7226 58th St
Summit, IL 60501
3 bd 2 ba 1,217 sqft Built 1961 Lot 5,040 sqft single_family
Most recent sale
$247,500
Nov 22, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 22, 2023 | Sold | $247,500 | MRED |
| Oct 13, 2023 | Listed | $258,761 | MRED |
| Oct 12, 2023 | Listing removed | $264,725 | MRED |
| Aug 4, 2023 | Listed | $264,725 | MRED |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $21,375 | $3,625 | $25,000 | $6,668 |
| 2022 | $10,995 | $3,125 | $14,120 | $3,140 |
| 2021 | $10,995 | $3,125 | $14,120 | $3,131 |
| 2020 | $10,995 | $3,125 | $14,120 | $3,402 |
| 2019 | $14,579 | $2,875 | $17,454 | $4,147 |
| 2018 | $14,579 | $2,875 | $17,454 | $4,018 |
| 2017 | $14,579 | $2,875 | $17,454 | $3,942 |
| 2016 | $14,104 | $2,500 | $16,604 | $5,819 |
| 2015 | $14,104 | $2,500 | $16,604 | $5,541 |
| 2014 | $14,104 | $2,500 | $16,604 | $5,465 |
| 2013 | $14,809 | $2,500 | $17,309 | $5,149 |
| 2012 | $14,809 | $2,500 | $17,309 | $5,218 |
| 2011 | $14,809 | $2,500 | $17,309 | $4,823 |
| 2010 | $19,363 | $2,500 | $21,863 | $3,860 |
| 2009 | $19,363 | $2,500 | $21,863 | $3,689 |
| 2007 | $12,914 | $3,600 | $16,514 | $4,632 |
| 2006 | $12,914 | $3,600 | $16,514 | $4,543 |
Property facts
Year built
1961
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,217 sqft
Lot size
5,040 sqft
ZIP code
60501
City
Summit
Street
58th St
Coordinates
41.78666, -87.80239
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,191
Gross rental yield
10.62%
Implied cap rate
6.90%
Trend-extrapolated value
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Frequently asked questions
When did 7226 58th St last sell?
7226 58th St most recently sold on Nov 22, 2023 for $247,500.
What is the current tax assessment for 7226 58th St?
The most recent total assessment for 7226 58th St (year 2023) is $25,000 with $6,668 in property tax.
How does 7226 58th St's assessment compare to its last sale price?
The current assessment is 89.9% below the last sale price of $247,500.
When was 7226 58th St built?
7226 58th St was built in 1961.
How does 7226 58th St compare to others on 58th St?
We track 7 other properties on 58th St. Browse the list under "Other properties on 58th St" to compare beds, baths, and sale history.
What are the property facts for 7226 58th St?
7226 58th St is a 3 bed, 2 bath, 1,217 sqft, 5,040 sqft lot single_family.
Is 7226 58th St a flip candidate?
No — 7226 58th St does not appear in our flips dataset.
Is 7226 58th St a tax-appeal candidate?
No — 7226 58th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+7.8%
Implied 1-yr
+31.2%
2026 Q3
$537.3K
2026 Q4
$565.1K
ZIP 60501 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 58th St