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    Multifamily Properties for Sale in Summit, IL

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    Based on your search, we've compiled 77 Potential Opportunities for your consideration. While there is a shortage of Active listings in Summit, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 72 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

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    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Building with Contractor Garage
    Mixed-Use Building with Contractor Garage

    4016-4018 Joliet Avenue, Lyons, IL 60534

    $749,000
    0.23 AC lot

    Mixed-use building with 3 apartments, 2 storefronts, and contractor garage space, zoned COMMR.

    View details
    Two-Flat Duplex with Finished Attic
    Two-Flat Duplex with Finished Attic

    6145 W 54th Street, Chicago, IL 60638

    $890,000

    Newer two-flat duplex with a fully finished attic, totaling six bedrooms and three bathrooms, zoned MULTI.

    View details
    Duplex With Detached Garage
    Duplex With Detached Garage

    3940 Center Avenue, Lyons, IL 60534

    $399,900

    Two matching residences provide three-bedroom layouts, private parking, fenced outdoor space, and shared basement laundry.

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    Two Brick 9-Unit Apartment Buildings
    Two Brick 9-Unit Apartment Buildings

    6901-09 W 64th Place, Chicago, IL 60638

    Contact for pricing

    Two L-shaped brick apartment buildings each contain nine 2-bedroom, one-bath units.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    University Park Developable Land
    University Park Developable Land

    976 Mesa Court, University Park, IL 60484

    Contact for pricing
    3.20 AC lot

    3.2 acres with 24 concrete housing pads in University Park.

    View details

    Off-Market Properties in Summit, IL

    Consider similar Off-Market properties in Summit, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    7436 57th Pl
    APARTMENT HOUSE (UNDER 5 UNITS)

    7436 57th Pl, Summit, IL 60501-2283

    $175,000
    Estimated value
    2,438 sqft 0.09 AC lot
    View details
    7446 58th Pl
    APARTMENT HOUSE (UNDER 5 UNITS)

    7446 58th Pl, Summit, IL 60501-1469

    $125,000
    Estimated value
    3,679 sqft 0.08 AC lot
    View details
    5538 72nd Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    5538 72nd Ct, Summit, IL 60501-1203

    $265,000
    Estimated value
    2,061 sqft 0.09 AC lot
    View details
    6158 Archer Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    6158 Archer Rd, Summit, IL 60501-1633

    $885,000
    Estimated value
    7,190 sqft 0.09 AC lot
    View details
    7222 62nd St, Unit 1
    APARTMENT HOUSE (UNDER 5 UNITS)

    7222 62nd St, Summit, IL 60501-2406

    Unit 1
    $305,000
    Estimated value
    2,502 sqft 0.09 AC lot
    View details
    5307 73rd Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    5307 73rd Ct, Summit, IL 60501-1058

    $425,000
    Estimated value
    2,900 sqft 0.10 AC lot
    View details
    7437 60th Pl
    APARTMENT HOUSE (UNDER 5 UNITS)

    7437 60th Pl, Summit, IL 60501-1513

    $295,000
    Estimated value
    1,267 sqft 0.09 AC lot
    View details
    7506 Hanover St
    APARTMENT HOUSE (UNDER 5 UNITS)

    7506 Hanover St, Summit, IL 60501-1003

    $430,000
    Estimated value
    3,811 sqft 0.09 AC lot
    View details
    7303 Archer Ave, Unit 2
    APARTMENT HOUSE (UNDER 5 UNITS)

    7303 Archer Ave, Summit, IL 60501-1276

    Unit 2
    $210,000
    Estimated value
    2,435 sqft 0.08 AC lot
    View details
    7301 Archer Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    7301 Archer Ave, Summit, IL 60501-1277

    $200,000
    Estimated value
    2,431 sqft 0.09 AC lot
    View details
    5321 73rd Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    5321 73rd Ave, Summit, IL 60501-2155

    $340,000
    Estimated value
    2,221 sqft 0.09 AC lot
    View details
    6151 76th Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    6151 76th Ave, Summit, IL 60501-1646

    $550,000
    Estimated value
    4,037 sqft 0.10 AC lot
    View details
    7517 62nd St
    APARTMENT HOUSE (UNDER 5 UNITS)

    7517 62nd St, Summit, IL 60501-2365

    $305,000
    Estimated value
    2,568 sqft 0.09 AC lot
    View details
    5313 73rd Ave, Unit 2
    APARTMENT HOUSE (UNDER 5 UNITS)

    5313 73rd Ave, Summit, IL 60501-2149

    Unit 2
    $190,000
    Estimated value
    2,221 sqft 0.09 AC lot
    View details
    7348 56th Pl
    APARTMENT HOUSE (UNDER 5 UNITS)

    7348 56th Pl, Summit, IL 60501-1329

    $300,000
    Estimated value
    1,440 sqft 0.11 AC lot
    View details
    5328 73rd Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    5328 73rd Ave, Summit, IL 60501-2131

    $100,000
    Estimated value
    2,221 sqft 0.09 AC lot
    View details
    7517 63rd Pl
    APARTMENT HOUSE (UNDER 5 UNITS)

    7517 63rd Pl, Summit, IL 60501-2635

    $325,000
    Estimated value
    1,827 sqft 0.07 AC lot
    View details
    7438 55th Pl
    APARTMENT HOUSE (UNDER 5 UNITS)

    7438 55th Pl, Summit, IL 60501-1208

    $280,000
    Estimated value
    1,760 sqft 0.11 AC lot
    View details
    7444 63rd St
    APARTMENT HOUSE (UNDER 5 UNITS)

    7444 63rd St, Summit, IL 60501-1816

    $270,000
    Estimated value
    1,560 sqft 0.07 AC lot
    View details
    7221 Park Ave, Unit 1
    APARTMENT HOUSE (UNDER 5 UNITS)

    7221 Park Ave, Summit, IL 60501-2098

    Unit 1
    $215,000
    Estimated value
    2,221 sqft 0.09 AC lot
    View details
    7530 63rd St
    APARTMENT HOUSE (UNDER 5 UNITS)

    7530 63rd St, Summit, IL 60501-1853

    $305,000
    Estimated value
    3,594 sqft 0.13 AC lot
    View details
    7521 62nd St
    APARTMENT HOUSE (UNDER 5 UNITS)

    7521 62nd St, Summit, IL 60501-1605

    $410,000
    Estimated value
    2,474 sqft 0.09 AC lot
    View details
    5413 74th Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    5413 74th Ave, Summit, IL 60501-2078

    $355,000
    Estimated value
    1,197 sqft 0.11 AC lot
    View details
    7500 57th Pl
    APARTMENT HOUSE (UNDER 5 UNITS)

    7500 57th Pl, Summit, IL 60501-1311

    $285,000
    Estimated value
    2,388 sqft 0.09 AC lot
    View details

    Summit, IL Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Summit, IL on our real estate platform.

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Duplexes 1
    Triplexes 1

    Demographics Overview

    Population 11K
    Population Growth (5Y) -3.1%
    Median Household Income $62,110
    College Educated 15.8%

    High-Yield Neighborhoods for Investment

    Identify Summit submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Summit Argo - 60501 $576.3K

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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