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7439 W 56th Street Summit, IL 60501 • Multi Unit - Multiple • Contingent

  • 7439 W 56th Street, Summit, IL 60501 Main Photo

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Description

Great opportunity in Summit! Large 2-flat offering spacious units, a full basement with a bathroom, and a large unfinished walk-up attic providing plenty of additional storage and future possibilities. Property also features a fenced yard and concrete alley access. This is an excellent opportunity for an investor, rehabber, or owner-occupant looking to add value. The price reflects the updating and improvements needed throughout the property. Bring your ideas and make this property your own. Property is being sold strictly AS-IS. Seller will not make repairs. Buyer will be responsible for any Village of Summit inspection requirements, repairs, or compliance items. Buyer to perform all due diligence and verify room sizes, property condition, zoning, and permitted uses. Plenty of potential in a solid 2-flat with a full basement, walk-up attic, and generous space throughout. Don't miss this value-add opportunity!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 5
Bathrooms: 4
County: Cook
High School: Argo Community High School
Listed By:
Cucci Realty 708-505-7088
MRED MLS
$289,000
Est. $2,040/mo
5beds
4baths
3cars
New to the Market Contingent
BEDS5 BATHS4 full MLS#12765924
STATUSContingent PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 217

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7439 W 56th Street, Summit, IL 60501.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $289,000$289,000$289,000
Down Payment $57,800$10,115$72,250
Monthly Mortgage Amount $1,538$1,888$1,888
Taxes $402$402$402
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$127$0
Monthly Estimated Total $2,040$2,517$2,390

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