Single-Family
Condos &
Multi-Unit
Lots /
Short
ForeclosureThe HomesByMarco team are experts. If you're looking to buy or sell a home, give us a call today at 888-32-MARCO.
Summit, Illinois, Real Estate
Summit currently has 21 single family homes with an average list price of $183,014, 13 condos/townhomes with an average list price of $149,492, and 13 multi-unit homes with an average list price of $245,483. The average annual property tax for Summit is $4,711.
Current Homes for Sale
NewConstruction 0 no homes |
AdultCommunities 0 no homes |
Schools
| School | District | Grade Level | Grades |
|---|---|---|---|
| Otis P Graves Elementary School | 104 | Elementary | P-4 |
| Walsh Elementary School | 104 | Elementary | P-4 |
| Heritage Middle School | 104 | Middle | 6-8 |
| Argo Community High School | 217 | High | 9-12 |
What's Hot & What Not
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Summit, i.e. what's hot and what's not.
See What's Hot & What's Not in SummitSubdivisions
| Subdivisions | Median Price | |
|---|---|---|
|
Argo |
$110,000 |
|
|
North Summit |
Metra Stations
| Station | Line | Address | ||
|---|---|---|---|---|
| Summit | Heritage Corridor (HC) | Center St. & Hanover Ave. | View commute |
Recent Sales
| Date | Address | Beds | Baths | Sq. Ft. | Year | Subdivision | Sold | ||
|---|---|---|---|---|---|---|---|---|---|
|
Oct 15, 2019 | 7324 W. 58th St. | 3 | 2 | 1,056 ft2 | 2 | 1977 | $190,000 | |
|
Oct 11, 2019 | 6074 S. 75th Ave. | 3 | 1 | 800 ft2 | 2 | 1918 | $52,000 | |
|
Oct 7, 2019 | 7204 W. 62nd Pl. | 3 | 1 | 1,128 ft2 | 2.5 | 1958 | $187,900 | |
|
Oct 3, 2019 | 7505 W. 58th Pl. | 7 | 3 | — | 2 | 1919 | $207,000 | |
|
Sep 30, 2019 | 5532 S. 74th Ave. | 2 | 1 | 3,125 ft2 | 0 | 1928 | $31,000 | |
|
Sep 26, 2019 | 7421 W. 64th St. | 3 | 1.5 | 1,434 ft2 | 3 | 1951 | $90,000 | |
|
Sep 3, 2019 | 5308 S. 74th Ave. | 3 | 2 | 1,702 ft2 | 2 | 1974 | $210,000 | |
|
Aug 30, 2019 | 5421 S. 74th Ave. | 3 | 2 | 1,100 ft2 | 0 | 1899 | $169,900 | |
|
Aug 27, 2019 | 7326 W. 62nd St. | 3 + 1* | 2 | 1,860 ft2 | 2 | 1962 | $224,000 | |
|
Aug 22, 2019 | 5308 S. 73rd Ave. | 7 | — | — | 0 | 1964 | $283,000 |
We helped over 300 families buy and sell homes last year.
The HomesByMarco team are experts. If you're looking to buy or sell a home, give us a call today at 888-32-MARCO.
The HomesByMarco team are experts. If you're looking to buy or sell a home, give us a call today at 888-32-MARCO.
Market Trends
Summit home sales for the month of September decreased in volume by 25% when compared to last year, while the median sale price decreased by 43.6% from $159,500 to $90,000. The number of Single Family homes sales stayed the same, while the median sale price decreased by 44.8% from $163,000 to $90,000.
|
48
|
44
|
55
|
55
|
| 2015 | 2016 | 2017 | 2018 |
| # of sales per year | |||
|
$106,500
|
$138,500
|
$155,500
|
$160,000
|
| 2015 | 2016 | 2017 | 2018 |
| median sale price per year | |||
Median Sale Price for
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Number of Sales for
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Real Estate Sales for September in
| September | Year to Date (Jan 1 - October 23) | |||||
|---|---|---|---|---|---|---|
| 2018 | 2019 | % Change | 2018 | 2019 | % Change | |
| Homes Sold | 4 | 3 | -25% | 31 | 33 | +6.5% |
| (Single Family) | 3 | 3 | 0% | 26 | 32 | +23.1% |
| (Condos/Townhomes) | 1 | 0 | - | 5 | 1 | -80% |
| Median Sale Price | $159,500 | $90,000 | -43.6% | $163,000 | $171,500 | +5.2% |
| (Single Family) | $163,000 | $90,000 | -44.8% | $176,850 | $175,750 | -0.6% |
| (Condos/Townhomes) | $156,000 | $0 | - | $156,000 | $90,000 | -42.3% |
| Days on Market | 35 | 34 | -1.4% | 29 | 15 | -48.3% |
| (Single Family) | 27 | 34 | +25.9% | 19 | 17 | -10.8% |
| (Condos/Townhomes) | 285 | 0 | - | 285 | 6 | -97.9% |
Nearby Parks
| Park | Amenities | |
|---|---|---|
|
Hanover Park West Hanover Street and South Hunt Avenue |
Basketball Courts Playground |
|
|
Summit Park Bulldog Drive and South Archer Road |
Baseball Diamonds Basketball Courts Biking Paths Hiking Paths Playground Soccer Fields Softball Fields Tennis Courts Volleyball Courts |
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