7416 W 63rd Place, Summit, IL

$239,900

Overview

  • 438774
  • Property ID
  • Updated On:
  • April 23, 2026
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 1,200 ft2
  • Property Size

Description

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 newer roof, newer windows, a newer 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, and so as the garage 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. 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.

Bathrooms
2
Bedrooms
3
Climate Control
Heating
Floor Area
1,000-2,000 sqft
Garden
Yes
Parking
Garage
Other Features
Asphalt
Brick
Concrete Perimeter
Detached
Forced Air
Garage Owned
Natural Gas
None
Off Alley
Public
Public Sewer

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$1,230.01
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 930.14

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Information for the property at 7416 W 63rd Place, Summit, IL, 60501 (Property ID: 438774) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi