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$289,000 Just Listed
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Property Description
Great opportunity in Summit! Large 2-flat offering spacious units, a full basement with a bathroom, and a large unfinished walk-up attic providing plenty of additional storage and future possibilities. Property also features a fenced yard and concrete alley access. This is an excellent opportunity for an investor, rehabber, or owner-occupant looking to add value. The price reflects the updating and improvements needed throughout the property. Bring your ideas and make this property your own. Property is being sold strictly AS-IS. Seller will not make repairs. Buyer will be responsible for any Village of Summit inspection requirements, repairs, or compliance items. Buyer to perform all due diligence and verify room sizes, property condition, zoning, and permitted uses. Plenty of potential in a solid 2-flat with a full basement, walk-up attic, and generous space throughout. Don't miss this value-add opportunity!
Full Property Details
Full Property Details for 7439 W 56th St
General
- Price: $289,000
- Taxes: $7,893 (2025)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12765924
- Updated: 9/21/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: Partially
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 2.5
- Total Spaces: 2
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: Summit
- County: Cook
- Township: Lyons
- Driving Directions: I-55 to 1st Ave (IL-171) South. Right on Archer Ave, then quick left onto W 56th St. Continue to 7439 W 56th St
School Information
- School District: 104
- Elem School District: 104
- Midd School District: 104
- High School District: 217
- Elementary School: Walsh Elementary School
- Middle School: Heritage Middle School
- High School: Argo Community High School
- Private School: Argo Community High School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer, Storm Sewer
- Water: Lake Michigan, Public
Structural Information
- Construction: Cedar
- Exterior Const.: Cedar
- Basement: Yes
- Basement Desc.: Partially Finished, Full
- Year Built: 1908
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 30 x 124 x 30 x 124
Financial Considerations
- Assessment Year: 1908
- Tax Amount: $7,893.12
- Tax Year: 2025
- Pays Sewer: Public Sewer, Storm Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 18132080030000
Listed by Cucci Realty
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Schools
Schools serving 7439 W 56th St
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 | 0.1 mi |
Otis P Graves Elementary School 6021 South 74th Avenue, Summit, IL 60501 | PK-4 | 0.5 mi |
W W Walker Elementary School 7735 66th Place, Bedford Park, IL 60501 | K-4 | 1.3 mi |
Heritage Middle School, Summit, IL 6021 South 74th Avenue, Summit, IL 60501 | 6-8 | 0.5 mi |
Argo Community High School 7329 West 63rd Street, Summit, IL 60501 | 9-12 | 0.9 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 7439 W 56th St
Date
Details
Price
Change
Source
9/21/2026
Listed
$289,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7439 W 56th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,133
18%
$23,673
36%
2022
$6,052
2%
$17,448
—
2021
$5,928
-4%
$17,448
—
2020
$6,167
12%
$17,448
13%
2019
$5,497
3%
$15,387
—
2018
$5,314
286%
$15,387
—
2017
$1,378
-76%
$15,387
7%
2016
$5,643
4%
$14,446
—
2015
$5,411
-7%
$14,446
-7%
2014
$5,822
2%
$15,566
-8%
2013
$5,723
-5%
$16,857
—
2012
$6,013
—
$16,857
—
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 7439 W 56th St
7439 W 56th Street, Summit, IL 60501 (MLS# 12765924) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 7439 W 56th Street is currently listed for $289,000 and was received on September 21, 2026. Want to learn more about 7439 W 56th Street? 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.

