Active

$239,900

7416 63rd Place, Summit, IL 60501
3 Beds2 Baths0 sqft7 days
7416 63rd Place·Summit, IL 60501
3Bedrooms
2Bathrooms
0Sq Ft
1961Year Built
About This Home

Calling all serious investors and vision-driven homeowners, this is the kind of opportunity that does not wait. Located in the red hot Summit area, this property is your chance to step into a project with real upside, strong fundamentals, and untapped potential. With amazing bones already in place, the foundation is set for something truly special. Recent improvements include a new roof, new windows, a new half bath in the basement, and a renovated full bath on the main level, giving you a head start while still leaving room to add your own vision and value. Whether you are looking to renovate, reposition, or build long-term equity, this property delivers the perfect canvas. It may require work, but for the right buyer, that is exactly where the opportunity begins. You are not just purchasing a property, you are securing the chance to create something meaningful and profitable. The property is being sold strictly as-is, with no survey or disclosures provided. The buyer will be responsible for all city inspections, property clean-out, and any required repairs. Taxes will be prorated at 100 percent, and all earnest money must be submitted in certified funds. All offers must include proof of funds or a pre-approval letter. This is a drive-by only opportunity with a site-unseen contract required. Please do not disturb or interfere with the tenant under any circumstances. All property details, including room count and lot size, are estimated and not guaranteed. Buyers are responsible for conducting their own due diligence. Opportunities like this come down to timing, vision, and decisiveness. If you recognize the value here, you already know your next move.

MLS# 12609827Listed April 3, 2026Residential
Property Details

Beds & Baths

Total Bedrooms3
Total Bathrooms2
Full Baths1
Half Baths1
Total Rooms5

Size & Structure

Living Area0 sqft
Year Built1961
Lot Size25X125

Location

CountyCook
TownshipLyons
Zip Code60501

Financial

List Price$239,900
Annual Taxes (2022)$1,839
Monthly Tax Est.$153
Parcel #18242010410000
Interior Features

Heating

Natural GasForced Air

Cooling

None

Basement

UnfinishedFull
Exterior & Lot

Construction

Brick

Roof

Asphalt

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Public
Tax & Financial
Annual Taxes
$1,839
Tax Year 2022
Monthly Tax Est.
$153
per month
Property Location

7416 63rd Place, Summit, IL 60501 — Cook County

$239,900
7416 63rd Place
3 bd2 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
7 days on market
25X125
$1,839/yr taxes
$1,414
estimated monthly payment
Principal & Interest
$1,261/mo
Property Tax
$153/mo
$239,900
20% — $47,980
3%50%
6.875%
3%12%
Loan Amount
$191,920
Down Payment
$47,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
RE/MAX 10 Lincoln Park
Agent: Monica Poland
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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