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 22 single family homes with an average list price of $197,541, 10 condos/townhomes with an average list price of $142,870, and 15 multi-unit homes with an average list price of $251,032. The average annual property tax for Summit is $4,675.
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 | ||
|---|---|---|---|---|---|---|---|---|---|
|
Jul 2, 2019 | 7529 W. Douglas Ave. | 5 | 2 | — | 2 | 1993 | $250,750 | |
|
Jun 18, 2019 | 7356 W. 56th Pl. | 4 | 3 | 1,600 ft2 | 2 | 1950 | $227,000 | |
|
Jun 17, 2019 | 7719 W. 61st Pl. | 3 | 1 | 1,100 ft2 | 0 | 1956 | $76,500 | |
|
Jun 3, 2019 | 7504 W. Douglas Ave. | 6 | — | — | 3 | 2000 | $295,000 | |
|
Jun 3, 2019 | 7245 W. 58th St. | 3 | 2 | — | 2.5 | 1903 | $155,000 | |
|
May 31, 2019 | 7528 W. 61st Pl. | 4 | 1.1 | 1,034 ft2 | 0 | 1936 | $145,000 | |
|
May 24, 2019 | 7443 W. 64th St. | 9 | — | — | 0 | 1960 | $235,000 | |
|
May 1, 2019 | 5443 S. Hunt Ave. | 2 | 1 | 844 ft2 | 0 | $115,000 | ||
|
Apr 23, 2019 | 7416 W. 56th St. | 5 | 3 | 2,333 ft2 | 2 | 1957 | $264,000 | |
|
Apr 1, 2019 | 7227 W. 61st Pl. | 8 | 2 | — | 2 | 1930 | $168,000 |
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 June decreased in volume by 40% when compared to last year, while the median sale price decreased by 3.1% from $160,000 to $155,000. The number of Single Family homes sales decreased by 40%, while the median sale price decreased by 3.1% from $160,000 to $155,000.
|
48
|
46
|
55
|
55
|
| 2015 | 2016 | 2017 | 2018 |
| # of sales per year | |||
|
$106,500
|
$137,875
|
$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 June in
| June | Year to Date (Jan 1 - July 19) | |||||
|---|---|---|---|---|---|---|
| 2018 | 2019 | % Change | 2018 | 2019 | % Change | |
| Homes Sold | 5 | 3 | -40% | 31 | 17 | -45.2% |
| (Single Family) | 5 | 3 | -40% | 26 | 17 | -34.6% |
| (Condos/Townhomes) | 0 | 0 | - | 5 | 0 | - |
| Median Sale Price | $160,000 | $155,000 | -3.1% | $160,000 | $168,000 | +5% |
| (Single Family) | $160,000 | $155,000 | -3.1% | $167,450 | $168,000 | +0.3% |
| (Condos/Townhomes) | $0 | $0 | - | $156,000 | $0 | - |
| Days on Market | 29 | 34 | +17.2% | 22 | 12 | -45.5% |
| (Single Family) | 29 | 34 | +17.2% | 17 | 12 | -29.4% |
| (Condos/Townhomes) | 0 | 0 | - | 98 | 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 |
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