7240 62nd Pl
Summit, IL 60501
4 bd 2 ba 1,267 sqft Built 1990 Lot 3,751 sqft single_family
Most recent sale
$300,000
Sep 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 16, 2022 | Sold | $300,000 | MLS #11459715 |
| Jul 9, 2022 | Listed | $302,500 | MLS #11459715 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $23,281 | $2,718 | $25,999 | $9,109 |
| 2022 | $12,366 | $2,343 | $14,709 | $3,689 |
| 2021 | $12,366 | $2,343 | $14,709 | $3,658 |
| 2020 | $13,616 | $2,343 | $15,959 | $5,526 |
| 2019 | $14,913 | $2,156 | $17,069 | $6,271 |
| 2018 | $14,913 | $2,156 | $17,069 | $6,062 |
| 2017 | $14,913 | $2,156 | $17,069 | $6,080 |
| 2016 | $15,204 | $1,875 | $17,079 | $6,887 |
| 2015 | $15,204 | $1,875 | $17,079 | $6,616 |
| 2014 | $15,204 | $1,875 | $17,079 | $6,500 |
| 2013 | $12,860 | $1,875 | $14,735 | $4,869 |
| 2012 | $12,860 | $1,875 | $14,735 | $5,125 |
| 2011 | $16,155 | $1,875 | $18,030 | $6,206 |
| 2010 | $21,449 | $1,875 | $23,324 | $6,032 |
| 2009 | $21,449 | $1,875 | $23,324 | $5,387 |
| 2008 | $22,080 | $3,000 | $25,080 | $5,267 |
| 2007 | $15,512 | $2,700 | $18,212 | $5,166 |
| 2006 | $15,512 | $2,700 | $18,212 | $5,075 |
Property facts
Year built
1990
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,267 sqft
Lot size
3,751 sqft
ZIP code
60501
City
Summit
Street
62nd Pl
Coordinates
41.77842, -87.80307
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,281
Gross rental yield
9.12%
Implied cap rate
5.93%
Trend-extrapolated value
—
Frequently asked questions
When did 7240 62nd Pl last sell?
7240 62nd Pl most recently sold on Sep 16, 2022 for $300,000.
What is the current tax assessment for 7240 62nd Pl?
The most recent total assessment for 7240 62nd Pl (year 2023) is $25,999 with $9,109 in property tax.
How does 7240 62nd Pl's assessment compare to its last sale price?
The current assessment is 91.3% below the last sale price of $300,000.
When was 7240 62nd Pl built?
7240 62nd Pl was built in 1990.
How does 7240 62nd Pl compare to others on 62nd Pl?
We track 8 other properties on 62nd Pl. Browse the list under "Other properties on 62nd Pl" to compare beds, baths, and sale history.
What are the property facts for 7240 62nd Pl?
7240 62nd Pl is a 4 bed, 2 bath, 1,267 sqft, 3,751 sqft lot single_family.
Is 7240 62nd Pl a flip candidate?
No — 7240 62nd Pl does not appear in our flips dataset.
Is 7240 62nd Pl a tax-appeal candidate?
No — 7240 62nd Pl is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.6%
Implied 1-yr
+26.6%
2026 Q3
$547.8K
2026 Q4
$573.2K
ZIP 60501 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 62nd Pl