7235 Park Avenue, Summit, IL 60501 - Photo 1

1/1

$409,000

Sold
Closed
Multi-Family
5 Total Beds
2 Car Garage
Updated 3 days ago

1/1

Property Description

Welcome to this beautifully updated 2-unit building in the desirable Summit area. Both units have been recently updated, featuring fresh finishes and functional layouts ideal for today's lifestyle. Each unit offers bright living spaces, updated kitchens, and modernized baths, making this property an excellent opportunity for owner-occupants or investors seeking reliable rental income. The property's location is unbeatable-just minutes to I-55 for easy commuting, approximately 30 minutes to Midway Airport, and less than 30 minutes to Downtown Chicago. Whether you're looking to expand your portfolio or secure a comfortable home with additional income potential, this property is ready for you.

Full Property Details

Full Property Details for 7235 Park Ave

General

Sold For: $409,000
Taxes: $10,161 (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12525651
Added to Site: 45 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 2

Bedrooms

Total Bedrooms: 5

Exterior

Exterior Features: Fire Pit

Parking

Garage: Yes
Garage Spaces: 2
Total Spaces: 2
Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage

Location

Area: Summit
County: Cook
Driving Directions: Harlem to Hanover turn right on 73rd ave

School Information

School District: 104
Midd School District: 104

Heating & Cooling

Heating Type: Natural Gas

Utilities

Water: Lake Michigan

Structural Information

Construction: Brick
Exterior Const.: Brick
Basement Desc.: None
Foundation: Concrete Perimeter
Roof: Asphalt
Windows: Screens
Year Built: 1961
Built Before 1978: Yes
Remodeled/Updated: 2023

Unit Information

Units in Building: 2

Lot Features

Lot Size (Acres): 0.11
Lot Size Range: Less than .25 Acre
Lot Dimensions: 4575 sq ft
Zoning: MULTI

Financial Considerations

Assessment Year: 1961
Tax Amount: $10,161
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: List Broker Must Accompany
Property ID: 18124050410000

Listed by Exit Real Estate Partners

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Meet the selling agent

— 7235 Park Ave —

Jennifer Rodriguez

Email Me

(773) 954-8250 mobile

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NMLS#: 1598647

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Schools

Schools serving 7235 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	0.6 mi
Dr Donald Wharton Elementary School 7555 64th Street, Summit, IL 60501	5-	1.5 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	0.9 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 7235 Park Ave

Date

Details

Price

Change

Source

1/09/2026

Sold

$409,000

—

MLS

12/01/2025

Listed

$409,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Just Listed

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Single Family
Active
Updated 2 days ago

3
Beds
2
Total Baths
1,344
Sq. Ft.

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Just Listed

$324,900

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Single Family
Active
Updated 2 days ago

2
Beds
2
Total Baths
996
Sq. Ft.

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Just Listed

$334,900

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Single Family
Active
Updated 3 days ago

3
Beds
2
Total Baths
1,244
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Just Listed

$260,000

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Single Family
Active
Updated 1 day ago

3
Beds
1
Total Bath
960
Sq. Ft.

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Price Reduced

-$6,000 (-4.42%)

$129,900

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Condo / Townhouse
Active
Updated 18 hours ago

1
Bed
1
Total Bath
670
Sq. Ft.

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Price Reduced

-$10,000 (-3.71%)

$259,900

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Single Family
Active
Updated 1 day ago

3
Beds
1
Total Bath
1,120
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Price Reduced

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$345,000

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Single Family
Active
Updated 2 days ago

4
Beds
2
Total Baths
1,581
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Price Reduced

-$10,000 (-3.51%)

$275,000

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Single Family
Active
Updated 3 days ago

3
Beds
1
Total Bath
1,080
Sq. Ft.

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Sold

$395,000

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Multi-Family
Closed

5
Total Beds

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Sold

$420,000

5446 S 73rd Ct Summit, IL 60501

Single Family
Closed

5
Beds
3
Total Baths
2,817
Sq. Ft.

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Sold

$389,900

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Single Family
Closed

4
Beds
3
Total Baths
2,500
Sq. Ft.

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Sold

$375,000

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Single Family
Closed

4
Beds
2
Total Baths
1,377
Sq. Ft.

Listed by Eddie Tovar
Sold by Luis Gonzalez and The Rosie Gonzalez Group

7235 Park Avenue, Summit, IL 60501 (MLS# 12525651) is a Multi-Family property that was sold at $409,000 on January 09, 2026. Want to learn more about 7235 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.

7235 Park Ave Summit, IL 60501