7439 W 56th Street

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Address: 7439 W 56th St, Summit, IL 60501, USA
Chicago & Midwest + Apartment Buildings
Created date: September 22, 2026
Date last updated: September 28, 2026
Price: $289,000Investment Analyzer NEW!

Property Description

Great opportunity in Summit! Large 2-flat offering spacious units, a full basement with a bathroom, and a large unfinished walk-up attic providing plenty of additional storage and future possibilities. Property also features a fenced yard and concrete alley access. This is an excellent opportunity for an investor, rehabber, or owner-occupant looking to add value. The price reflects the updating and improvements needed throughout the property. Bring your ideas and make this property your own. Property is being sold strictly AS-IS. Seller will not make repairs. Buyer will be responsible for any Village of Summit inspection requirements, repairs, or compliance items. Buyer to perform all due diligence and verify room sizes, property condition, zoning, and permitted uses. Plenty of potential in a solid 2-flat with a full basement, walk-up attic, and generous space throughout. Don't miss this value-add opportunity!

Key Property Information

Listing Status: Under Contract
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $289,000
Year Built: 1908
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 5
Number of Bathrooms: 4
Address: 7439 W 56th Street, Summit, IL 60501, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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