Summit IL Multi Family for Sale

Sort Results:
1–7 of 7 properties displayed
Refine Property Search
Page 1 of 1    Prev | Next
Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
5
Year built:
2003
Baths:
2.00
MLS#:
12207975

ADDITIONAL INFORMATION

Beautiful and well-maintained two-unit building located in the Summit area. There is one unit with 3 bedrooms and 1 bath, along with a nice kitchen and dining area combo. The other unit has two bedrooms and one bath along with a nice combo kitchen and dining area. The kitchen has granite countertops. The kitchen and bathrooms have ceramic floors. The driveway has been expanded to hold six cars in addition to the two-car garage. The house and garage have newer roofs. Furnaces, air conditioners, and water heaters are separate. Sump Pump system. Washer and dryer hookups are available in the laundry room. Situated in a friendly Summit neighborhood, this home provides convenient access to local amenities, schools, parks, and major transportation routes, making daily life both easy and enjoyable. Schedule a showing today and experience all that this wonderful property has to offer!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Year built:
1956
Baths:
5.00
MLS#:
12195152

ADDITIONAL INFORMATION

RARELY AVAILABLE FOUR UNIT FROM THE ORIGINAL FAMILY! ALL UNITS OCCUPIED! UNIQUE CORNER BRICK UNIT WITH ATTACHED 2- CAR GARAGE. ALL UNITS ARE COMPRISED OF 2 BEDROOMS WITH ONE UNIT HAVING 2 FULL BATHS. BOILER HEATS ALL FOUR UNITS. TENANTS ARE RESPONSIBLE FOR COOKING GAS AND ELECTRICITY. COME VIEW THIS WELL-MAINTAINED 4 UNIT AND TAKE ADVANTAGE OF AN OPPORTUNITY TO INCREASE THE INCOME ON ALREADY LOW RENTS WITH HEAT INCLUDED.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1932
Baths:
3.00
MLS#:
12192929

ADDITIONAL INFORMATION

This building currently has 3 units in main building and a coach house in converted garage. Building must be re-converted to 2 units in main building and the coach house has to be demolished. Extra electric meters to be removed. All utilities to coach house to be removed. (Permits required for all work) See attached Village pre-sale inspection report. 2nd floor apt. can remain as it is. Has 2 entrance/exit stair ways.Tenant in coach house has received notice to move. 1st floor tenants will have to be notified by new owner after closing. Village requires an Escrow prior to closing for repairs. Once all work is completed, Escrow will be returned. Must be sold "AS-IS"

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
3
Year built:
1924
Baths:
2.00
MLS#:
12185326

ADDITIONAL INFORMATION

Charming 2-Flat Building in Summit - Perfect Business Opportunity. This family-owned, two-generation gem offers a rare investment opportunity in a prime Summit location. Featuring hardwood floors throughout and separate 2-zone heating, this property is packed with potential. Ideal for investors or owners looking to add their personal touch, the building is ready for your creative ideas. While it needs some TLC, the possibilities are endless. Don't miss out on making this space a beautiful and profitable venture!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Year built:
1963
Baths:
3.00
MLS#:
12174040

ADDITIONAL INFORMATION

This two-unit property on a corner lot right across from Legion Park offers great potential. The 1st-floor unit features 3 bedrooms, 1 bath, a living room, and a separate dining room. The 2nd-floor unit has 2 bedrooms, 1 bath, a living room, and a dining room. Recent updates include a new furnace (2024), water heaters (2019 & 2020), and some newer windows. The 1st floor has central air, and A/C can easily be added to the 2nd floor. Located two minutes from Heritage Middle School, Argo Community High School, and five minutes from I-55, Aldi, and Walgreens. Moderate condition-ideal for investors or homeowners.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Year built:
1949
Baths:
3.00
MLS#:
12163680

ADDITIONAL INFORMATION

Check out this stunning brick construction multi-unit located in the pleasant neighborhood of Summit. This solid 2unit with minimal upkeep is ready for anyone looking for a passive income investment property.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
1993
Baths:
4.00
MLS#:
12093577

ADDITIONAL INFORMATION

Beautiful, newer 4-unit property built in 1993 located in the heart of Summit. Featuring two units with 2 bedrooms/1 bathroom and two units with 1 bedroom/1 bathroom. Each unit pays its own utilities with separate electric and gas. Each unit has its forced air heat w/ AC. One parking spot for each unit. Just steps away from the main business corridors of Summit. Perfect location for those in need of public transportation or easy access to the expressway. This is a turnkey investment opportunity. Ideal for investors or homeowners seeking rental income opportunities.

