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Three-Unit Triplex with Separate Utilities
For Sale
$399,000
Pending

7638 W 61st Place, Summit, IL 60501

Residential Income, Summit, IL

Property SizeContact for details
Lot Size0.08 Acres
Days on Market51

Property Features for 7638 W 61st Place

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bedroom 5, Bedroom 4, Bedroom 1, Bedroom 6, Bedroom 3, Bathroom 3, Bathroom 1, Basement, Bedroom 2
Parking 1
Parking features Off Street, Owned, Off Alley
Patio and Porch features Porch
Exterior features Balcony
Fencing Fenced
Basement Unfinished, Full
Subdivision Argo
Lot features Corner Lot, Irregular Lot
Elementary school Dr Donald Wharton Elementary Sch
Middle school Heritage Middle School
High school Argo Community High School
Elementary school district 104
Middle school district 104
High school district 217
Directions Archer Ave. to 61st Place to property.
Standard status Pending
APN 18133060240000
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 10237

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Year built 1914
Building materials Vinyl Siding
Roof type Asphalt
Listing Agency: Choice Realty Group Inc.
Listed By: David Williamson · License #471010481
Added: Jul 23 Changed: Sep 10 Last Checked: Sep 11 at 1:06PM
MLS# 12713760

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 1914 triplex contains three occupied residences, with each unit offering two bedrooms, one full bathroom, a living room, and a kitchen. Separate utility service supports individual unit operation. The property also includes an unfinished basement, walk-in attic, storage areas, balcony, porch, fenced grounds, and off-street parking accessed from the alley. Vinyl siding, newer windows, and a newer roof are among the exterior improvements.

Located in Summit, the property is minutes from shopping, dining, public transportation, and interstate access. The parcel encompasses 0.08 acres and carries MULTI zoning. Public sewer service, natural gas heating, an asphalt roof, and owned off-street parking are in place. The property is offered as is.

Key Highlights

  • Three occupied units, each with 2 bedrooms, 1 full bathroom, living room, and kitchen
  • Separate utilities for each unit
  • 0.08‑acre parcel with MULTI zoning

Property Analytics

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Current Use

Triplexes

Lease Details

3
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

661
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?
Triplex - Occupied residential income property with flexible storage, off-street parking, and convenient access to shopping, transit, and interstates.
Where is this triplex located?
The property is located at 7638 W 61st Place Summit, IL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Three occupied units, each with 2 bedrooms, 1 full bathroom, living room, and kitchen; Separate utilities for each unit; 0.08‑acre parcel with MULTI zoning
More about this property
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