7420 W 56th St, Summit, IL 60501
Property image
Property image
OFF MARKET

$302,300

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,468 sqft

7420 W 56th St, Summit, IL 60501

Refinance Your Home
Currently Off Market - Sold Mar 29, 2017 for $165,000

Home Value

Trulia Estimate
$302K
Since last month
Decreased$600 (-0.2%)
Since last year
Increased$8K (+2.8%)
Since last sale
Increased$137K (+83.2%)
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 +98% in the last 10 years
MonthEstimated value
2026
August 2026$302K
August 2026$302K
July 2026$303K
June 2026$306K
May 2026$308K
April 2026$307K
March 2026$301K
February 2026$292K
January 2026$287K
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
0.10
Single-Family Home
$307,000
08/18/26
3
2
1,204
Address Not Disclosed, Summit, IL
0.19
Single-Family Home
$180,250
10/03/25
5
2
1,236
7338 W 57th St, Summit, IL
0.15
Single-Family Home
$300,000
07/10/26
4
2
1,200
5445 S 73rd Ave, Summit, IL
0.26
Single-Family Home
$208,209
10/04/25
3
2
1,753
7324 W 56th St, Summit, IL
0.13
Single-Family Home
$220,000
06/02/26
3
1
960
7546 W Hanover St, Summit, IL
0.31
Single-Family Home
$240,000
11/26/25
3
1
1,178
5350 S 73rd Ave, Summit, IL
0.33
Single-Family Home
$225,000
03/30/26
3
2
1,180
7515 W Douglas Ave, Summit, IL
0.20
Single-Family Home
$289,900
07/21/26
4
1.5
1,800
7600 W 60th St, Summit, IL
0.54
Single-Family Home
$330,000
08/21/26
3
2
1,537
7540 W 59th St, Summit, IL
0.42
Single-Family Home
$355,000
01/09/26
3
2
1,640

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
5612 S 74th Ave, Summit, IL 60501
0.07
$282,100
2
1
988
Off Market
7348 W 56th Pl, Summit Argo, IL 60501
0.11
$362,200
5
3
-
Off Market
7440 W 56th Pl, Summit, IL 60501
0.08
$439,000
4
2
3,030
Off Market
7341 W 55th Pl, Summit, IL 60501
0.10
$307,000
3
2
1,204
Recently Sold
7441 W 56th Pl, Summit, IL 60501
0.10
$348,900
5
2
1,622
Off Market
7341 W 56th Pl, Summit, IL 60501
0.13
$345,000
5
2
-
Recently Sold
7329 W 55th Pl, Summit, IL 60501
0.13
$361,000
3
2
1,400
Recently Sold
7324 W 56th Pl, Summit, IL 60501
0.14
$344,700
4
2
1,384
Off Market
7338 W 57th St, Summit, IL 60501
0.15
$300,000
4
2
1,200
Recently Sold
7349 W Archer Ave, Summit Argo, IL 60501
0.13
$462,600
7
3
-
Off Market
7330 W 57th St, Summit, IL 60501
0.16
$370,600
3
3
2,136
Off Market
7427 W 57th St, Summit, IL 60501
0.16
$345,000
3
1
900
Off Market

Local Information

  • Map ViewExplore the area around 7420 W 56th St.
  • Schools1 Preschool School4 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1909
1,468 sqft
$206/sqft
Garage

About this House

Home has been completely remodeled. Move in condition with 3 Bedroom 2 Full baths. Kitchen has self closing Maple cabinets, granite counter tops, New SS Appliances with ceramic floors. Formal Dining room off the Kitchen area. Freshly painted, with brushed nickel fixtures through out the home. Enclosed heated back porch. New roof, new electrical panel. Fenced in back yard, 2 car garage. Already Passed Village inspection and ready for a New Owner. Close to Shopping, Parks, Expressways & Restaurants. This Home may qualify for grant money from IHDA 1st Home Illinois up to $7,500.
7420 W 56th St, Summit, IL 60501 is a 3 bedroom, 2 bathroom, 1,468 sqft single-family home built in 1909. It last sold for $165,000 on Mar 29, 2017. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $302,300, with a rent estimate of $2,581/month.

Home Details for 7420 W 56th St

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Carpet, Laminate
Interior Details
Number of Rooms: 6Types of Rooms: Dining Room
Appliances & Utilities
Refrigerator

Exterior Features

Exterior Home Features
Roof: Asphalt, Shake ShingleExterior: VinylPatio
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1909
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 3123 sqft

Price and Tax history

DateEventPrice
Mar 29, 2017
Source: MRED as distributed by MLS GRID #09489915
Sold
$165,000
Feb 10, 2017
Source: Agent Provided
Pending
$167,900
Jan 31, 2017
Source: Agent Provided
Listed For Sale
$167,900
Dec 24, 2016
Source: Agent Provided
ListingRemoved
$157,900
Aug 22, 2016
Source: Agent Provided
PriceChange
$157,900
Price decreased by 1%

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 7420 W 56th St

  • What is 7420 W 56th St estimated to be worth?
    Trulia's estimated value for 7420 W 56th St in Summit, IL is $302,300.
  • What is the price history for 7420 W 56th St?
    7420 W 56th St in Summit, IL last sold for $165,000 in March 2017.
  • 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 7420 W 56th St have air conditioning?
    Yes, 7420 W 56th St in Summit, IL has air conditioning.
  • How big is the lot at 7420 W 56th St?
    The lot at 7420 W 56th St in Summit, IL is about 0.07 acres (3,123 sq ft).

Explore by feature - Air Conditioning

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