
7652 W 63rd Place Summit Argo, IL 60501
Estimated payment $2,074/month
Highlights
- Hot Property
- Formal Dining Room
- Laundry Room
- Argo Community High School Rated A-
- Living Room
- Family Room
About This Home
**Rare Opportunity in Summit Argo - Multi-Unit Raised Ranch with Endless Potential!** Bring your vision and unlock the possibilities with this one-of-a-kind raised ranch featuring a flexible floor plan and serious upside! The main level offers 3 bedrooms and 1 bath, while the basement includes TWO 1-bedroom, 1-bath accessory dwelling units (ADUs)-each with private access and individual charm. Whether you're house-hacking, accommodating extended family, or building your investment portfolio, this setup checks all the boxes. Yes, the entire property is ready for a full transformation-but that's exactly where the opportunity lies- with a clean slate and solid layout! You'll have the chance to incorporate your ideas or rental specs. From kitchens to baths and everything in between, this is your moment to add value and create a standout property in a rapidly appreciating area. **Key Features: 3 bed/1 bath main home + two 1 bed/1 bath basement units, separate entrances for ADUs - perfect for privacy or rental, intimate yard and 2 car garage. Situated minutes from Summit Park, local schools, Archer Ave, I-55, Metra, and more! **Investors, rehabbers, and creative homeowners**-this is your chance to bring new life to a property with massive potential. Opportunities like this don't come around often. **Schedule your showing today and reimagine what this Summit gem can become!**
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,267
Year Built
- Built in 1961
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 25x125
Parking
- 2 Car Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,292 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Formal Dining Room
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Schools
- Argo Community High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $5,267 | $21,000 | $2,266 | $18,734 |
2023 | $4,048 | $21,000 | $2,266 | $18,734 |
2022 | $4,048 | $15,540 | $1,953 | $13,587 |
2021 | $1,949 | $15,540 | $1,953 | $13,587 |
2020 | $1,858 | $15,540 | $1,953 | $13,587 |
2019 | $2,197 | $17,531 | $1,796 | $15,735 |
2018 | $2,128 | $17,531 | $1,796 | $15,735 |
2017 | $2,088 | $17,531 | $1,796 | $15,735 |
2016 | $3,359 | $16,076 | $1,562 | $14,514 |
2015 | $3,419 | $16,076 | $1,562 | $14,514 |
2014 | $3,277 | $16,076 | $1,562 | $14,514 |
2013 | $3,012 | $15,330 | $1,562 | $13,768 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/25/2025 07/25/25 | For Sale | $300,000 | -- | $232 / Sq Ft |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $412,800 | Reverse Mortgage Home Equity Conversion Mortgage | |
Closed | $138,040 | FHA |
About the Listing Agent

Chicago-born and real estate-obsessed, I’ve spent 21+ years mastering the art of residential sales, specializing in REO and non-REO assets—especially reverse mortgage REOs. As the Managing Broker of Trademarks & Associates, LLC, I lead with expertise, earning top industry accolades, including Diamond Awards and a spot in the top 1% of realtors. At Trademarks and Associates, we do more than sell properties—we provide hands-on, personalized service, ensuring every asset shines. From REO
Tamika's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12430898

APN: 18-24-102-042-0000
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