7346 W 57th Pl
Summit, IL 60501
5 Beds
3 Baths
5 Beds
3 Baths
Local Information
- Map ViewExplore the area around 7346 W 57th Pl.
- Schools1 Preschool School4 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
Description
Exceptional opportunity to own a solid and spacious legal 2-unit building in the heart of Summit Argo. Both units offer generously sized bedrooms and large, functional kitchens, providing comfortable living spaces with great natural light and layout flexibility. The property features a full basement with laundry, storage options, and potential for additional improvement or future expansion ideas. A detached 2-car garage and a wide, well-kept backyard add to the usability and long-term appeal of the home. While minor updating is needed, the structure and major components offer a strong foundation for customization-ideal for investors looking to maximize rental income or owner-occupants wanting to build equity. This property delivers outstanding value in a high-demand rental area known for its convenience, community amenities, and easy access to transportation, schools, and shopping. Don't miss this chance to secure a versatile investment with excellent upside potential in a sought-after location.
7346 W 57th Pl, Summit, IL 60501 is a 5 bedroom, 3 bathroom multi-family built in 1948. It last sold for $365,000 on Mar 12, 2026 (11% below the $409,000 asking price). More recently, it was listed as a rental in December 2017 with an asking price of $775 per month. That rental listing was removed on December 22, 2017. It is currently off market. The Trulia Estimate is $370,900, with a rent estimate of $1,915/month.
Home Highlights
Parking
Garage
Outdoor
Deck
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 7346 W 57th Pl
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MLS Status: Closed |
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Interior Details Basement: Finished,FullNumber of Rooms: 13 |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Heating & Cooling Heating: Natural Gas,Forced AirHas HeatingHeating Fuel: Natural Gas |
Windows, Doors, Floors & Walls Window: Screens |
View No View |
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Exterior Home Features Roof: AsphaltPatio / Porch: DeckFencing: FencedOther Structures: Shed(s)Foundation: Concrete Perimeter |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageHas Open ParkingParking Spaces: 4Parking: Garage Door Opener,Yes,Garage Owned,Detached,Off Street,Side Apron,Other,Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1948 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Bungalow |
Building Construction Materials: BrickNot a New ConstructionNo Additional Parcels |
Property Information Parcel Number: 18132170290000Model Home Type: 2 FLAT |
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Price List Price: $409,000 |
Status Change & Dates Off Market Date: Tue Dec 09 2025Possession Timing: Close Of Escrow |
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Direction & Address City: Summit |
School Information Elementary School: Walsh Elementary SchoolElementary School District: 104Jr High / Middle School: Heritage Middle SchoolJr High / Middle School District: 104High School: Argo Community High SchoolHigh School District: 217 |
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Buyer Agent Buyer Company Name: Olaez Group |
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Building Details Builder Model: 2 FLAT |
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Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved |
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Lot Area: 4791.6 sqft |
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Special Conditions: None |
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Listing Terms: FHA |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 12513440Attribution Contact: (312) 836-4263Activation Date: Fri Nov 14 2025 |
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ParkCurbsSidewalksStreet LightsStreet PavedMRD SHARE WITH CLIENTS: YesSource Internet Entire Listing DisplayMRD Listing On IDX Display: YesSource Internet Address DisplayMRD REMARKSINTERNET: Yes |
Last check for updates: about 4 hours ago
Listed by Terrie Whittaker, (312) 836-4263
Redfin Corporation
Bought with: Andres Olaez, Keller Williams ONEChicago
Source: MRED as distributed by MLS GRID, MLS#12513440
Price History for 7346 W 57th Pl
| Date | Price | Event | Source |
|---|---|---|---|
| 03/12/2026 | $365,000 | Sold | MRED as distributed by MLS GRID #12513440 |
| 12/11/2025 | $409,000 | Contingent | MRED as distributed by MLS GRID #12513440 |
