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$489,900
Est. payment /mo
7 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12317988
Bedrooms 7
Year Built 1964
Annual Tax Amount $10,900
Tax Year 2023
Lot Dimensions 25X125
Property Sub-Type Two to Four Units
Property Description
Discover this stunningly remodeled 4-flat building that presents an exceptional investment opportunity or a delightful place to call home. Each unit has been thoughtfully Remodeled by a detailed and picky landlord with a construction background, boasting modern amenities and elegant finishes. The upgrades include contemporary kitchens equipped with granite countertops and new appliances, while beautiful flooring adds warmth and charm throughout. The bathrooms are remodeled with stylish vanities , ceramic modern tilework and contemporary light fixtures, all updated in 2018, 2021, and 2024. The property features meticulously maintained common areas with clean and inviting hallways that were just refinished in 2025. Each unit is designed for comfort and convenience, featuring separate central heating and air conditioning systems installed in past few years with new ductwork and components. Enjoy the efficiency of few years old windows, added insulation plus durable and elegant interior and exterior doors. Brick construction complemented by recently updated sofits and downspouts. High efficiency hot water heater just installed and common area laundry hookups are available. Ensuring peace of mind, the building boasts a dry gravel crawlspace equipped with a sump pump for optimal moisture control. The premises offer 4 dedicated parking spaces, providing ample convenience for residents along with currently fenced grassy areas for tenant's shared enjoyment. Tenants contribute to their individual utility costs, covering gas, heat, and electricity. Benefiting from dedicated, long-term month-to-month renters, this property is an enticing prospect for discerning buyers offering an ability to adjust the rents to market price if desired. Situated in the vibrant city of Summit, this property has successfully passed all city inspections and stands fully compliant with local regulations. Opportunities like this, offering such a high level of care and attention to detail, are a rarity in the market. Even the most picky buyers will appreciate this extraordinary residence that is truly a jewel in the real estate investment landscape.
Location
State IL
County Cook
Community Curbs, Sidewalks, Street Lights
Zoning MULTI
Rooms
Basement Crawl Space
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
View Y/N true
Roof Type Asphalt
Building
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
School District 104, 104, 217
Others
Ownership Fee Simple
Special Listing Condition None
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Joanna Lewkowicz • Boutique Home Realty