7436 W 55th Pl, Summit, IL 60501
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Property image
OFF MARKET

7436 W 55th Pl
Summit, IL 60501

  • 2 Beds
  • 1 Bath
  • 1,094 sqft

$241,200

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $1,706/mo*
Refinance Your Home

$241,200

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $1,706/mo*
Refinance Your Home
2 Beds
1 Bath
1,094 sqft

Home Value

Trulia Estimate
$241K
Since last month
Increased$9K (+3.8%)
Since last year
Increased$8K (+3.2%)
Since last sale
Increased$187K (+323.1%)
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 +79% in the last 10 years
MonthEstimated value
2026
August 2026$245K
July 2026$235K
June 2026$237K
May 2026$245K
April 2026$242K
March 2026$233K
February 2026$229K
January 2026$223K
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
7324 W 56th St, Summit, IL
0.17
Single-Family Home
$220,000
06/02/26
3
1
960
7436 W 58th St, Summit, IL
0.31
Single-Family Home
$242,500
05/26/26
3
1
1,068
7546 W Hanover St, Summit, IL
0.25
Single-Family Home
$240,000
11/26/25
3
1
1,178
5612 S Nottingham Ave, Chicago, IL
0.46
Single-Family Home
$278,000
09/26/25
3
1
988
5350 S 73rd Ave, Summit, IL
0.31
Single-Family Home
$225,000
03/30/26
3
2
1,180
5347 S 73rd Ave, Summit, IL
0.34
Single-Family Home
$105,000
12/09/25
3
2
1,445
7014 W Archer Ave, Chicago, IL
0.58
Single-Family Home
$68,000
08/13/25
2
1
408
7515 W Douglas Ave, Summit, IL
0.14
Single-Family Home
$289,900
07/21/26
4
1.5
1,800
7211 W 58th Pl, Summit, IL
0.50
Single-Family Home
$286,000
05/07/26
2
1
914
5726 S Neva Ave, Chicago, IL
0.46
Single-Family Home
$330,000
05/27/26
3
1
1,054

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
5441 S Hunt Ave, Summit, IL 60501
0.12
$379,000
4
3
1,150
For Sale
7540 Heritage Ct, Summit, IL 60501
0.12
$259,800
2
1.5
-
Off Market
5440 S Hunt Ave, Summit, IL 60501
0.13
$372,000
4
2
-
Off Market
7440 W 56th Pl, Summit, IL 60501
0.12
$428,800
4
2
3,030
Off Market
7552 Heritage Ct #7552, Summit Argo, IL 60501
0.13
$275,300
2
2.5
-
Off Market
7349 W Archer Ave, Summit Argo, IL 60501
0.14
$460,400
7
3
-
Off Market
5612 S 74th Ave, Summit, IL 60501
0.14
$283,400
2
1
988
Off Market
7558 Heritage Ct, Summit, IL 60501
0.13
$277,000
2
1.5
1,608
Recently Sold
7515 W Douglas Ave, Summit, IL 60501
0.14
$289,900
4
1.5
1,800
Recently Sold
5436 S 74th Ave, Summit, IL 60501
0.15
$319,100
3
2
1,257
Off Market
5441 S 74th Ave, Summit, IL 60501
0.15
$449,900
4
3
-
For Sale
7441 W 56th Pl, Summit, IL 60501
0.15
$349,300
5
2
1,622
Off Market

Local Information

  • Map ViewExplore the area around 7436 W 55th Pl.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1908
Living Area
1,094 sqft
Price/Sqft
$220
Parking
Garage

About this House

FORECLOSED VINTAGE 2BDR/1 BTH BUNGALOW W/FULL ATTIC & FULL BASEMENT OPEN TO OPPORTUNITY!! SIDE DRIVE 2 CAR GARAGE, JUST NEED SOME DECORATING! PROPERTY SUBJECT TO FREDDIE MAC FIRST LOOK PROGRAM UNTIL 07/13/2012 SOLD AS IS WILL NEED FHA 203K OR CASH
7436 W 55th Pl, Summit, IL 60501 is a 2 bedroom, 1 bathroom, 1,094 sqft single-family home built in 1908. It last sold for $58,000 on Sep 24, 2012. It is currently off market. The Trulia Estimate is $241,200, with a rent estimate of $1,809/month.

Home Details for 7436 W 55th Pl

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1.5
Interior Details
Number of Rooms: 6

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Wood
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1908
Property Type / Style
Property Type: Single Family HomeArchitecture: Bungalow

Community

Units in Building: 1

Lot Information

Lot Area: 6198 sqft

Price and Tax history

DateEventPrice
Sep 24, 2012
Source: MRED as distributed by MLS GRID #08103441
Sold
$58,000
Jun 30, 2012
Source: Agent Provided
Listed For Sale
$59,900
Dec 3, 2011
Source: Agent Provided
ListingRemoved
$120,000
Dec 5, 2010
Source: Agent Provided
Listed For Sale
$120,000
Jul 24, 2002
Source: N/A
Sold
$37,500

Market trends in Summit

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
14
2MoM
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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

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Apartments for Rent

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Homes for sale near 7436 W 55th Pl

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Off Market Homes Near 7436 W 55th Pl

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Frequently asked questions about 7436 W 55th Pl

  • What is 7436 W 55th Pl estimated to be worth?
    Trulia's estimated value for 7436 W 55th Pl in Summit, IL is $241,200.
  • What is the price history for 7436 W 55th Pl?
    7436 W 55th Pl in Summit, IL last sold for $58,000 in September 2012.
  • 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 7436 W 55th Pl?
    The lot at 7436 W 55th Pl in Summit, IL is about 0.14 acres (6,199 sq ft).
  • Does 7436 W 55th Pl have a garage?
    Yes, 7436 W 55th Pl in Summit, IL has a garage.