7316 W  56th St, Summit, IL 60501
Property image
Property image
OFF MARKET

7316 W 56th St
Summit, IL 60501

  • 3 Beds
  • 3 Baths
  • 1,500 sqft

$313,700

Trulia Estimate
as of Jul 23, 2026
Est. Refi. Payment $2,193/mo*

$313,700

Trulia Estimate
as of Jul 23, 2026
Est. Refi. Payment $2,193/mo*
3 Beds
3 Baths
1,500 sqft

Local Information

  • Map ViewExplore the area around 7316 W 56th St.
  • Schools1 Preschool School4 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1953
Living Area
1,500 sqft
Price/Sqft
$209
Parking
Garage

Description

Move right in to this beauiful quaint home. Nice big back yard w/2 car garage. Newer tile floors in kitchen, newer carpeting thru-out. 2 bedrooms plus full bath upstairs, full bath & master bed on 1st level and full bath plus den/office in lower level. Bright and spacious. Must see! On a quiet tree lined street. Short Sale Opportunity!
7316 W 56th St, Summit, IL 60501 is a 3 bedroom, 3 bathroom, 1,500 sqft single-family home built in 1953. It last sold for $103,888 on May 17, 2012. It is currently off market. The Trulia Estimate is $313,700, with a rent estimate of $2,649/month.

Home Details for 7316 W 56th St

Interior Features

Interior Details
BasementAtticNumber of Rooms: 6
Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 3

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Stone
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1953
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 4880 sqft

Price History for 7316 W 56th St

DatePriceEventSource
05/17/2012$103,888Sold
MRED as distributed by MLS GRID #07850786
11/17/2011$109,900Listed For SaleAgent Provided
09/30/2011$109,900ListingRemovedAgent Provided
09/03/2011$119,900PriceChange
Agent Provided
08/03/2011$109,900PriceChange
Agent Provided
07/08/2011$119,900Listed For SaleAgent Provided
02/05/2008$222,000Sold
N/A

Market trends in Summit

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
14
2
MoM
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Property Tax and Assessment

Year2024
Tax
Assessment$240,000
Home facts updated by county records

Comparable Sales for 7316 W 56th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.30
Single-Family Home
$105,000
12/09/25
3
2
1,445
0.17
Single-Family Home
$208,209
10/04/25
3
2
1,753
0.19
Single-Family Home
$315,000
08/22/25
3
2
1,287
0.06
Single-Family Home
$328,000
08/29/25
4
2
1,384
0.14
Single-Family Home
$300,000
07/10/26
4
2
1,200
0.23
Single-Family Home
$180,250
10/03/25
5
2
1,236
0.02
Single-Family Home
$220,000
06/02/26
3
1
960
0.34
Single-Family Home
$385,900
06/30/26
5
3
1,800
0.40
Single-Family Home
$345,000
10/14/25
3
2.5
1,250
0.25
Single-Family Home
$422,000
04/29/26
4
2
1,233

Nearby homes

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Assigned Schools

These are the assigned schools for 7316 W 56th St.
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.
  • 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. "
  • Nicolas Ochoa
    "I really like to see the mind walking with its dogs and exercising. "
  • Yessica D.
    "My neighbor has easy access to public transportation. Everything is within walking distance if you don’t drive or want to commute."
  • Loreenmay63
    "There is no bus service in this neighborhood along Archer/route 171. So you need a vehicle to get around. "
  • Veronica T.
    "The schools are great neighborhood is kind of quiet but there are a lot of nosey people around here as well"
  • 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. "
  • Judith P.
    "wish neighbors were friendlier but you do feel safe. close to 55. malls close to the area. 15 minutes from midway. "
  • 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. "
  • 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"
  • Tanabellzdad43
    "everyone minds thier business with the occasional loud party on the weekend its a hard working family community"
  • Tanabellzdad43
    "everyone minds there own business. everyone gets along it gets a little lound on the weekends but nothing crazy "

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 7316 W 56th St

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Off Market Homes Near 7316 W 56th St

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