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7440 57th Pl

Summit, IL 60501

2 bd 2 ba 953 sqft Built 1927 Lot 3,703 sqft single_family
Most recent sale
$229,900
Apr 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 8, 2022 Sold $229,900 MLS #11335331
Mar 1, 2022 Listed $229,900 MLS #11335331
Feb 24, 2003 Sold $153,000 Public Record
Mar 22, 2002 Sold $114,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $17,303 $2,697 $20,000 $7,007
2022 $6,922 $2,325 $9,247 $1,333
2021 $6,922 $2,325 $9,247 $1,085
2020 $6,922 $2,325 $9,247 $1,307
2019 $11,063 $2,139 $13,202 $2,023
2018 $11,063 $2,139 $13,202 $1,960
2017 $11,063 $2,139 $13,202 $1,923
2016 $9,696 $1,860 $11,556 $591
2015 $9,696 $1,860 $11,556 $602
2014 $9,696 $1,860 $11,556 $577
2013 $11,274 $1,860 $13,134 $530
2012 $11,274 $1,860 $13,134 $524
2011 $11,274 $1,860 $13,134 $719
2010 $14,076 $1,860 $15,936 $575
2009 $17,166 $1,860 $19,026 $3,804
2008 $17,481 $2,976 $20,457 $3,339
2007 $12,803 $2,678 $15,481 $3,299
2006 $12,803 $2,678 $15,481 $3,217

Property facts

Year built
1927
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
953 sqft
Lot size
3,703 sqft
ZIP code
60501
City
Summit
Street
57th Pl
Coordinates
41.78743, -87.80807

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,715
Gross rental yield
8.95%
Implied cap rate
5.82%
Trend-extrapolated value

Frequently asked questions

When did 7440 57th Pl last sell?
7440 57th Pl most recently sold on Apr 8, 2022 for $229,900.
What is the current tax assessment for 7440 57th Pl?
The most recent total assessment for 7440 57th Pl (year 2023) is $20,000 with $7,007 in property tax.
How does 7440 57th Pl's assessment compare to its last sale price?
The current assessment is 91.3% below the last sale price of $229,900.
When was 7440 57th Pl built?
7440 57th Pl was built in 1927.
How does 7440 57th Pl compare to others on 57th Pl?
We track 2 other properties on 57th Pl. Browse the list under "Other properties on 57th Pl" to compare beds, baths, and sale history.
What are the property facts for 7440 57th Pl?
7440 57th Pl is a 2 bed, 2 bath, 953 sqft, 3,703 sqft lot single_family.
Is 7440 57th Pl a flip candidate?
No — 7440 57th Pl does not appear in our flips dataset.
Is 7440 57th Pl a tax-appeal candidate?
No — 7440 57th Pl is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+7.8%
Implied 1-yr
+31.2%
2026 Q3
$537.3K
2026 Q4
$565.1K
ZIP 60501 — Median Price History + Forecast

Explore nearby

Other properties on 57th Pl