7416 W 63rd Place
Summit, IL, 60501
$239,900
3 Beds
2 Baths
1,200 SqFt
0 Acres
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MLS #MRD12609827 image #0
Calling all serious investors and vision-driven homeowners, this is the kind of opportunity that does not wait. Located in the red hot Summit area, this property is your chance to step into a project with real upside, strong fundamentals, and untapped potential. With amazing bones already in place, the foundation is set for something truly special. Recent improvements include a newer roof, newer windows, a newer half bath in the basement, and a renovated full bath on the main level, giving you a head start while still leaving room to add your own vision and value. Whether you are looking to renovate, reposition, or build long-term equity, this property delivers the perfect canvas. It may require work, but for the right buyer, that is exactly where the opportunity begins. You are not just purchasing a property, you are securing the chance to create something meaningful and profitable. The property is being sold strictly as-is, and so as the garage with no survey or disclosures provided. The buyer will be responsible for all city inspections, property clean-out, and any required repairs. Taxes will be prorated at 100 percent, and all earnest money must be submitted in certified funds. All offers must include proof of funds or a pre-approval letter. All property details, including room count and lot size, are estimated and not guaranteed. Buyers are responsible for conducting their own due diligence. Opportunities like this come down to timing, vision, and decisiveness. If you recognize the value here, you already know your next move.

Property Details

Price:
$239,900
MLS #:
MRD12609827
Status:
Active Under Contract
Beds:
3
Baths:
2
Type:
Single Family
Neighborhood:
summit
Listed Date:
Apr 3, 2026
Finished Sq Ft:
1,200
Year Built:
1961
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Schools

School District:
217

Interior

Bathrooms
1 Full Bathroom, 1 Half Bathroom
Cooling
None
Heating
Natural Gas, Forced Air

Exterior

Construction Materials
Brick
Garage Spaces
2
Parking Features
Off Alley, Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Roof
Asphalt

Financial

HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2022
Taxes
$1,839

Map

Community

Market Summary

Current real estate data for Single Family in Summit as of May 15, 2026
11
Single Family Listed
53
Avg DOM
242
Avg $ / SqFt
$316,845
Avg List Price

Property Summary

    7416 W 63rd Place Summit IL is a Single Family for sale in Summit, IL, 60501. It is listed for $239,900 and features 3 beds, 2 baths, and has approximately 1,200 square feet of living space, and was originally constructed in 1961. The current price per square foot is $200. The average price per square foot for Single Family listings in Summit is $242. The average listing price for Single Family in Summit is $316,845.

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7416 W 63rd Place
Summit, IL