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7416 W 63rd Place, Summit, IL 60501

$239,900
  • 7416 W 63rd Place, Summit, IL 60501 Main Photo

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Active
BEDS3 BATHS1 full 1 partial SQUARE FEET1,200 MLS#12609827
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLDistrict 217

Property 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 new roof, new windows, a new 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, 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. This is a drive-by only opportunity with a site-unseen contract required. Please do not disturb or interfere with the tenant under any circumstances. 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.

7416 W 63rd Place | MLS# 12609827

This single family home located at 7416 W 63rd Place, Summit, IL 60501 is currently listed for sale with an asking price of $239,900. This property was built in 1961 and has 3 bedrooms and 1 full and 1 partial baths with 1200 sq. ft. W 63rd Place is located within the District 217 school district. Search Summit real estate on mkoch.gogambino.com today.

Property Features

Property Type: Residential - Single Family
Basement: Unfinished, Full
Basement: Yes
Cooling: None
Heating: Natural Gas, Forced Air
Lot Size: 0.07 Acres
Roof Type: Asphalt
Taxes: $1,839
Year Built: 1961

Feature Descriptions

Additional rooms: No additional rooms
Association Includes: None
Exterior: Brick
Lot Dimensions: 25X125
Parcel#: 18242010410000
Sewer: Public Sewer
Total Rooms: 5
Township: Lyons
Water: Public

Room Sizes

Bedroom 2: 14X12
Bedroom 3: 12X10
Kitchen: 18X10
Living Room: 18X12
Primary Bedroom: 16X14

Local Schools

School District: District 217

Listed By / Shown By

Listed By

Agency Name: RE/MAX 10 Lincoln Park
Agency Phone: 773-348-8500

Shown By

Agent Name: Matt Koch
Agent Phone: Cell: (815) 543-7945
Agency Title: Gambino Realtors

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Estimated Payment

$ 1,312.92 per month $1,089.70 Principal & Interest $153.25 Property Tax $69.97 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/14/2026. The listing information on this page last changed on 04/14/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 04/14/2026 2:39:26 AM EST) or MRED MLS (last updated Tue 04/14/2026 2:04:25 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 04/13/2026 10:15:23 PM EST) or Northern Illinois Commercial Association Realtors (last updated Mon 04/13/2026 2:10:06 PM EST). Real estate listings held by brokerage firms other than Gambino Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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