311 W 57th St
  • Address - House Number: 7311
  • Street Direction: W
  • Address - Street Name: 57th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Summit Argo
  • Carrier Code: C002
  • 4-Digit Zip Code: 1321
  • Zip Code: 60501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $399,634
  • Tax Rate Code Area: 21038

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 280,768
  • High Value: 344,879
  • Low Value: 216,658

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $31,720
  • Market Improvement Value: $198,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $3,172
  • Assessed Improvements Value: $19,828
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Summit


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 6122 W 55th Street, Chicago, IL, 60638

$2,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
6122 W 55th Street #1, Chicago, IL, 60638 Listing by Gustavo Vargas


Frequently Asked Questions

When was property at 7311 West 57th Street built and last sold?
The property at 7311 West 57th Street was built in 1955 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7311 West 57th Street is $237,249.
What are some comparable homes to 7311 West 57th Street?
There are currently no comparable homes to 7311 West 57th Street.