5316 S 74th Ave, Summit, IL 60501
Property image
Property image
OFF MARKET

$357,000

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,500 sqft

5316 S 74th Ave, Summit, IL 60501

Est. Refi. Payment $2,519/mo*
Refinance Your Home
Currently Off Market - Sold Oct 17, 2024 for $310,000

Home Value

Trulia Estimate
$357K
Since last month
Increased$2K (+0.4%)
Since last year
Increased$39K (+12.2%)
Since last sale
Increased$48K (+15.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +121% in the last 10 years
MonthEstimated value
2026
August 2026$358K
August 2026$357K
July 2026$356K
June 2026$356K
May 2026$353K
April 2026$339K
March 2026$331K
February 2026$326K
January 2026$331K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
7341 W 55th Pl, Summit, IL
0.33
Single-Family Home
$307,000
08/18/26
3
2
1,204
5350 S 73rd Ave, Summit, IL
0.14
Single-Family Home
$225,000
03/30/26
3
2
1,180
7515 W Douglas Ave, Summit, IL
0.19
Single-Family Home
$289,900
07/21/26
4
1.5
1,800
5400 S Nottingham Ave, Chicago, IL
0.39
Single-Family Home
$365,000
08/03/26
3
2
2,224
7546 W Hanover St, Summit, IL
0.17
Single-Family Home
$240,000
11/26/25
3
1
1,178
5445 S 73rd Ave, Summit, IL
0.25
Single-Family Home
$208,209
10/04/25
3
2
1,753
7338 W 57th St, Summit, IL
0.49
Single-Family Home
$300,000
07/10/26
4
2
1,200
5146 S Sayre Ave, Chicago, IL
0.54
Single-Family Home
$340,000
07/17/26
3
2
1,022
5438 S Sayre Ave, Chicago, IL
0.54
Single-Family Home
$354,000
04/21/26
3
2
1,204
5531 S Neva Ave, Chicago, IL
0.47
Single-Family Home
$422,000
04/29/26
4
2
1,233

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
7418 W Hanover St, Summit Argo, IL 60501
0.07
$407,100
6
2.5
-
Off Market
7506 W Hanover St, Summit Argo, IL 60501
0.10
$553,500
7
4
-
Off Market
5405 S Hunt Ave, Summit, IL 60501
0.10
-
-
-
-
Off Market
5330 S 73rd Ct, Summit Argo, IL 60501
0.06
$550,000
7
4
-
Recently Sold
5407 S Hunt Ave, Summit, IL 60501
0.11
$530,600
5
3
2,974
Off Market
5413 S 74th Ave, Summit Argo, IL 60501
0.11
$366,200
4
3
-
Off Market
7330 W Selma Ave, Summit, IL 60501
0.08
$315,400
3
1
1,008
Off Market
5343 S 73rd Ct, Summit, IL 60501
0.11
$274,600
2
1
1,200
Off Market
5307 S 73rd Ct, Summit Argo, IL 60501
0.10
$531,300
7
4
-
Off Market
7540 W Hanover St, Summit, IL 60501
0.15
$430,600
8
4
-
Off Market
5350 S 73rd Ave, Summit, IL 60501
0.14
$225,000
3
2
1,180
Recently Sold

Local Information

  • Map ViewExplore the area around 5316 S 74th Ave.
  • Schools1 Preschool School4 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1959
1,500 sqft
$238/sqft
Garage

About this House

Beautiful split-level home! Step inside to the main level and immediately you will notice plenty of natural light, laminate flooring throughout and a spacious living room & family room. The eat-in kitchen has been tastefully updated with sleek cabinets, a newer faucet, a modern ceiling fan and stainless steel appliances. The main level also includes a roomy bedroom, fully remodeled bath and a laundry room. The second level has two good-sized bedrooms with plenty of closet space and a full bath featuring a walk in bathtub! Plenty of room in the backyard to entertain with a concrete patio, sun shade and party door on the detached 2 car garage. Zoned HVAC and water heater are approximately five years old, the tear-off roof was replaced in 2021 and the windows, siding and 200-amp panel are approximately 10 years old. This home has easy access to I-55, the commuter train (Metra), bus, schools and parks. This home is a must-see. Don't miss the opportunity to make this your dream home!
5316 S 74th Ave, Summit, IL 60501 is a 3 bedroom, 2 bathroom, 1,500 sqft single-family home built in 1959. It last sold for $310,000 on Oct 17, 2024 (2% above the $304,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $357,000, with a rent estimate of $2,789/month.
Last check for updates: about 9 hours ago
Listed by Kelly Rosales, ABR,CSC,E-PRO,PSA,SRS, (312) 788-0325
Coldwell Banker Realty
Bought with: Ericka Crosby, (773) 354-3924, eXp Realty
Source: MRED as distributed by MLS GRID, MLS#12150998

