7506 Hanover Street, Summit, Illinois 60501


$430,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 7
Baths: 0
Year Built: 1970
Property Taxes: $8,500
Days On Market: 634
Lot Size: 0,00
Map
Street View

Description

Welcome to your golden opportunity! This charming brick 2-unit building with a garden unit is packed with potential and offers an exciting future in an up-and-coming area. Each unit has its own unique appeal. The spacious 3-bedroom, 1.5-bathroom layout on the 2nd floor ensures ample space for a growing family. The 1st-floor unit mirrors this generous layout, offering comfort and functionality. Additionally, the garden unit, with its 1 bedroom and 1 bathroom, provides a cozy retreat for a single occupant or couple. You'll love the convenience of the 2-car garage, which provides secure parking for your vehicles and extra storage space. One of the key advantages of this property is the separate utilities for each unit, giving you and your tenants control over your own expenses. Wall units are installed to cool the apartments, ensuring a comfortable living environment all year round. Heated by very affordable baseboard heat. Situated next to a park, this property is perfect for families who enjoy outdoor activities and picnics. Plus, with new construction projects popping up across the street, you'll be at the forefront of this area's growth and development. Whether you're an investor looking for a profitable opportunity or a homeowner seeking a comfortable place to live with the added benefit of extra income(estimated rents for 3 bed are $2200-$2400, 1 bed $1100-1200), this property offers a world of possibilities. Don't miss out on this chance to make this versatile property your own and unlock its incredible potential. Schedule a viewing today and take the first step toward securing your future in this thriving neighborhood!

Property Specifics

Multi-unit
1970
No
Cook
— / —
11980415
18124200120000

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Argo Community High School
217

Property History

DATE: EVENT: PRICE: SOURCE:
16 May, 2024 Sold $430,000 MRED MLS
21 Feb, 2024 Under contract $475,000 MRED MLS
14 Feb, 2024 Listed for sale $475,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 7
Bedrooms Above Ground: 7
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 5
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Finished

Other Specifics

2
3907
Not in DB

Tax History

Year Property Taxes
2024 $8,500

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Contact Agent

Listing Provided By

DEI Realty LLC