Property profile

7301 Archer Ave Summit, IL 60501

OFF-MARKET
Residential income homes
Property ID
US28-0495595
2,431 SF 0.09 ac lot Built 1954
Individually Owned 2-yr Hold
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1954
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,431 SF
Lot 0.09 ac (3,937 SF)
APN 18-13-203-070
UPID US28-0495595

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7301 Archer Ave Summit, IL 60501-1277
Summit metro Census 820300 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$200k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2024
Last sale
$200,000
2 recorded transactions
2024
Price N/A
2001
$200,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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