7429 W 56th Pl, Summit, IL 60501
Property image
Property image
OFF MARKET

$315,000

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,143 sqft

7429 W 56th Pl, Summit, IL 60501

Est. Refi. Payment $2,223/mo*
Refinance Your Home
Currently Off Market - Sold May 10, 2016 for $85,000

Home Value

Trulia Estimate
$315K
Since last month
Increased$6K (+2%)
Since last year
Increased$10K (+3.1%)
Since last sale
Increased$230K (+270.6%)
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 +273% in the last 10 years
MonthEstimated value
2026
August 2026$315K
July 2026$309K
June 2026$313K
May 2026$320K
April 2026$315K
March 2026$307K
February 2026$299K
January 2026$288K
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
Address Not Disclosed, Summit, IL
0.10
Single-Family Home
$180,250
10/03/25
5
2
1,236
5350 S 73rd Ave, Summit, IL
0.43
Single-Family Home
$225,000
03/30/26
3
2
1,180
7436 W 58th St, Summit, IL
0.16
Single-Family Home
$242,500
05/26/26
3
1
1,068
7341 W 55th Pl, Summit, IL
0.18
Single-Family Home
$307,000
08/18/26
3
2
1,204
7338 W 57th St, Summit, IL
0.10
Single-Family Home
$300,000
07/10/26
4
2
1,200
7324 W 56th St, Summit, IL
0.18
Single-Family Home
$220,000
06/02/26
3
1
960
7515 W Douglas Ave, Summit, IL
0.29
Single-Family Home
$289,900
07/21/26
4
1.5
1,800
7540 W 59th St, Summit, IL
0.32
Single-Family Home
$355,000
01/09/26
3
2
1,640
5445 S 73rd Ave, Summit, IL
0.34
Single-Family Home
$208,209
10/04/25
3
2
1,753
7515 W 61st St, Summit, IL
0.58
Single-Family Home
$260,000
12/22/25
3
2
1,161

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
7440 W 56th Pl, Summit, IL 60501
0.04
$437,000
4
2
3,030
Off Market
7441 W 56th Pl, Summit, IL 60501
0.03
$348,900
5
2
1,622
Off Market
7427 W 57th St, Summit, IL 60501
0.06
$346,400
3
1
900
Off Market
7439 W 57th Pl, Summit, IL 60501
0.07
$304,300
3
2.5
1,775
Off Market
5612 S 74th Ave, Summit, IL 60501
0.08
$283,200
2
1
988
Off Market
7338 W 57th St, Summit, IL 60501
0.10
$300,000
4
2
1,200
Recently Sold
Address Not Disclosed, Summit, IL 60501
0.10
$408,000
5
2
1,236
For Sale
7348 W 56th Pl, Summit Argo, IL 60501
0.11
$362,200
5
3
-
Off Market
7426 W 57th Pl, Summit, IL 60501
0.10
$260,500
2
1
-
Off Market
7341 W 56th Pl, Summit, IL 60501
0.12
$345,000
5
2
-
Recently Sold
7330 W 57th St, Summit, IL 60501
0.13
$370,600
3
3
2,136
Off Market
7518 W 57th Pl, Summit, IL 60501
0.14
$313,300
3
1.5
1,222
Off Market

Local Information

  • Map ViewExplore the area around 7429 W 56th 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
1914
Living Area
1,143 sqft
Price/Sqft
$276
Parking
Garage

About this House

Vinyl Sided Bungalow in Summit. 3 Bedrooms with 1 Bathroom on the Main Floor. Living Room with Hardwood Floor & Ceiling Fan. Formal Dining Room with Hardwood Floor & Built-Ins. Eat-In Kitchen with Ceramic Tile Floor & Ceiling Fan. Master Bedroom with Carpet & Ceiling Fan. Bedrooms 2 & 3 with Hardwood Floors. Bathroom with Tub & Separate Shower. In-Law Suite in the Basement with Family Room, Kitchen, Full Bathroom, & 3 Additional Rooms. Fenced Back Yard with Deck. (2) 2-Car Detached Garages. HUD Owned. Qualifies for FHA Financing.
7429 W 56th Pl, Summit, IL 60501 is a 3 bedroom, 2 bathroom, 1,143 sqft single-family home built in 1914. It last sold for $85,000 on May 10, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $315,000, with a rent estimate of $2,584/month.

Home Details for 7429 W 56th Pl

Interior Features

Heating & Cooling
Heating: BaseboardHeating Fuel: Baseboard
Interior Details
Number of Rooms: 7Types of Rooms: Dining RoomCeiling Fan
Levels, Entrance, & Accessibility
Floors: Tile, Carpet, Hardwood, Linoleum Vinyl

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Vinyl
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1914
Property Type / Style
Property Type: Single Family HomeArchitecture: Bungalow

Community

Units in Building: 1

Lot Information

Lot Area: 7440 sqft

Price and Tax history

DateEventPrice
May 10, 2016
Source: MRED as distributed by MLS GRID #09154765
Sold
$85,000
Mar 3, 2016
Source: Agent Provided
Listed For Sale
$73,000
Jan 30, 2004
Source: N/A
Sold
$190,000
Aug 20, 1996
Source: N/A
Sold
$124,500

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 7429 W 56th Pl

  • What is 7429 W 56th Pl estimated to be worth?
    Trulia's estimated value for 7429 W 56th Pl in Summit, IL is $315,000.
  • What is the price history for 7429 W 56th Pl?
    7429 W 56th Pl in Summit, IL last sold for $85,000 in May 2016.
  • 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.
  • How big is the lot at 7429 W 56th Pl?
    The lot at 7429 W 56th Pl in Summit, IL is about 0.17 acres (7,440 sq ft).
  • Does 7429 W 56th Pl have a garage?
    Yes, 7429 W 56th Pl in Summit, IL has a garage.

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