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$420,000
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Property Description
Rare investment Opportunity Alert! Here's your chance to own a money-maker in Summit! 4-Unit Property, 7-Bedrooms, 4-Bathrooms, 4 Parking spaces in the back of the building and Coins laundry room. Fully Occupied - Stable Income Stream Don't miss out on this incredible investment! Contact your local realtor today for more information or to schedule a private tour. Act fast-opportunities like this don't last long!
Full Property Details
Full Property Details for 7222 Park Ave
General
- Sold For: $420,000
- Taxes: $10,861 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12254382
- Added to Site: 441 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 7
Additional Information
- Equipment: TV Antenna, Carbon Monoxide Detectors, Ceiling Fan(s)
Parking
- Total Spaces: 4
- Parking Features: None, On Site, Other
- Parking On-Site: Yes
Location
- Area: Summit
- County: Cook
- Driving Directions: HARLEM N OF ARCHER TO HANOVER W TO 73RD AVE N TO BUILD.
School Information
- School District: 104
- Midd School District: 104
Heating & Cooling
- Heating Type: Natural Gas, Steam, Baseboard
Utilities
- Water: Lake Michigan, Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Crawl Space
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Manufactured Home
- Model: 4 FLAT
Lot Features
- Lot Size (Acres): 0.25
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
- Zoning: MULTI
Financial Considerations
- Tax Amount: $10,861.23
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 18124040291000
Listed by Midwest SignatureProperties Co
Sold by Re/Max Mi Casa
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Schools
Schools serving 7222 Park Ave
School Districts:Summit School District 104, Argo Community High School District 217
| Name | Grades | Distance |
|---|---|---|
Walsh Elementary School, Summit, IL 5640 75th Avenue, Summit, IL 60501 | PK-4 | 0.7 mi |
Dr Donald Wharton Elementary School 7555 64th Street, Summit, IL 60501 | 5- | 1.6 mi |
W W Walker Elementary School 7735 66th Place, Bedford Park, IL 60501 | K-4 | 1.9 mi |
Heritage Middle School, Summit, IL 6021 South 74th Avenue, Summit, IL 60501 | 6-8 | 1 mi |
Argo Community High School 7329 West 63rd Street, Summit, IL 60501 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7222 Park Ave
Date
Details
Price
Change
Source
6/30/2025
Sold
$420,000
9.09%
MLS
12/10/2024
Listed
$385,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7222 Park Avenue, Summit, IL 60501 (MLS# 12254382) is a Multi-Family property that was sold at $420,000 on June 30, 2025. Want to learn more about 7222 Park Avenue? 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.

