Courtesy: Redfin Corporation
312-836-4263
Excellent opportunity to own an updated and well-maintained two-flat in Summit Village. Comprised of a 2Br/1Ba (Unit 1) and a 3Br/1Ba (Unit 2), the property offers functional layouts ideal for both owner-occupants and tenants. Each unit offers separate living spaces, generously sized bedrooms, ample closet space, modern kitchen finishes, hardwood and LVP flooring, and updated bathrooms. Basement includes a dedicated laundry area and additional storage space. Property features a 2-car garage plus additional parking pad, along with a backyard and patio area. Classic brick construction a residential block with consistent rental demand. Convenient location with easy access to the Stevenson Expressway, public transportation, shopping, and dining. Strong income potential for investors or an ideal opportunity for owner-occupants to offset expenses.
Courtesy: Certified Realty Group LLC
312-493-6181
Meticulously maintained brick & frame 3-unit building in a quiet neighborhood in Summit, Illinois! Excellent investment opportunity with strong cash flow potential or perfect for owner-occupants. Currently generating $4,031/month (potential of ~ $5,000/mo. due to current below market rents). Current GRM of 8.65. This spacious ~3,300 sq ft multifamily property sits on an oversized 45x125 lot with side yard. The property features a bottom floor having a large 4 bed / 2 bath owner's unit, upstairs units are a 2 bed / 1 bath unit and a 1 bed / 1 bath unit. Recent updates include: Unit 2F fully remodeled (2022), Unit 1 updated (~2017), Unit 2R features new quartz countertop & ducted range hood. Separate circuit breaker panels and gas meters for each unit. One furnace serves the building. Additional highlights include a detached 4-car garage with artist studio (rented out for storage), full basement with Coin Washer & Dryer, and strong rental appeal. Conveniently located near major highways, with a large community park at the end of the block, offering both accessibility and neighborhood charm. PROOF OF FUNDS REQUIRED PRIOR TO SHOWINGS. Broker Owned Interest.
Courtesy: Coldwell Banker Realty
312-266-7000
Great investment opportunity!**Legal 4-unit building with value-add potential. Property is being sold "as-is". Cash or conventional financing preferred. Excellent upside with stabilized rents once improvements are completed.
Summit is located in Illinois. 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.
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.
