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Mike Machlet

mmachlet@remax.net +1(847) 401-4040

$ 409,000

Est. payment | -/mo

5 Beds

3 Baths

4,791 Sqft Lot

Save

$ 409,000

Est. payment | -/mo

Save

5 Beds

3 Baths

4,791 Sqft Lot

Open House

Sun Nov 16, 11:00am - 1:00pm

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12513440

Style Bungalow

Bedrooms 5

Year Built 1948

Annual Tax Amount $8,649

Tax Year 2023

Lot Size 4,791 Sqft

Lot Dimensions 40X125

Property Sub-Type Two to Four Units

Property Description

Exceptional opportunity to own a solid and spacious legal 2-unit building in the heart of Summit Argo. Both units offer generously sized bedrooms and large, functional kitchens, providing comfortable living spaces with great natural light and layout flexibility. The property features a full basement with laundry, storage options, and potential for additional improvement or future expansion ideas. A detached 2-car garage and a wide, well-kept backyard add to the usability and long-term appeal of the home. While minor updating is needed, the structure and major components offer a strong foundation for customization-ideal for investors looking to maximize rental income or owner-occupants wanting to build equity. This property delivers outstanding value in a high-demand rental area known for its convenience, community amenities, and easy access to transportation, schools, and shopping. Don't miss this chance to secure a versatile investment with excellent upside potential in a sought-after location.

Location

State IL

County Cook

Area Summit

Zoning MULTI

Rooms

Basement Finished, Full

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Garage Spaces 2.0

Community Features Park, Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Lot Description Corner Lot

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Brick

New Construction false

Schools

Elementary Schools Walsh Elementary School

Middle Schools Heritage Middle School

High Schools Argo Community High School

School District 104 , 104, 217

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Terrie Whittaker of Redfin Corporation

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Mike Machlet

Partner

mmachlet@remax.net

+1(847) 401-4040

1100 Nerge Rd Ste. 204, Elk Grove Village, IL, 60007, USA

7346 W 57th PL Summit, IL 60501

Mike Machlet

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

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7346 W 57th PL