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$577,500 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • Updated 2 hours ago

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Open House: 12:00 PM - 2:00 PM

Sunday 3/1 12:00 PM - 2:00 PM

7508 W 59th Street,Summit, IL 60501

7508 W 59th StreetSummitIL60501

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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 for 7508 W 59th St

General

  • Price: $577,500
  • Taxes: $8,965 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12579266
  • Updated: Today (2/27/2026)
  • Added to Site: Today

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

Listed by Realty of America, LLC

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— 7508 W 59th St —

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Schools serving 7508 W 59th St

School Districts:Summit School District 104, Argo Community High School District 217
NameGradesDistance
Otis P Graves Elementary School
6021 South 74th Avenue, Summit, IL 60501
PK-40.3 mi
Walsh Elementary School, Summit, IL
5640 75th Avenue, Summit, IL 60501
PK-40.3 mi
W W Walker Elementary School
7735 66th Place, Bedford Park, IL 60501
K-41 mi
Heritage Middle School, Summit, IL
6021 South 74th Avenue, Summit, IL 60501
6-80.3 mi
Argo Community High School
7329 West 63rd Street, Summit, IL 60501
9-120.6 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/27/2026
Listed
$577,500
99.14%
MLS
10/29/2021
Sold
$290,000
—
Public Record
Get Price Alerts and Save Property
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 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
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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7508 W 59th Street, Summit, IL 60501 (MLS# 12579266) is a Multi-Family property with 3 units containing 8 bedrooms and 0 full bathrooms. 7508 W 59th Street is currently listed for $577,500 and was received on February 27, 2026. 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.

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