| 11/14/2025 | $409,000 | Listed For Sale | MRED as distributed by MLS GRID #12513440 |
| 12/22/2017 | $775 | ListingRemoved | Agent Provided |
| 12/13/2017 | $775 | Listed For Rent | Agent Provided |
| 09/16/2015 | $167,400 | Sold | MRED as distributed by MLS GRID #08895250 |
| 07/31/2015 | $169,900 | Pending | Agent Provided |
| 07/23/2015 | $169,900 | PriceChange | Agent Provided |
| 05/12/2015 | $184,000 | Pending | Agent Provided |
| 05/05/2015 | $184,000 | PriceChange | Agent Provided |
| 04/18/2015 | $194,000 | Listed For Sale | Agent Provided |
| 09/03/1996 | $120,000 | Sold | N/A |
Market trends in Summit
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
14
2MoM
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | |
| Assessment | $280,000 |
Home facts updated by county records
Comparable Sales for 7346 W 57th Pl
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.10 | Multi-Family Home | $345,000 | 12/09/25 | 5 | 2 | - | |
0.28 | Multi-Family Home | $435,000 | 05/26/26 | 7 | 4 | - | |
0.25 | Multi-Family Home | $565,000 | 05/06/26 | 8 | 3 | - | |
0.31 | Multi-Family Home | $250,000 | 04/09/26 | 4 | 2 | - | |
0.41 | Multi-Family Home | $440,000 | 06/18/26 | 4 | 3 | - | |
0.52 | Multi-Family Home | $440,000 | 11/03/25 | 5 | 3 | - | |
0.64 | Multi-Family Home | $409,000 | 01/09/26 | 5 | 2 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
FOR SALENEW - 4 HRS AGOHomeSmart Connect LLC, New
FOR SALEFirst United Realtors, Inc., Active
OFF MARKETDouble TT Real Estate Inc., Closed
SOLDDEC 19, 2025Ravinia Realty & Mgmt LLC, Closed
Assigned Schools
These are the assigned schools for 7346 W 57th Pl.
- Argo Community High School
- 9-12
- Public
- 1739 Students
6/10GreatSchools RatingParent Rating AverageA great school, very accommodating, teachers were so chill and cool, Student supervisors were like the funest people and didn't make you feel intimidated. sadly transferred from argo but overall an amazing experience and they didnt hide the special ed students and they were always included throught the school and in classrooms and not locked up like pets, students often treated them very kindly and overall one of the most accomodating schools with elavators scattered almost in every corner making it accessable to walk and nurse and teachers always made sure i was ok with me walking and always asked me if i needed help getting along my classes, basically very nice, id always choose this school due to how accomodating and how well the teachers taught :)Student Review1y ago - Dr Donald Wharton Elementary School
- K-5
- Public
- 123 Students
8/10GreatSchools RatingParent Rating AverageAwful!! If you're kid is different don't expect them to support them. Kids get bullied constantly and nothing is doneParent Review8y ago - Heritage Middle School
- 6-8
- Public
- 443 Students
6/10GreatSchools RatingParent Rating AverageMy daughter only went to this school for a couple months and then, thankfully, we moved. This entire district seems to only want Hispanic people. They do not treat you well if you are not Hispanic. My daughter hated this school and it was so hard to get her to go. Lots of bullying in the district that just goes unchecked. One of her friends was bullied so bad she has to do online school so she doesn't harm herself.Parent Review9mo ago - Otis P Graves Elementary School
- PK-5
- Public
- 546 Students
5/10GreatSchools RatingParent Rating AverageN/AParent Review18y ago - W W Walker Elementary School
- K-5
- Public
- 129 Students
5/10GreatSchools RatingParent Rating AverageWhen I had a cast they helped with getting me up and down to my classes when I needed help with transportationOther Review4y ago - Walsh Elementary School
- K-5
- Public
- 183 Students
7/10GreatSchools RatingParent Rating AverageMy daughter primarily speaks English. Most of her classmates spoke Spanish and so she had a hard time understanding them. Overall I feel the school is trying to help the students who need more help catching up to basic proficiency. Kids that show higher growth are not going to be pushed. I do feel the teachers are doing their best but they definitely are having to go above and beyond. My daughter’s kindergarten teacher was a saint but first seemed overwhelmed. I was told many budget cuts were coming and so I feel the school will not be able to pay staff to meet the students demands. Leaving the district for the fear of lack of resources.Parent Review11mo ago 
Check out schools near 7346 W 57th Pl.
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.
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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