Summit, IL 60501,5300 S 73rd CT
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Summit, IL 60501,5300 S 73rd CT
Summit, IL 60501,5300 S 73rd CT
Summit, IL 60501,5300 S 73rd CT
Summit, IL 60501,5300 S 73rd CT
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$ 599,808
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5300 S 73rd CT Summit, IL 60501

7 Beds

4 Baths

3,920 Sqft Lot


UPDATED:

02/20/2025 10:37 PM

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12295093

Bedrooms 7

Year Built 1964

Annual Tax Amount $11,211

Tax Year 2023

Lot Size 3,920 Sqft

Lot Dimensions 33.3 X 122.5 X 31.9 X 122..4

Property Sub-Type Two to Four Units

Property Description

Welcome to this turnkey investor property in the heart of Summit! This fully updated 4-unit building offers a fantastic opportunity for both seasoned investors and those looking to enter the rental property market. Each of the four units has been thoughtfully renovated, ensuring modern comfort and style. Three of the units feature two spacious bedrooms and one bathroom, while the fourth unit offers a cozy one-bedroom, one-bathroom layout. What sets this property apart is the meticulous attention to detail in its design, with each unit being completely updated to cater to the needs of today's renters. All four units come with their own dedicated furnace, ensuring that tenants enjoy the perfect temperature year-round, and each has its own coded access, adding an extra layer of security and convenience for both short-term and long-term residents. Currently being used as a successful Airbnb, this property provides the flexibility to either continue as a short-term rental business or be converted into long-term rentals. A coin laundry is available on-site for added tenant convenience. With the property available as fully furnished, it's ready for you to step in and start earning immediately. The potential for revenue is enormous, whether you choose to rent out the units individually or continue to run them as a vacation rental business. This building is conveniently situated close to essential amenities, making it a prime spot for tenants. Investors will appreciate the ease of ownership with minimal upkeep required, and the appeal of a fully furnished, updated property that offers modern amenities, great rental potential, and a strong track record of success. Don't miss out on this incredible investment opportunity-schedule your showing today!

Location

State IL

County Cook

Area Summit

Zoning MULTI

Rooms

Basement None

Interior

Heating Baseboard

Fireplace N

Exterior

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 104 , 104, 217

Others

Ownership Fee Simple

Special Listing Condition None


Midwest Real Estate Data (MRED) IDX
Listed by Robert Kroll • Century 21 Pride Realty
agent

Kimberly Zahand

+1(630) 215-6063

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5300 S 73rd CT