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$579,900
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Property Description
Beautifully maintained threeunit brick building in an excellent location - originally rehabbed a few years ago with additional recent upgrades by the current owner including a new parking pad, separate furnaces and water heaters for each unit, refinished surfaces and new flooring throughout; units were freshly painted when the owner took over and tenants pay on time, making this a smoothly operating investment or ideal owneroccupied property. The lower level unit is 2 bedrooms/1 bath and the two upper units are 3 bedrooms/1 bath each, with utilities separated for simple tenant billing and low landlord overhead.
Full Property Details
Full Property Details for 7508 W 59th St
General
- Price: $579,900
- Taxes: $8,965 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12535900
- Updated: 1/4/2026
- Added to Site: 18 day(s) ago
Rental Information
- Complex Features: Street Lights
Interior
- Basement: Finished, E
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
- Bathroom Features: Soaking Tub
Bedrooms
- Total Bedrooms: 8
Additional Information
- Equipment: Ceiling Fan(s), Sump Pump
Parking
- Total Spaces: 6
- Parking Features: Unassigned, Off-Alley, Alley Access, Yes, Owned
Location
- Area: Summit
- County: Cook
- Township: Lyons
- Driving Directions: HARLEM TO 59TH STREET TURN WEST TO THE BUILDING .
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
- Water: Lake Michigan
Structural Information
- Construction: Vinyl Siding, Brick
- Exterior Const.: Vinyl Siding, Brick
- Basement: Yes
- Basement Desc.: Finished, Exterior Entry, Storage Space, Full
- Roof: Asphalt
- Year Built: 1918
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size (Acres): 0.08
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 31 x 124
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1918
- Tax Amount: $8,965.49
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 18132270320000
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Schools
Schools serving 7508 W 59th St
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 | 0.3 mi |
Walsh Elementary School, Summit, IL 5640 75th Avenue, Summit, IL 60501 | PK-4 | 0.3 mi |
W W Walker Elementary School 7735 66th Place, Bedford Park, IL 60501 | K-4 | 1 mi |
Heritage Middle School, Summit, IL 6021 South 74th Avenue, Summit, IL 60501 | 6-8 | 0.3 mi |
Argo Community High School 7329 West 63rd Street, Summit, IL 60501 | 9-12 | 0.6 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 7508 W 59th St
Date
Details
Price
Change
Source
12/29/2025
Listed
$579,900
99.97%
MLS
10/29/2021
Sold
$290,000
—
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 7508 W 59th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,409
9%
$23,999
34%
2022
$7,734
3%
$17,926
—
2021
$7,526
-2%
$17,926
—
2020
$7,706
-1%
$17,926
6%
2019
$7,792
3%
$16,950
—
2018
$7,536
101%
$16,950
—
2017
$3,747
-45%
$16,950
17%
2016
$6,813
3%
$14,426
—
2015
$6,603
2%
$14,426
—
2014
$6,462
-4%
$14,426
-14%
2013
$6,762
-4%
$16,810
—
2012
$7,038
—
$16,810
—
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 7508 W 59th St
7508 W 59th Street, Summit, IL 60501 (MLS# 12535900) is a Multi-Family property with 3 units containing 8 bedrooms and 0 full bathrooms. 7508 W 59th Street is currently listed for $579,900 and was received on December 29, 2025. Want to learn more about 7508 W 59th 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.

