$ 490,000 $ 489,900

5211 S 73RD Court

Summit, IL 60501

  • 7 Beds
  • 1964 Year Built
Discover this stunningly remodeled 4-flat building that presents an exceptional investment opportunity or a delightful place to call home. Each unit has been thoughtfully Remodeled by a detailed and picky landlord with a construction background, boasting modern amenities and elegant finishes. The upgrades include contemporary kitchens equipped with granite countertops and new appliances, while beautiful flooring adds warmth and charm throughout. The bathrooms are remodeled with stylish vanities , ceramic modern tilework and contemporary light fixtures, all updated in 2018, 2021, and 2024. The property features meticulously maintained common areas with clean and inviting hallways that were just refinished in 2025. Each unit is designed for comfort and convenience, featuring separate central heating and air conditioning systems installed in past few years with new ductwork and components. Enjoy the efficiency of few years old windows, added insulation plus durable and elegant interior and exterior doors. Brick construction complemented by recently updated sofits and downspouts. High efficiency hot water heater just installed and common area laundry hookups are available. Ensuring peace of mind, the building boasts a dry gravel crawlspace equipped with a sump pump for optimal moisture control. The premises offer 4 dedicated parking spaces, providing ample convenience for residents along with currently fenced grassy areas for tenant's shared enjoyment. Tenants contribute to their individual utility costs, covering gas, heat, and electricity. Benefiting from dedicated, long-term month-to-month renters, this property is an enticing prospect for discerning buyers offering an ability to adjust the rents to market price if desired. Situated in the vibrant city of Summit, this property has successfully passed all city inspections and stands fully compliant with local regulations. Opportunities like this, offering such a high level of care and attention to detail, are a rarity in the market. Even the most picky buyers will appreciate this extraordinary residence that is truly a jewel in the real estate investment landscape.
Listed by Joanna Lewkowicz of Boutique Home Realty , Sold By Thomas Savastano of HomeSmart Connect LLC

PROPERTY DETAIL

  • Key Details

    Sold Price $490,000

    Property Type Multi-Family

    Sub Type Two to Four Units

    Listing Status Sold

    Purchase Type For Sale

    MLS Listing ID 12317988

    Sold Date 09/05/25

    Bedrooms 7

    Year Built 1964

    Annual Tax Amount $10,900

    Tax Year 2023

    Lot Dimensions 25X125

    Property Sub-Type Two to Four Units

  • Location

    State IL

    County Cook

    Community Curbs, Sidewalks, Street Lights

    Zoning MULTI

  • Rooms

    Basement Crawl Space

  • Building

    Sewer Public Sewer

    Water Lake Michigan, Public

    Structure Type Brick

    New Construction false

  • Interior

    Heating Natural Gas, Forced Air

    Fireplace N

  • Exterior

    View Y/N true

    Roof Type Asphalt

  • Schools

    School District 104, 104, 217

  • Others

    Ownership Fee Simple

    Special Listing Condition None

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CONTACT

Joanna Lewkowicz
Joanna Lewkowicz

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