$350,000
Unlock Price Rating!

7548 W 61St Street, Summit, IL 60501

8 Beds
5 Baths
- Sq Ft

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 offers preferred. Don't miss this value-add opportunity with excellent upside for the right investor.

  • MLS# 12519853
  • Date Listed11/18/2025
  • Days on Realty 7 Days
  • Bedrooms 8
  • Bathrooms 5 baths
  • Lot Size -
  • Sewer Public Sewer
  • Property Type Multi Family
  • County Cook
  • Year Built 1915
  • Water Public

Interior Features

  • Heating Natural Gas, Forced Air, Steam

Exterior / Lot Features

  • Roof Asphalt
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Financial Considerations

  • Tax Amount $6,987
  • Terms Cash, Conventional, FHA, VA Loan

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in IL / 60501

Source: Walkscore

77/100

Very Walkable

Walk Score ®

61/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 44/100, Transit Score: 8/100, Bike Score: 48/100.

Property Change History

Points of Interest near 7548 W 61st Street, Summit, IL 60501

Frequently Asked Questions for 7548 W 61st Street

Source: Realty.com

7548 W 61st Street, Summit, IL 60501 is a Multi Family, Residential Income property listed for $350,000 The property is - sq. ft with 8 bedrooms and 5 bathrooms

Realty.com has 20 photos of 7548 W 61st Street.

Our records indicate that 7548 W 61st Street was built in 1915.

The full address for this home is 7548 W 61st Street, Summit, IL 60501.

7548 W 61st Street has been listed on Realty.com since Tue November 18, 2025

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 44/100, Transit Score: 8/100, Bike Score: 48/100.

There are 1 schools assigned to this home. Check out the schools near 7548 W 61st Street. Argo Community High School (Grades: 9 - 12)

Listing provided courtesy of: Coldwell Banker Realty (tel: 773-451-1200)
Listing agent: Jose Hernandez (tel: 312-788-7079) (#157620)

This content last refreshed on 2025-11-25 01:43:33. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 7548 W 61st Street, Summit, IL 60501 : MLS# 12519853