7548 W 61st Street, Summit, IL

$350,000

Overview

  • 42481
  • Property ID
  • Updated On:
  • March 30, 2026
  • 8
  • Bedrooms
  • 5
  • Bathrooms

Description

Great investment opportunity! This legal 4-unit frame building offers tremendous potential and is being sold as-is. The property includes two 2BD/1BA units in the front and two smaller rear units with more compact bedrooms. City violations are present, and the Village of Summit requires the buyer to post a $30,000 bond. Cash or Conventional financing preferred. Don’t miss this value-add opportunity with excellent upside for the right investor.

Bathrooms
3+
Bedrooms
5+
Climate Control
Heating
Parking
Garage
Swimming Pool
Yes
Other Features
Asphalt
Detached
Forced Air
Frame
Natural Gas
Public
Public Sewer
Steam

yelp logo

$1,794.52
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 1,357.02

Similar Listings

For Sale

7943 S Laflin Street, Chicago, IL

$250,000
Beds:
6
Baths:
2
Rare Auburn Gresham Gem: Auburn Gresham is currently undergoing a significant revitalizati ...
For Sale

3024 W 40th Place, Chicago, IL

$380,000
Beds:
6
Baths:
2
Multiple offers received. Highest and best called by 6pm on Sunday.Welcome to this excepti ...
Information for the property at 7548 W 61st Street, Summit, IL, 60501 (Property ID: 42481) 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.

Compare Listings

Sunita Kakarlapudi