7416 W 63rd Pl
Summit, IL 60501
3 Beds
1.5 Baths
1,200 sqft
$245,000
Last Sold: Jun 2, 2026
2% over list $240K
$204/sqft
Est. Refi. Payment $1,703/mo*
$245,000
Last Sold: Jun 2, 2026
2% over list $240K
$204/sqft
Est. Refi. Payment $1,703/mo*
3 Beds
1.5 Baths
1,200 sqft
Local Information
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Description
Calling all serious investors and vision-driven homeowners, this is the kind of opportunity that does not wait. Located in the red hot Summit area, this property is your chance to step into a project with real upside, strong fundamentals, and untapped potential. With amazing bones already in place, the foundation is set for something truly special. Recent improvements include a newer roof, newer windows, a newer half bath in the basement, and a renovated full bath on the main level, giving you a head start while still leaving room to add your own vision and value. Whether you are looking to renovate, reposition, or build long-term equity, this property delivers the perfect canvas. It may require work, but for the right buyer, that is exactly where the opportunity begins. You are not just purchasing a property, you are securing the chance to create something meaningful and profitable. The property is being sold strictly as-is, and so as the garage with no survey or disclosures provided. The buyer will be responsible for all city inspections, property clean-out, and any required repairs. Taxes will be prorated at 100 percent, and all earnest money must be submitted in certified funds. All offers must include proof of funds or a pre-approval letter. All property details, including room count and lot size, are estimated and not guaranteed. Buyers are responsible for conducting their own due diligence. Opportunities like this come down to timing, vision, and decisiveness. If you recognize the value here, you already know your next move.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from June 03, 2026
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$204/sqft
Listed
72 days ago
Home Details for 7416 W 63rd Pl
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MLS Status: Closed |
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Interior Details Basement: Unfinished,FullNumber 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): 1Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 1200 Square Feet |
Heating & Cooling Heating: Natural Gas,Forced AirNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Natural Gas |
Levels, Entrance, & Accessibility Stories: 1Accessibility: No Disability Access |
View No View |
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Exterior Home Features Roof: AsphaltFoundation: Concrete Perimeter |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: Off Alley,Yes,Garage Owned,Detached,Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1961 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: BrickNot a New Construction |
Property Information Parcel Number: 18242010410000 |
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Price List Price: $239,900Price Per Sqft: $204/sqft |
Status Change & Dates Off Market Date: Mon May 04 2026Possession Timing: Close Of Escrow |
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Direction & Address City: Summit |
School Information Elementary School District: 104Jr High / Middle School District: 104High School District: 217 |
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HOA Fee Includes: None |
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Lot Area: 3125 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: 12609827 |
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Source Internet Consumer CommentSource Internet Entire Listing DisplayMRD IDX Comments Reviews: YesMRD Listing On IDX Display: YesMRD AVM On IDX Display: YesMRD Address On VOW Display: YesSource Internet Automated Valuation DisplayMRD Price History On IDX Display: YesMRD Market Time On IDX Display: YesMRD REMARKSINTERNET: YesSource Internet Address DisplayMRD Remarks On VOW Display: Yes |
Last check for updates: about 4 hours ago
Listed by Monica Poland, (773) 348-8500
RE/MAX 10 Lincoln Park
Bought with: Araceli Morales, (773) 991-4047, Royal Service Realty Home Sweet Home
Source: MRED as distributed by MLS GRID, MLS#12609827
Price History for 7416 W 63rd Pl
| Date | Price | Event | Source |
|---|---|---|---|
| 06/02/2026 | $245,000 | Sold | MRED as distributed by MLS GRID #12609827 |
| 05/20/2026 | $239,900 | ListingRemoved | MRED as distributed by MLS GRID #12609827 |
| 05/04/2026 | $239,900 | Contingent | MRED as distributed by MLS GRID #12609827 |
| 04/03/2026 | $239,900 | Listed For Sale | MRED as distributed by MLS GRID #12609827 |
Market trends in Summit
Last updated May 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
—
Available listings
12
2MoM
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | |
| Assessment | $190,000 |
Home facts updated by county records
Homeowner tools
Estimated monthly rent$2,467/mo
Comparable Sales for 7416 W 63rd Pl
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.04 | Single-Family Home | $311,000 | 02/23/26 | 4 | 2 | 1,912 | |
0.24 | Single-Family Home | $160,000 | 07/18/25 | 3 | 2 | 1,290 | |
0.24 | Single-Family Home | $277,390 | 04/30/26 | 3 | 1.5 | 1,180 | |
0.32 | Single-Family Home | $317,500 | 03/26/26 | 4 | 2 | 1,209 | |
0.37 | Single-Family Home | $245,000 | 07/21/25 | 3 | 2 | 1,500 | |
0.28 | Single-Family Home | $125,000 | 01/30/26 | 3 | 2 | 1,100 | |
0.41 | Single-Family Home | $242,000 | 07/03/25 | 3 | 1 | 1,000 |
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Assigned Schools
These are the assigned schools for 7416 W 63rd 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 Review8mo 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 Review10mo ago 
Check out schools near 7416 W 63rd 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
7416 W 63rd Pl, Summit, IL 60501 is a 3 bedroom, 2 bathroom, 1,200 sqft single-family home built in 1961. This property is not currently available for sale. 7416 W 63rd Pl was last sold on Jun 2, 2026 for $245,000 (2% higher than the asking price of $239,900). The current Trulia Estimate for 7416 W 63rd Pl is $245,300.