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Two-Unit Building with Walk-Up Attic
New
For Sale
$289,000

7439 W 56th Street, Summit, IL 60501

Residential Income, Summit, IL

Property SizeContact for details
Days on Market7

Property Features for 7439 W 56th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bedroom 1, Bathroom 3, Bathroom 4, Basement, Bathroom 1, Bedroom 5, Bedroom 3, Bedroom 4, Bathroom 2
Parking 3
Parking features Garage, Open
Basement Full, Partially Finished
Elementary school Walsh Elementary School
Middle school Heritage Middle School
High school Argo Community High School
Elementary school district 104
Middle school district 104
High school district 217
Directions I-55 to 1st Ave (IL-171) South. Right on Archer Ave, then quick left onto W 56th St. Continue to 7439 W 56th St
Subdivision Summit
Standard status Active
APN 18132080030000

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7893

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Amenities

full basement with a bathroom
walk-up attic
fenced yard
concrete alley access

Building Details

Year built 1908
Building materials Cedar
Listing Agency: Cucci Realty
Listed By: Christopher Cucci · License #471019776
Added: Sep 21 Changed: Sep 27 Last Checked: Sep 27 at 7:06AM
MLS# 12765924

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1908 two-flat includes spacious residential units, a full basement with a bathroom, and an unfinished walk-up attic. The property has cedar construction, forced-air heating fueled by natural gas, and both garage and open parking. A fenced yard and concrete alley access add functional exterior features, while public water and public sewer serve the property.

The property is being sold strictly AS-IS, with the seller making no repairs. The buyer will be responsible for Village of Summit inspection requirements, repairs, and compliance items. Existing rooms include five listed bedrooms and four listed bathrooms, along with basement space. Buyers should independently verify room sizes, condition, zoning, and permitted uses during due diligence.

Key Highlights

  • Two‑flat with spacious residential units
  • Full basement includes a bathroom
  • Unfinished walk‑up attic provides additional storage space

Property Analytics

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Current Use

Duplexes

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

570
Businesses Nearby

Demographics for 60501, IL

11,746
Population
4,134
Households
2.8
Avg Household Size
34
Median Age
13%
College-Educated
69%
High-School Grad
4.4 sq mi
ZIP Area
2,670
Density / Sq Mi
$62,110
Median Household Income
$34,728
Median Earnings
$1,017
Median Rent
$227,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Spacious residential units feature basement storage, fenced outdoor space, and access to both garage and open parking.
Where is this duplex located?
The property is located at 7439 W 56th Street Summit, IL.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Two‑flat with spacious residential units; Full basement includes a bathroom; Unfinished walk‑up attic provides additional storage space
More about this property
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