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7424 W 57th Place, Summit, IL 60501

Cook County

Key Facts

5Beds
2Baths
1,236Sq Ft
1926Year Built
2Garage

Description

Exceptional, fully renovated home located in the quiet and highly desirable community of Summit. Every detail of this property has been thoughtfully updated with quality craftsmanship and premium finishes. All renovations were completed in full compliance with city codes, approved permits, plans, and inspections, providing confidence, safety, and long-term value. Designed with both comfort and functionality in mind, the home features a spacious open-concept living and dining area that creates a bright, welcoming atmosphere perfect for everyday living and entertaining. Offering 5 generously sized bedrooms with closets, plus the flexibility of a potential 6th bedroom or additional family room, this home provides plenty of space to accommodate a variety of lifestyles. The stunning modern kitchen serves as the heart of the home, showcasing custom new cabinetry, brand-new stainless steel appliances, elegant stone countertops, and a large center island ideal for cooking, dining, and gathering with family and friends. Extensive improvements include a completely new plumbing system, updated electrical system, new flooring throughout the entire home, and abundant natural light complemented by recessed lighting. The home's structure has been reinforced with new steel support columns built to city standards, while the front porch and entry stair area have been beautifully renovated to enhance both curb appeal and durability. The property also features a detached 2-car garage and is ideally situated in a peaceful residential neighborhood with convenient access to schools, parks, shopping, restaurants, major highways, and public transportation. This is a truly move-in-ready home where quality construction, modern design, and exceptional attention to detail come together to create an outstanding opportunity for its next owner.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Year Built

1926

Living Area

1,236 sq ft

Lot Dimensions

30x124

Garage Spaces

2

Parking Spaces

2

Ownership

Fee Simple

Days on Market

7

MLS® Listing#

12704435

Property Features

Cooling

None

Heating

Baseboard

Basement

UnfinishedFull

Parking

DetachedGarage

Construction

Frame

Sewer

Public Sewer

Water Source

Public

Rooms

  • Bedroom 211X12Second
  • Bedroom 311X12Main
  • Bedroom 411X12Main
  • Bedroom 511X12Second
  • Dining Room
  • Family Room
  • Kitchen8X12Main
  • Laundry
  • Living Room
  • Master Bedroom12X14Second

Schools

High:
Argo Community High School
District:
Argo Community High School

Financial Details

Annual Taxes

$5,846

Tax year 2023

Parcel Number

18132160320000

Directions

Take Harlem Ave to 57th Street. Turn west onto 57th Street and continue to 57th Place. Turn onto 57th Place. The home will be on the south side of the street.

Affordability Calculator

$83,800

Estimated monthly payment

$2,230/mo

Principal $335,200 · Est. interest $467,634 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Summit, IL

$333,333
Median Listing Price
20
Median Days on Market
1,236
Median Sq Ft
$220
Median Price / Sq Ft
12
Active Listings
  • This home’s price is 26% above the area median.
  • Its price per sq ft is 54% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Summit, IL.

Location

Map showing the location of 7424 W 57th Place, Summit, IL 60501

Points of Interest in Summit, IL

Showing the Summit area map.

Nearby Schools

  • Walsh Elementary School

    Elementary · 0.1 mi away

  • Peckwas Preparatory Academy

    School · 0.3 mi away

  • Heritage Middle School

    Secondary · 0.3 mi away

  • Otis P Graves Elementary School

    Elementary · 0.3 mi away

  • Argo Community High School

    Secondary · 0.8 mi away

  • Wharton Elementary School

    Elementary · 0.9 mi away

  • Chicago Public Schools

    Elementary · 1.0 mi away

  • John C. Dore Elementary School

    Elementary · 1.0 mi away

  • St. Daniel the Prophet School

    Secondary · 1.1 mi away

  • W W Walker Elementary School

    Elementary · 1.2 mi away

  • John H. Kinzie Elementary School

    Secondary · 1.5 mi away

  • Hale Elementary School

    Elementary · 1.6 mi away

  • Robinson School

    Elementary · 1.6 mi away

  • Costello Elementary School

    Elementary · 1.7 mi away

  • Home Elementary School

    Elementary · 1.7 mi away

  • St Symphorosa School

    Secondary · 1.9 mi away

  • George Washington Middle School

    Secondary · 2.3 mi away

  • Gloria dei Lutheran Church

    School · 2.3 mi away

  • Edison Elementary School

    Elementary · 2.3 mi away

  • Robina Lyle Elementary School

    Elementary · 2.3 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
5441 S 74th Avenue, Summit, IL$449,90063
7610 W 60th Place, Summit, IL$519,000432,500

Moving Cost Estimate

EXIT Agents in Summit

Midwest Real Estate Data logo

Listing Courtesy: HomeSmart Connect LLC - 8474955000

Based on information submitted to the MLS GRID as of 2026-07-14. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2026-07-14

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Mainstreet Organization of Realtors. MLS® Listing#12704435. © 2026EXIT Realty®. All rights reserved.