7345 W Archer, Summit, IL 60501
OFF MARKET

$504,900

Trulia Estimate
  • 6 Beds
  • 4 Baths
  • 2,860 sqft

7345 W Archer, Summit, IL 60501

Est. Refi. Payment $3,548/mo*
Refinance Your Home
Currently Off Market - Sold Jul 18, 2018 for $315,000

Home Value

Trulia Estimate
$505K
Since last month
Increased$2K (+0.4%)
Since last year
Increased$2K (+0.3%)
Since last sale
Increased$192K (+61%)
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 +117% in the last 10 years
MonthEstimated value
2026
August 2026$507K
August 2026$505K
July 2026$505K
June 2026$514K
May 2026$501K
April 2026$508K
March 2026$488K
February 2026$489K
January 2026$484K
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
5330 S 73rd Ct, Summit, IL
0.26
Multi-Family Home
$550,000
08/19/26
7
4
2,976
5535 S Archer Rd, Summit, IL
0.21
Multi-Family Home
$100,000
10/07/25
4
4
1,760
7318 W Archer Ave, Summit Argo, IL
0.04
Multi-Family Home
$325,000
03/23/26
4
2
-
7442 W 56th Pl, Summit, IL
0.23
Multi-Family Home
$365,000
07/29/26
5
-
2,071
7314 W 61st St, Summit, IL
0.72
Multi-Family Home
$385,000
07/21/26
6
2
2,295
7548 W 61st St #1, Summit, IL
0.77
Multi-Family Home
$330,000
06/03/26
6
2
2,288
7525 W 57th Pl, Summit, IL
0.40
Multi-Family Home
$160,000
10/24/25
4
2
1,672
5330 S 73rd Ct, Summit Argo, IL
0.26
Multi-Family Home
$550,000
08/11/26
7
4
-
7346 W 57th Pl, Summit, IL
0.29
Multi-Family Home
$365,000
03/12/26
5
3
-
7341 W 56th Pl, Summit, IL
0.18
Multi-Family Home
$345,000
12/09/25
5
2
-

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
7318 W Archer Ave, Summit Argo, IL 60501
0.04
$325,000
4
2
-
Recently Sold
5446 S 73rd Ct, Summit, IL 60501
0.06
$492,700
5
3
2,817
Off Market
7349 W Archer Ave, Summit Argo, IL 60501
0.01
$462,600
7
3
-
Off Market
7303 Archer Ave, Summit Argo, IL 60501
0.06
$513,500
8
3
-
Off Market
5436 S 73rd Ct, Summit, IL 60501
0.09
$474,900
5
2.5
2,400
For Sale
5427 S 73rd Ct, Summit, IL 60501
0.12
$422,800
5
3
-
Off Market
7329 W 55th Pl, Summit, IL 60501
0.06
$361,000
3
2
1,400
Recently Sold
7341 W 55th Pl, Summit, IL 60501
0.06
$307,000
3
2
1,204
Recently Sold
5436 S 74th Ave, Summit, IL 60501
0.11
$318,700
3
2
1,257
Off Market
5444 S 72nd Ct, Summit, IL 60501
0.14
$417,800
4
2
11,250
Off Market
5440 S 72nd Ct, Summit, IL 60501
0.15
$409,900
4
2.5
2,203
Off Market
5514 S 72nd Ct, Summit, IL 60501
0.12
$331,300
3
2
3,720
Off Market

Local Information

  • Map ViewExplore the area around 7345 W Archer.
  • Schools1 Preschool School4 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
2,860 sqft
$177/sqft

About this House

This multi-family home is located at 7345 W Archer, Summit, IL. 7345 W Archer is in Summit, IL and in ZIP code 60501. This property has 6 bedrooms, 4 bathrooms and approximately 2,860 sqft of floor space.
7345 W Archer, Summit, IL 60501 is a 6 bedroom, 4 bathroom, 2,860 sqft multi-family. It last sold for $315,000 on Jul 18, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $504,900, with a rent estimate of $1,962/month.

Home Details for 7345 W Archer

Property Information

Property Type / Style
Property Type: Multi Family

Price and Tax history

DateEventPrice
Jul 18, 2018
Source: N/A
Sold
$315,000

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

Frequently asked questions about 7345 W Archer

  • What is 7345 W Archer estimated to be worth?
    Trulia's estimated value for 7345 W Archer in Summit, IL is $504,900.
  • What is the price history for 7345 W Archer?
    7345 W Archer in Summit, IL last sold for $315,000 in July 2018.
  • 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.

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