Single-Family
Condos &
Multi-Unit
Lots /
Short
ForeclosuresThe 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 14 single family homes with an average list price of $195,000, 7 condos/townhomes with an average list price of $146,556, and 5 multi-unit homes with an average list price of $191,640. The average annual property tax for Summit is $4,689.
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 | ||
|---|---|---|---|---|---|---|---|---|---|
|
Feb 15, 2019 | 7420 W. 58th St. | 3 | 2 | 1,200 ft2 | 2 | 1999 | $233,000 | |
|
Feb 14, 2019 | 7437 W. 56th St. | 4 + 2* | 3 | 2,700 ft2 | 1 | 1909 | $255,000 | |
|
Feb 11, 2019 | 6040 S. 76th Ave. | 6 | 2 | — | 2 | 1961 | $255,000 | |
|
Feb 8, 2019 | 7214 W. 60th Pl. | — | — | 1,288 ft2 | 2 | $27,500 | ||
|
Feb 8, 2019 | 7612 W. 61st Pl. | 3 | 2 | 1,000 ft2 | 0 | 1947 | $63,000 | |
|
Feb 6, 2019 | 7616 W. 61st St. | 3 | 1 | 950 ft2 | 2 | 1924 | $120,000 | |
|
Jan 22, 2019 | 7334 W. 57th St. | 3 | 2 | 1,024 ft2 | 1.5 | 1950 | $200,000 | |
|
Jan 10, 2019 | 7318-20 W. 60 Pl. | 8 | 4 | — | 1 | 1919 | $200,000 | |
|
Dec 28, 2018 | 7514 W. 62nd St. | 5 | — | — | 2 | 1915 | $179,000 | |
|
Nov 27, 2018 | 7333 W. 61st Pl. | 3 + 2* | 3 | 1,445 ft2 | 2 | 2007 | $146,900 |
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 January decreased in volume by 66.7% when compared to last year, while the median sale price rose by 17.7% from $169,900 to $200,000. The number of Single Family homes sales decreased by 50%, while the median sale price rose by 16.3% from $171,950 to $200,000.
|
50
|
47
|
55
|
56
|
| 2015 | 2016 | 2017 | 2018 |
| # of sales per year | |||
|
$110,450
|
$137,750
|
$155,500
|
$160,000
|
| 2015 | 2016 | 2017 | 2018 |
| median sale price per year | |||
Median Sale Price for
Loading chart...
Number of Sales for
Loading chart...
Real Estate Sales for January in
| January | Year to Date (Jan 1 - February 19) | |||||
|---|---|---|---|---|---|---|
| 2018 | 2019 | % Change | 2018 | 2019 | % Change | |
| Homes Sold | 3 | 1 | -66.7% | 5 | 5 | 0% |
| (Single Family) | 2 | 1 | -50% | 4 | 5 | +25% |
| (Condos/Townhomes) | 1 | 0 | - | 1 | 0 | - |
| Median Sale Price | $169,900 | $200,000 | +17.7% | $160,000 | $200,000 | +25% |
| (Single Family) | $171,950 | $200,000 | +16.3% | $164,950 | $200,000 | +21.2% |
| (Condos/Townhomes) | $156,000 | $0 | - | $156,000 | $0 | - |
| Days on Market | 5 | 6 | +20% | 7 | 6 | -14.3% |
| (Single Family) | 35 | 6 | -82.6% | 7 | 6 | -14.3% |
| (Condos/Townhomes) | 3 | 0 | - | 3 | 0 | - |
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 |
Neither RE/MAX nor HomesByMarco nor its service providers are liable for errors or inaccuracies in the information provided.
Copyright © HomesByMarco. All Rights Reserved. RE/MAX Suburban Independently Owned and Operated
1344 S. Milwaukee Ave, Libertyville, IL 60048
OTHER OFFICES
Arlington Heights • Buffalo Grove • Glen Ellyn • Mt. Prospect • Schaumburg (North) • Schaumburg (West) • Wheaton
|