Home Details for 5316 S 74th Ave

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1500 Square Feet
Appliances & Utilities
Appliances: Range, Refrigerator, Stainless Steel Appliance(s)Laundry: Main LevelRefrigerator
Heating & Cooling
Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central Air,ZonedHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
No Spa
Gas & Electric
Electric: 200+ Amp Service
Windows, Doors, Floors & Walls
Window: DrapesFlooring: Laminate
Levels, Entrance, & Accessibility
Stories: 1.5Accessibility: No Disability AccessFloors: Laminate
View
No View

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: Off Alley,On Site,Garage Owned,Detached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1959
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Vinyl Siding, BrickNot a New Construction
Property Information
Parcel Number: 18124010120000

Price & Status

Price
List Price: $304,000
Status Change & Dates
Off Market Date: Thu Sep 05 2024Possession Timing: Close Of Escrow

Location

Direction & Address
City: Summit
School Information
Elementary School District: 104Jr High / Middle School District: 104High School: Argo Community High SchoolHigh School District: 217

Community

Community Features: Sidewalks, Street Lights, Street Paved

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 3750 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: FHA

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 12150998

Additional Information

SidewalksStreet LightsStreet PavedSource Internet Automated Valuation DisplaySource Internet Consumer CommentSource Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display

Price and Tax history

DateEventPrice
Oct 17, 2024
Source: MRED as distributed by MLS GRID #12150998
Sold
$310,000
Oct 15, 2024
Source: MRED as distributed by MLS GRID #12150998
Pending
$304,000
Sep 6, 2024
Source: MRED as distributed by MLS GRID #12150998
Contingent
$304,000
Aug 29, 2024
Source: MRED as distributed by MLS GRID #12150998
Listed For Sale
$304,000
Aug 29, 2024
Source: MRED as distributed by MLS GRID #12096083
ListingRemoved

Market trends in Summit

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
11
3MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Summit

At least 61 Trulia users voted on each feature.

  • 91 % Say there are sidewalks

  • 84 % Say yards are well-kept

  • 82 % Say it's dog friendly

  • 81 % Say it's walkable to restaurants

  • 77 % Say it's walkable to grocery stores

  • 72 % Say streets are well-lit

  • 71 % Say there's holiday spirit

  • 70 % Say kids play outside

  • 69 % Say it's quiet

  • 65 % Say car is needed

  • 65 % Say people would walk alone at night

  • 54 % Say they plan to stay for at least 5 years

  • 53 % Say parking is easy

  • 43 % Say neighbors are friendly

  • 36 % Say there are community events

  • 30 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Dan Ellis
    "Working class families with some retail and interstate and metro access. "
    0
    Flag
  • Yasmin Richardson
    "The neighborhood has access to public transportation, which I feel is necessary to live here. A car is a must or some means of transportation. "
    0
    Flag
  • Nicolas Ochoa
    "I really like to see the mind walking with its dogs and exercising. "
    0
    Flag
  • Yessica D.
    "My neighbor has easy access to public transportation. Everything is within walking distance if you don’t drive or want to commute."
    1
    Flag
  • Loreenmay63
    "There is no bus service in this neighborhood along Archer/route 171. So you need a vehicle to get around. "
    0
    Flag
  • Veronica T.
    "The schools are great neighborhood is kind of quiet but there are a lot of nosey people around here as well"
    1
    Flag
  • Beken1980
    "Summit used to have movie nights but they stopped doing that, as well as car shows. I'm not a fan of this area. Property taxes are ridiculously expensive for a town that doesn't even fix their streets. Ive lived here for 19 years, 19 years to many if you ask me. "
    3
    Flag
  • Judith P.
    "wish neighbors were friendlier but you do feel safe. close to 55. malls close to the area. 15 minutes from midway. "
    0
    Flag
  • Marisol R.
    "I've lived in this area for 7 yrs and I like it alot. Neighbors are very nice. I love the schools as well. "
    0
    Flag
  • Rudy Y.
    "Gritty folks all they do is win win win no matter what. People can’t stop heart and determination. Many generations have lived here and grown together. It is a tight knit community"
    3
    Flag
  • Tanabellzdad43
    "everyone minds thier business with the occasional loud party on the weekend its a hard working family community"
    0
    Flag
  • Tanabellzdad43
    "everyone minds there own business. everyone gets along it gets a little lound on the weekends but nothing crazy "
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information

Frequently asked questions about 5316 S 74th Ave

  • What is 5316 S 74th Ave estimated to be worth?
    Trulia's estimated value for 5316 S 74th Ave in Summit, IL is $357,000.
  • What is the price history for 5316 S 74th Ave?
    5316 S 74th Ave in Summit, IL last sold for $310,000 in October 2024.
  • Is Summit a buyer's or seller's market?
    Summit is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Summit?
    Residents describe Summit, IL as pedestrian-friendly, well-kept, and dog-friendly. See recently sold homes in Summit, IL.
  • Does 5316 S 74th Ave have air conditioning?
    Yes, 5316 S 74th Ave in Summit, IL has air conditioning.
  • Does 5316 S 74th Ave have laundry facilities?
    Yes, 5316 S 74th Ave in Summit, IL has laundry facilities.

Explore by feature - Air Conditioning

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