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7341 58th St

Summit, IL 60501

3 bd 2 ba 1,431 sqft Built 1928 Lot 7,405 sqft single_family
Most recent sale
$270,000
Dec 1, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 1, 2023 Sold $270,000 MRED
Oct 21, 2023 Listed $285,000 MRED
Dec 11, 2006 Sold $230,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $17,785 $5,214 $22,999 $5,967
2022 $10,696 $4,495 $15,191 $3,897
2021 $10,696 $4,495 $15,191 $4,979
2020 $10,696 $4,495 $15,191 $5,196
2019 $11,603 $4,135 $15,738 $5,658
2018 $11,603 $4,135 $15,738 $5,469
2017 $11,603 $4,135 $15,738 $5,488
2016 $9,817 $3,596 $13,413 $5,155
2015 $9,817 $3,596 $13,413 $4,938
2014 $9,817 $3,596 $13,413 $4,857
2013 $10,446 $3,596 $14,042 $4,590
2012 $10,446 $3,596 $14,042 $4,834
2011 $10,446 $3,596 $14,042 $4,659
2010 $17,530 $3,596 $21,126 $6,655
2009 $17,989 $3,596 $21,585 $5,960
2007 $13,329 $5,178 $18,507 $5,258
2006 $13,329 $5,178 $18,507 $3,592

Property facts

Year built
1928
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,431 sqft
Lot size
7,405 sqft
ZIP code
60501
City
Summit
Street
58th St
Coordinates
41.78606, -87.80556

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,576
Gross rental yield
11.45%
Implied cap rate
7.44%
Trend-extrapolated value

Frequently asked questions

When did 7341 58th St last sell?
7341 58th St most recently sold on Dec 1, 2023 for $270,000.
What is the current tax assessment for 7341 58th St?
The most recent total assessment for 7341 58th St (year 2023) is $22,999 with $5,967 in property tax.
How does 7341 58th St's assessment compare to its last sale price?
The current assessment is 91.5% below the last sale price of $270,000.
When was 7341 58th St built?
7341 58th St was built in 1928.
How does 7341 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 7341 58th St?
7341 58th St is a 3 bed, 2 bath, 1,431 sqft, 7,405 sqft lot single_family.
Is 7341 58th St a flip candidate?
No — 7341 58th St does not appear in our flips dataset.
Is 7341 58th St a tax-appeal candidate?
No — 7341 58th St 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

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