7350 W 55th Pl, Summit, IL 60501
Property image
Property image
OFF MARKET

7350 W 55th Pl
Summit, IL 60501

  • 3 Beds
  • 2 Baths
  • 1,082 sqft

$312,000

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $2,193/mo*
Refinance Your Home

$312,000

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $2,193/mo*
Refinance Your Home
3 Beds
2 Baths
1,082 sqft

Home Value

Trulia Estimate
$312K
Since last month
Increased$3K (+0.9%)
Since last year
Increased$12K (+4%)
Since last sale
Increased$228K (+267.8%)
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 +233% in the last 10 years
MonthEstimated value
2026
August 2026$313K
July 2026$310K
June 2026$312K
May 2026$312K
April 2026$308K
March 2026$300K
February 2026$293K
January 2026$285K
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
0.03
Single-Family Home
$307,000
08/18/26
3
2
1,204
5445 S 73rd Ave, Summit, IL
0.15
Single-Family Home
$208,209
10/04/25
3
2
1,753
7324 W 56th St, Summit, IL
0.08
Single-Family Home
$220,000
06/02/26
3
1
960
7324 W 56th Pl, Summit, IL
0.13
Single-Family Home
$328,000
08/29/25
4
2
1,384
5350 S 73rd Ave, Summit, IL
0.24
Single-Family Home
$225,000
03/30/26
3
2
1,180
7338 W 57th St, Summit, IL
0.19
Single-Family Home
$300,000
07/10/26
4
2
1,200
Address Not Disclosed, Summit, IL
0.26
Single-Family Home
$180,250
10/03/25
5
2
1,236
5347 S 73rd Ave, Summit, IL
0.26
Single-Family Home
$105,000
12/09/25
5
2
2,500
5531 S Neva Ave, Chicago, IL
0.31
Single-Family Home
$422,000
04/29/26
4
2
1,233
7515 W Douglas Ave, Summit, IL
0.19
Single-Family Home
$289,900
07/21/26
4
1.5
1,800

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
7341 W 55th Pl, Summit, IL 60501
0.03
$307,000
3
2
1,204
Recently Sold
7349 W Archer Ave, Summit Argo, IL 60501
0.03
$462,100
7
3
-
Off Market
7329 W 55th Pl, Summit, IL 60501
0.06
$361,000
3
2
1,400
Recently Sold
7318 W Archer Ave, Summit Argo, IL 60501
0.08
$325,000
4
2
-
Recently Sold
7303 Archer Ave, Summit Argo, IL 60501
0.09
$508,100
8
3
-
Off Market
5446 S 73rd Ct, Summit, IL 60501
0.10
$489,000
5
3
2,817
Off Market
5441 S 74th Ave, Summit, IL 60501
0.10
$449,900
4
3
-
For Sale
5612 S 74th Ave, Summit, IL 60501
0.12
$284,200
2
1
988
Off Market
7348 W 56th Pl, Summit Argo, IL 60501
0.13
$364,400
5
3
-
Off Market
5436 S 73rd Ct, Summit, IL 60501
0.12
$515,000
5
2.5
2,400
For Sale
7324 W 56th Pl, Summit, IL 60501
0.13
$346,700
4
2
1,384
Off Market
5441 S Hunt Ave, Summit, IL 60501
0.13
$379,000
4
3
1,150
For Sale

Local Information

  • Map ViewExplore the area around 7350 W 55th Pl.
  • Schools1 Preschool School4 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1957
Living Area
1,082 sqft
Price/Sqft
$288
Parking
Garage

About this House

Nice 3 bedroom ranch in good condition. Hardwood floors throughout. Bath in basement. Ideal location, close to school and shopping. Ready to move in.
7350 W 55th Pl, Summit, IL 60501 is a 3 bedroom, 2 bathroom, 1,082 sqft single-family home built in 1957. It last sold for $85,000 on Aug 8, 2013. It is currently off market. The Trulia Estimate is $312,000, with a rent estimate of $2,718/month.

Home Details for 7350 W 55th Pl

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood
Interior Details
Number of Rooms: 5

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Brick
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1957
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 4575 sqft

Price and Tax history

DateEventPrice
Aug 8, 2013
Source: MRED as distributed by MLS GRID #08172543
Sold
$85,000
Jul 23, 2013
Source: Agent Provided
Pending
$130,000
May 21, 2013
Source: Agent Provided
PriceChange
$130,000
Price decreased by 42%
Dec 14, 2012
Source: Agent Provided
PriceChange
$222,300
Price increased by 181%
Dec 8, 2012
Source: Agent Provided
PriceChange
$79,000
Price decreased by 25%

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 7350 W 55th Pl

  • What is 7350 W 55th Pl estimated to be worth?
    Trulia's estimated value for 7350 W 55th Pl in Summit, IL is $312,000.
  • What is the price history for 7350 W 55th Pl?
    7350 W 55th Pl in Summit, IL last sold for $85,000 in August 2013.
  • 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 7350 W 55th Pl have air conditioning?
    Yes, 7350 W 55th Pl in Summit, IL has air conditioning.
  • How big is the lot at 7350 W 55th Pl?
    The lot at 7350 W 55th Pl in Summit, IL is about 0.11 acres (4,588 sq ft).

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