This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/4
$239,900 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/4
Property Description
Calling all serious investors and vision-driven homeowners, this is the kind of opportunity that does not wait. Located in the red hot Summit area, this property is your chance to step into a project with real upside, strong fundamentals, and untapped potential. With amazing bones already in place, the foundation is set for something truly special. Recent improvements include a new roof, new windows, a new half bath in the basement, and a renovated full bath on the main level, giving you a head start while still leaving room to add your own vision and value. Whether you are looking to renovate, reposition, or build long-term equity, this property delivers the perfect canvas. It may require work, but for the right buyer, that is exactly where the opportunity begins. You are not just purchasing a property, you are securing the chance to create something meaningful and profitable. The property is being sold strictly as-is, with no survey or disclosures provided. The buyer will be responsible for all city inspections, property clean-out, and any required repairs. Taxes will be prorated at 100 percent, and all earnest money must be submitted in certified funds. All offers must include proof of funds or a pre-approval letter. This is a drive-by only opportunity with a site-unseen contract required. Please do not disturb or interfere with the tenant under any circumstances. All property details, including room count and lot size, are estimated and not guaranteed. Buyers are responsible for conducting their own due diligence. Opportunities like this come down to timing, vision, and decisiveness. If you recognize the value here, you already know your next move.
Full Property Details
Full Property Details for 7416 W 63rd Pl
General
- Price: $239,900
- Taxes: $1,839 (2022)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12609827
- Updated: 4/3/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 3
Additional Information
- Other Features: School Bus Service, Commuter Bus, Interstate Access
Location
- Area: Summit
- County: Cook
- Township: Lyons
- Driving Directions: Harlem to 63rd St. West to 74th Ave South to 63rd Pl West
School Information
- School District: 104
- Elem School District: 104
- Midd School District: 104
- High School District: 217
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Square Feet: 1,200
- Sq. Ft. Source: Estimated
- Year Built: 1961
- Built Before 1978: Yes
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
Financial Considerations
- Assessment Year: 1961
- Tax Amount: $1,839
- Tax Year: 2022
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 18242010410000
Listed by RE/MAX 10 Lincoln Park
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 7416 W 63rd Pl
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 | 0.4 mi |
W W Walker Elementary School 7735 66th Place, Bedford Park, IL 60501 | K-4 | 0.6 mi |
Walsh Elementary School, Summit, IL 5640 75th Avenue, Summit, IL 60501 | PK-4 | 0.9 mi |
Heritage Middle School, Summit, IL 6021 South 74th Avenue, Summit, IL 60501 | 6-8 | 0.4 mi |
Argo Community High School 7329 West 63rd Street, Summit, IL 60501 | 9-12 | 0.1 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 7416 W 63rd Pl
Date
Details
Price
Change
Source
4/03/2026
Listed
$239,900
-44.85%
MLS
6/02/2023
Sold
$435,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7416 W 63rd Pl
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,409
8%
$23,999
33%
2022
$7,811
3%
$18,105
—
2021
$7,602
-2%
$18,105
—
2020
$7,783
29%
$18,105
38%
2019
$6,034
3%
$13,125
—
2018
$5,836
—
$13,125
—
2017
$5,827
-8%
$13,125
-2%
2016
$6,339
-15%
$13,422
-18%
2015
$7,472
2%
$16,325
—
2014
$7,313
64%
$16,325
47%
2013
$4,470
-4%
$11,112
—
2012
$4,653
—
$11,112
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7416 W 63rd Pl
7416 W 63rd Place, Summit, IL 60501 (MLS# 12609827) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 7416 W 63rd Place is currently listed for $239,900 and was received on April 03, 2026. Want to learn more about 7416 W 63rd Place? Do you have questions about finding other Single Family real estate for sale in Summit? You can browse all Summit real estate or contact a Coldwell Banker agent to request more information.