Refine Property Search
Page 1 of 1    Prev | Next
1–7 of 7 properties displayed
Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


© 2024 Midwest Real Estate Data LLC. All rights reserved. Listings courtesy of MRED MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of {{last updated}}.. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to [email protected]. The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.



Summit Real Estate

The median home value in Summit, IL is $201,000. This is lower than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Summit, IL is $201,000. Approximately 51.64% of Summit homes are owned, compared to 39.67% rented, while 8.69% are vacant. Summit real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Summit real estate agent to arrange a tour today!

Summit, Illinois has a population of 11,098. Summit is more family-centric than the surrounding county with 34.55% of the households containing married families with children. The county average for households married with children is 29.73%.

The median household income in Summit, Illinois is $48,929. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Summit is 34.5 years.

Summit Weather

The average high temperature in July is 84.1 degrees, with an average low temperature in January of 19.6 degrees. The average rainfall is approximately 39.1 inches per year, with 31.9 inches of snow per year.

Summit Real Estate Market Conditions

  • Median sales price

    $201,000
    14.1% change since last quarter
  • # Active listings

    23
    30-day change

Summit Schools and Demographics

Education near Summit, IL

Metric City County
High School Graduates 63.83 87.97
College Degree - 2 year 5.76 6.73
College Degree - 4 year 11.77 40.75
Graduate Degree 2.34 12.01
Expenditures per Student 21,907 21,907
Students per Teacher 14 14

Elementary Schools near Summit, IL

School Grades Students P/T Ratio ZIP
Blair Early Childhood Center PK - 01 186 8.5 60638
Byrne Elementary School KG - 08 635 18.7 60638
Charles J SAHS Elementary School PK - 08 427 14.7 60638
Cossitt Avenue Elementary School PK - 06 594 15.4 60525
Costello School PK - 05 287 11.1 60534
DORE Elementary School PK - 08 669 19.2 60638
Frank A Brodnicki Elementary School KG - 06 695 14.5 60458
George T Wilkins Elementary School KG - 06 568 15.1 60458
Gladness V Player Early Childhood Center PK - 01 193 21.4 60458
Grimes Elementary School PK - 08 470 18.8 60638
HALE Elementary School PK - 08 942 20.8 60638
Hearst Elementary School PK - 08 318 16 60638
Highlands Elementary School PK - 05 527 12.6 60525
Hodgkins Elementary School PK - 06 203 9 60525
Ideal Elementary School PK - 06 364 12 60525
J W Robinson Junior Elementary School PK - 05 273 13.1 60534
Kinzie Elementary School PK - 08 667 16.3 60638
Ogden Avenue Elementary School PK - 06 610 16.4 60525
Otis P Graves Elementary School PK - 04 529 17.6 60501
Pleasantdale Elementary School PK - 04 466 14 60525
Seventh Avenue Elementary School PK - 06 211 10.4 60525
Spring Avenue Elementary School PK - 06 344 14.4 60525
Twain Elementary School PK - 08 1,193 21.2 60638
W W Walker Elementary School KG - 04 214 10.2 60501
Walsh Elementary School PK - 04 371 15.5 60501

Middle Schools near Summit, IL

School Grades Students P/T Ratio ZIP
Dr Donald Wharton Elementary School 05 - 05 188 23.5 60501
Geo T Wilkins Junior High School 07 - 08 591 12.6 60458
Heritage Middle School 06 - 08 560 21.5 60501
Highlands Middle School 06 - 08 311 13 60525
Washington Middle School 06 - 08 792 13.7 60534
Wm F Gurrie Middle School 07 - 08 318 12.4 60525

High Schools near Summit, IL

School Grades Students P/T Ratio ZIP
ARGO Community High School 09 - 12 1,761 16.2 60501
Kennedy High School 09 - 12 1,542 15.8 60638
Lyons Township High School 09 - 12 3,961 15.7 60525

Demographics near Summit, IL

Metric City County
Neighborhood Type Suburban
Population 11,098 5,265,398
Population Density 5,237 5,572
Median Age 34.5 37.3
People per Household 3.2 2.5
Median Household Income 48,929 72,121
Average Income per Capita 21,469 41,706