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7506 W Hanover Street, Summit, IL 60501
$430,000
7506 W Hanover Street, Summit, IL 60501View this property at 7506 W Hanover Street, Summit, IL 60501
7506 W Hanover StreetSummitIL60501
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Property Description
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!
Full Property Details
Full Property Details for 7506 W Hanover St
General
- Sold For: $430,000
- Taxes: $8,500 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: 11980415
- Added to Site: 107 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 7
Parking
- Garage: Yes
- Garage Ownership: Owned
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Garage
Location
- Area: Summit
- County: Cook
- Driving Directions: TAKE HARLEM TOWARDS ARCHER.. THEN HANOVER STEET(54TH ST ) WEST TO PROPERTY.
School Information
- School District: 217
- Midd School District: 217
- Elementary School: Argo Community High School
Heating & Cooling
- Heating Type: Natural Gas, Baseboard
Utilities
- Water: Public
Structural Information
- Exterior Const.: Brick
- Basement Desc.: Full
- Year Built: 1970
- Built Before 1978: Yes
- Remodeled/Updated: 2024
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3907
Financial Considerations
- Assessment Year: 1970
- Tax Amount: $8,500
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 18124200120000
Listed by DEI Realty LLC
Sold by Premiere Realty Group Inc
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Schools
Schools serving 7506 W Hanover St
School Districts:Summit Sd 104, Argo Community High School District 217
Rating | Name | Grades | Distance |
---|---|---|---|
5640 S 75th Ave, Summit, IL 60501 | K-4 | 0.4 mi | |
7555 W 64th St, Summit, IL 60501 | 5-5 | 1.4 mi | |
7735 W 66th Pl, Bedford Park, IL 60501 | K-4 | 1.7 mi | |
6021 S 74th Ave, Summit, IL 60501 | 6-8 | 0.8 mi | |
7329 W 63rd St, Summit, IL 60501 | 9-12 | 1.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7506 W Hanover St
Date
Details
Price
Change
Source
5/16/2024
Sold
$430,000
-9.47%
MLS
2/14/2024
Listed
$475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7506 W Hanover Street, Summit, IL 60501 (MLS# 11980415) is a Multi-Family property that was sold at $430,000 on May 16, 2024. Want to learn more about 7506 W Hanover Street? Do you have questions about finding other Multi-Family real estate for sale in Summit? You can browse all Summit real estate or contact a Coldwell Banker agent to request more information.