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$680,000
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Property Description
Turnkey 6-unit investment opportunity in Summit Argo! This well-maintained multi-family building features five 1BD/1BA units and one spacious 2BD/1BA unit, with 5 of 6 units currently occupied by long-term, month-to-month tenants - no lease headaches, just steady income from day one. The sellers have taken pride in maintaining the building. Investors will love the no-fuss layout - no interior stairwell to maintain - plus an on-site coin laundry room for added convenience and additional income potential. A private rear parking lot adds everyday ease for tenants and long-term appeal for the next owner. One unit is vacant and ready for an owner-occupant or to be leased at market rate immediately. Current rents are all far below market value. A rare chance to step into a stabilized asset with reliable tenants and room to grow. Don't miss it!
Full Property Details
Full Property Details for 6200 S Harlem Ave
General
- Sold For: $680,000
- Taxes: $10,750 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12621225
- Added to Site: 134 day(s) ago
Location
- Area: Summit
- County: Cook
- Driving Directions: From 63rd & Harlem: Head north on Harlem Ave, property on the right
Heating & Cooling
- Cooling Type: Wall Sleeve
- Heating Type: Baseboard
Structural Information
- Stories/Levels: 2
- Current Bldg. Use: Multi-Family
- Year Built: 1961
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 57 x 72
Financial Considerations
- Operating Expenses: $7,700
- Assessment Year: 1961
- Tax Amount: $10,750
- Tax Year: 2023
Disclosures and Reports
- Property ID: 18134260240000
Listed by eXp Realty
Sold by Compass
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Schools
Schools serving 6200 S Harlem Ave
School Districts:Summit School District 104, Argo Community High School District 217
| Name | Grades | Distance |
|---|---|---|
Otis P Graves Elementary School 6021 South 74th Avenue, Summit, IL 60501 | PK-4 | 0.3 mi |
Walsh Elementary School, Summit, IL 5640 75th Avenue, Summit, IL 60501 | PK-4 | 0.8 mi |
W W Walker Elementary School 7735 66th Place, Bedford Park, IL 60501 | K-4 | 0.9 mi |
Heritage Middle School, Summit, IL 6021 South 74th Avenue, Summit, IL 60501 | 6-8 | 0.3 mi |
Argo Community High School 7329 West 63rd Street, Summit, IL 60501 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6200 S Harlem Ave
Date
Details
Price
Change
Source
8/28/2026
Sold
$680,000
-2.86%
MLS
4/16/2026
Listed
$700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6200 S Harlem Avenue, Summit, IL 60501 (MLS# 12621225) is a Commercial property that was sold at $680,000 on August 28, 2026. Want to learn more about 6200 S Harlem Avenue? Do you have questions about finding other Commercial real estate for sale in Summit? You can browse all Summit real estate or contact a Coldwell Banker agent to request more information.

