Summit, IL 60501 7346 W 57th Place

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Presented By: Redfin Corporation
  • MLS# 12513440
  • 11/14/2025
  • Request Tour
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  • Beds • 5
  • Baths • 3
  • Garage • 2

Home Details

Exceptional opportunity to own a solid and spacious legal 2-unit building in the heart of Summit Argo. Both units offer generously sized bedrooms and large, functional kitchens, providing comfortable living spaces with great natural light and layout flexibility. The property features a full basement with laundry, storage options, and potential for additional improvement or future expansion ideas. A detached 2-car garage and a wide, well-kept backyard add to the usability and long-term appeal of the home. While minor updating is needed, the structure and major components offer a strong foundation for customization-ideal for investors looking to maximize rental income or owner-occupants wanting to build equity. This property delivers outstanding value in a high-demand rental area known for its convenience, community amenities, and easy access to transportation, schools, and shopping. Don't miss this chance to secure a versatile investment with excellent upside potential in a sought-after location.
Presented By: Redfin Corporation

Interior Features for 7346 W 57th Place

Bedrooms

Bedrooms Possible5
Total Bedrooms5

Bathrooms

Full Baths Building3
Half Baths Building
Total Baths3

Other Interior Features

BasementFinished, Full
Total Number of Units2

Other Rooms

Room TypeUtility Room-Lower Level, Workshop

General for 7346 W 57th Place

Additional Parcels Y/NNo
Architectural StyleBungalow
CitySummit
Community FeaturesPark, Curbs, Sidewalks, Street Lights, Street Paved
Construction MaterialsBrick
ContingencyAttorney/Inspection
CountyCook
DirectionsHARLEM TO 57TH PL- WEST TO 7346. CORNER PROPERTY.
Elementary SchoolWalsh Elementary School
Elementary School District104
Garage Spaces2
Gross Income
HeatingNatural Gas, Forced Air
High SchoolArgo Community High School
High School District217
MLS AreaSummit
Middle/Junior High SchoolHeritage Middle School
Middle/Junior School District104
Net Operating Income0
New ConstructionNo
Other StructuresShed(s)
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount8649
Tax Year2023
Total Rooms13
TownshipLyons
Year Built1948
ZoningMULTI

Exterior for 7346 W 57th Place

Foundation DetailsConcrete Perimeter
Lot Dimensions40X125
Lot FeaturesCorner Lot
Lot Size Acres0.11
Model2 FLAT
Parking FeaturesGarage Door Opener, Yes, Garage Owned, Detached, Off Street, Side Apron, Other, Garage
Total Parking4
Water SourceLake Michigan, Public
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Argo Community High School
Middle School Heritage Middle School
Elementary School Walsh Elementary School

Client Care

Price $409,000
MLS#12513440
List Date 11/14/2025
Property Type Contingent
Phone 847.485.2500
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