7403 62nd St
Summit, IL 60501
3 bd 2 ba 1,500 sqft Built 1952 Lot 3,751 sqft single_family
Most recent sale
$280,000
Oct 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 21, 2022 | Listing removed | $280,070 | MRED |
| Oct 21, 2022 | Sold | $280,000 | Public Record |
| Oct 19, 2022 | Sold | $280,000 | MLS #11460457 |
| Jul 15, 2022 | Price changed | $280,070 | MLS #11460457 |
| Jul 11, 2022 | Listed | $299,000 | MLS #11460457 |
| Jul 2, 2022 | Listed | $299,000 | MLS #11453367 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $19,281 | $2,718 | $21,999 | $7,707 |
| 2022 | $7,488 | $2,343 | $9,831 | $1,585 |
| 2017 | $12,984 | $2,156 | $15,140 | $346 |
| 2016 | $10,867 | $1,875 | $12,742 | $629 |
| 2015 | $10,867 | $1,875 | $12,742 | $641 |
| 2014 | $10,867 | $1,875 | $12,742 | $614 |
| 2013 | $11,809 | $1,875 | $13,684 | $564 |
| 2012 | $11,809 | $1,875 | $13,684 | $557 |
| 2011 | $11,809 | $1,875 | $13,684 | $748 |
| 2010 | $18,967 | $1,875 | $20,842 | $599 |
| 2009 | $18,967 | $1,875 | $20,842 | $572 |
| 2008 | $19,411 | $3,000 | $22,411 | $651 |
| 2007 | $14,695 | $2,700 | $17,395 | $799 |
| 2006 | $14,695 | $2,700 | $17,395 | $833 |
Property facts
Year built
1952
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,500 sqft
Lot size
3,751 sqft
ZIP code
60501
City
Summit
Street
62nd St
Coordinates
41.77874, -87.80614
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,700
Gross rental yield
11.57%
Implied cap rate
7.52%
Trend-extrapolated value
—
Frequently asked questions
When did 7403 62nd St last sell?
7403 62nd St most recently sold on Oct 21, 2022 for $280,000.
What is the current tax assessment for 7403 62nd St?
The most recent total assessment for 7403 62nd St (year 2023) is $21,999 with $7,707 in property tax.
How does 7403 62nd St's assessment compare to its last sale price?
The current assessment is 92.1% below the last sale price of $280,000.
When was 7403 62nd St built?
7403 62nd St was built in 1952.
How does 7403 62nd St compare to others on 62nd St?
We track 8 other properties on 62nd St. Browse the list under "Other properties on 62nd St" to compare beds, baths, and sale history.
What are the property facts for 7403 62nd St?
7403 62nd St is a 3 bed, 2 bath, 1,500 sqft, 3,751 sqft lot single_family.
Is 7403 62nd St a flip candidate?
No — 7403 62nd St does not appear in our flips dataset.
Is 7403 62nd St a tax-appeal candidate?
No — 7403 62nd 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
+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 St