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$419,000
7
beds
4
baths

7535 W 58th Place
Summit, Illinois 60501

Contingent / MLS #12466230 / Multiple Unit (2-4) / Summit
Listing information updated 4/14/2026 at 2:23pm
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.
Architecture Style:
Colonial
Exterior Type:
Vinyl Siding
Basement:
Unfinished,Full
Beds Above Grade:
7
Heating System:
Natural Gas
Pool:
No
Age:
91-100 Years
Parking Type:
Garage - Yes,Detached,Garage
Parking Spaces:
4
Garage:
Detached
Room Count:
14
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre
Tax Amount:
$11,207
Tax Year:
2024
Zip Code:
60501
City:
Summit
County:
Cook
School District(s):
104, 217
Elementary School:
N/A
Middle School:
N/A
High School:
Argo Community High School

Listing Office: Certified Realty Group LLC

Listing Office Phone: 312.493.6181

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 4/14/2026 at 2:23pm. 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. Some listings have been excluded from this website.

Summit, IL

The Village of Summit is a pretty sweet place to call home for residents and for industry. The village is home to several food-related businesses and manufacturers of corn syrup, baking powder and cooking oil. The largest corn milling and processing plant in the world is located in a section called...

Metra

Metra
Heritage Corridor line at Summit Metra
$304,746
Average Sale Price
78
Average Days On The Market
95%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 7535 W 58th Place, Summit, IL 60501
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7535 W 58th Place, Summit, IL 60501 is a multiple unit (2-4) currently listed at $419,000. 7535 W 58th Place features 7 Beds, 4 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since April 8th, 2026 and was built in 1927. Nearby schools include Argo Community High School. The nearest transit stops include Summit Metra Metra Heritage Corridor line.

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@properties Christie’s International Real Estate, the @properties Christie’s International Real Estate’s logo, and other various trademarks, logos, designs, and slogans herein are the registered and unregistered trademarks of At World Properties, LLC d/b/a @properties Christie’s International Real Estate.
Because At World Properties, LLC d/b/a @properties Christie’s International Real Estate and/or its owners have an interest in Proper Title, LLC, OriginPoint, A Rate Company, Christie’s International Real Estate, LLC, and Suburban Jungle, LLC, a referral to any of these entities may provide @properties Christie’s International Real Estate with a financial or other benefit. Working with @properties does not require you to use the services of any of these entities.
At World Properties, LLC and its subsidiaries do not discriminate against the use of Housing Choice Vouchers. Se Aceptan Vales de Elección de Vivienda.
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