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$330,000
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Property Description
Great investment opportunity!**Legal 4-unit building with value-add potential. Property is being sold "as-is". Cash or conventional financing preferred. Excellent upside with stabilized rents once improvements are completed.
Full Property Details
Full Property Details for 7548 W 61st St
General
- Sold For: $330,000
- Taxes: $6,987 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12519853
- Added to Site: 237 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 8
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Detached, Garage
Location
- Area: Summit
- County: Cook
- Driving Directions: Harlem to 61st Street, west to the property address
School Information
- School District: 104
- Midd School District: 104
- High School: Argo Community High School
- Private School: Argo Community High School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air, Steam
Utilities
- Water: Public
Structural Information
- Construction: Frame
- Exterior Const.: Frame
- Basement Desc.: Partially Finished, Full
- Roof: Asphalt
- Year Built: 1915
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 30 x 125
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1915
- Tax Amount: $6,987
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 18134110200000
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Schools
Schools serving 7548 W 61st St
School Districts:Summit School District 104, Argo Community High School District 217
| Name | Grades | Distance |
|---|---|---|
Dr Donald Wharton Elementary School 7555 64th Street, Summit, IL 60501 | 5- | 0.4 mi |
Walsh Elementary School, Summit, IL 5640 75th Avenue, Summit, IL 60501 | PK-4 | 0.5 mi |
W W Walker Elementary School 7735 66th Place, Bedford Park, IL 60501 | K-4 | 0.7 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 | 0.4 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 7548 W 61st St
Date
Details
Price
Change
Source
5/29/2026
Sold
$330,000
—
MLS
4/28/2026
Price Reduced
$330,000
-5.71%
MLS
11/18/2025
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7548 W 61st Street, Summit, IL 60501 (MLS# 12519853) is a Multi-Family property that was sold at $330,000 on May 29, 2026. This property was listed by Jose Hernandez from our Lincoln Park Office.Want to learn more about 7548 W 61st 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.


