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$374,000
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Property Description
Rarely available multi-unit home ready for new owner/investor! Perfect opportunity for an instant money making investment opportunity or Live in one unit while renting out the other. Updated first floor unit offers white cabinetry, all new flooring through out, freshly painted and updated bathroom! Very well maintained! Boiler less than 5 years old, newer windows through out, water hater replaced in 2019, updated electrical panels. Property also offers a 2 car garage! Quiet area and excellent location with close proximity to expressway. Better yet, this home could qualify for a no PMI conventional loan with minimal down, contact listing agent for more information!
Full Property Details
Full Property Details for 7237 Park Ave
General
- Sold For: $374,000
- Taxes: $7,517 (2022)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12285833
- Added to Site: 383 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage Owned, Detached, Garage
Location
- Area: Summit
- County: Cook
- Driving Directions: Hanover to 73rd to park
School Information
- School District: 104
- Midd School District: 217
- High School: Argo Community High School
- Private School: Argo Community High School
Heating & Cooling
- Heating Type: Radiator(s)
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Full
- Year Built: 1961
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 4575
Financial Considerations
- Assessment Year: 1961
- Tax Amount: $7,517
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 18124050420000
Listed by RE/MAX of Naperville
Sold by Premier EA Realty LLC
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Schools
Schools serving 7237 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 | 1.3 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 7237 Park Ave
Date
Details
Price
Change
Source
4/24/2025
Sold
$374,000
-0.24%
MLS
2/06/2025
Listed
$374,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7237 Park Avenue, Summit, IL 60501 (MLS# 12285833) is a Multi-Family property that was sold at $374,000 on April 24, 2025. Want to learn more about 7237 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.

