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5300 S 73rd Court, Summit, IL 60501

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For Sale

$599,808

7 beds

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 1964
    Year built

Explore this Property

Welcome to this turnkey investor property in the heart of Summit! This fully updated 4-unit building offers a fantastic opportunity for both seasoned investors and those looking to enter the rental property market. Each of the four units has been thoughtfully renovated, ensuring modern comfort and style. Three of the units feature two spacious bedrooms and one bathroom, while the fourth unit offers a cozy one-bedroom, one-bathroom layout. What sets this property apart is the meticulous attention to detail in its design, with each unit being completely updated to cater to the needs of today's renters. All four units come with their own dedicated furnace, ensuring that tenants enjoy the perfect temperature year-round, and each has its own coded access, adding an extra layer of security and convenience for both short-term and long-term residents. Currently being used as a successful Airbnb, this property provides the flexibility to either continue as a short-term rental business or be converted into long-term rentals. A coin laundry is available on-site for added tenant convenience. With the property available as fully furnished, it's ready for you to step in and start earning immediately. The potential for revenue is enormous, whether you choose to rent out the units individually or continue to run them as a vacation rental business. This building is conveniently situated close to essential amenities, making it a prime spot for tenants. Investors will appreciate the ease of ownership with minimal upkeep required, and the appeal of a fully furnished, updated property that offers modern amenities, great rental potential, and a strong track record of success. Don't miss out on this incredible investment opportunity-schedule your showing today!
MLS# 12295093

Listed By CENTURY 21 Pride Realty

Property Features

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Map and Directions

Directions to 5300 S 73rd Court, Summit, IL 60501

Home seller CENTURY 21 Pride Realty

Get to know the neighborhood. A local affiliated CENTURY 21 team will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Pride Realty

Robert Kroll of Bob & Teresa Kroll
Teresa Kroll of Bob & Teresa Kroll

(815) 469-4700
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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