Google street view image for 7331 W 62nd St, Summit, IL 60501

Off market nov 1992 for $105K

$294,533

Est. refi paymentEst. refi $781/mo

•

1.5 ba

•

1,140

sq ft

7331 W 62nd St, Summit, IL 60501

About this home

7331 W 62nd St is a 1,140 square foot house on a 3,750 square foot lot with 3 bedrooms and 1.5 bathrooms. - it last sold on November 12, 1992 for $105,000. Based on Redfin's Summit data, we estimate the home's value is $294,533.

Single-familyProperty Type

1991Year Built

3,750 sq ftLot Size

$258Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$294,533

$190K since sold in November 1992$5,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 6.7% lower than the average sale price ($316K) of 6 comparable homes.

SOLD OCT 20, 2026
$300,000
A
3 beds1 bath1,123 sq ft
6022 S Natoma Ave, Chicago, IL 60638
SOLD MAY 26, 2026
$250,000
B
3 beds2 baths1,219 sq ft
7503 W 58th Pl, Summit, IL 60501
SOLD AUG 18, 2026
$307,000
C
3 beds2 baths1,204 sq ft
7341 W 55th Pl, Summit, IL 60501
SOLD JUN 2, 2026
$245,000
D
3 beds1.5 baths1,200 sq ft
7416 W 63rd Pl, Summit, IL 60501
SOLD JUN 4, 2026
$349,900
E
3 beds1 bath1,109 sq ft
7300 W 61st St, Summit, IL 60501
SOLD JUN 16, 2026
$442,500
F
4 beds1.5 baths1,080 sq ft
7055 W 64th St, Chicago, IL 60638

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Earn from this home

Sell

$279,337

Est. take-home

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Est. cash available

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Rent

$2,029/mo

Redfin rental estimate

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Market trends in 60501, IL

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

97.4%

1.2% MoM

Median sale price

$307K

$33K MoM

Avg. days on market

85d

21 days MoM

Recently sold homes

1 MoM

New listings for sale

$379,999
5 beds2 baths— sq ft
7640 W 63rd Pl, Summit, IL 60501
$359,900
5 beds2 baths2,500 sq ft
5347 S 73 Ave, Summit, IL 60501
$169,900
2 beds1 bath748 sq ft
7313 W 58th Pl, Summit, IL 60501
See all

Provided by Redfin

Sale history for 7331 W 62nd St

Year

Property tax

Land + Additions

Assessment*

2023

$5,824 (+72.7%)

$2,719 + $19,871

$22,590

2022

$3,372 (+0.7%)

$2,343 + $11,628

$13,971

2021

$3,349 (−7.1%)

$2,343 + $11,628

$13,971

2020

$3,605 (−23.3%)

$2,343 + $11,628

$13,971

2019

$4,700 (+3.5%)

$2,156 + $14,239

$16,395

2018

$4,540 (−0.9%)

$2,156 + $14,239

$16,395

2017

$4,582 (+11.1%)

$2,156 + $14,239

$16,395

2016

$4,124 (+5.8%)

$1,875 + $11,138

$13,013

2015

$3,897 (−16.7%)

$1,875 + $11,138

$13,013

2014

$4,678 (−3.7%)

$1,875 + $11,138

$13,013

2013

$4,859 (−5.0%)

$1,875 + $12,836

$14,711

2012

$5,115 (−11.7%)

$1,875 + $12,836

$14,711

2011

$5,793 (+6.0%)

$1,875 + $15,090

$16,965

2010

$5,465 (+12.0%)

$1,875 + $17,190

$19,065

2009

$4,881 (+2.3%)

$1,875 + $17,190

$19,065

2008

$4,772 (+7.6%)

$3,000 + $17,499

$20,499

2007

$4,433

$2,700 + $13,177

$15,877

Tax history for 7331 W 62nd St

Year

Property tax

Land + Additions

Assessment*

2023

$5,824 (+72.7%)

$2,719 + $19,871

$22,590

2022

$3,372 (+0.7%)

$2,343 + $11,628

$13,971

2021

$3,349 (−7.1%)

$2,343 + $11,628

$13,971

2020

$3,605 (−23.3%)

$2,343 + $11,628

$13,971

2019

$4,700 (+3.5%)

$2,156 + $14,239

$16,395

2018

$4,540 (−0.9%)

$2,156 + $14,239

$16,395

2017

$4,582 (+11.1%)

$2,156 + $14,239

$16,395

2016

$4,124 (+5.8%)

$1,875 + $11,138

$13,013

2015

$3,897 (−16.7%)

$1,875 + $11,138

$13,013

2014

$4,678 (−3.7%)

$1,875 + $11,138

$13,013

2013

$4,859 (−5.0%)

$1,875 + $12,836

$14,711

2012

$5,115 (−11.7%)

$1,875 + $12,836

$14,711

2011

$5,793 (+6.0%)

$1,875 + $15,090

$16,965

2010

$5,465 (+12.0%)

$1,875 + $17,190

$19,065

2009

$4,881 (+2.3%)

$1,875 + $17,190

$19,065

2008

$4,772 (+7.6%)

$3,000 + $17,499

$20,499

2007

$4,433

$2,700 + $13,177

$15,877

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Interior

Basement Information
Basement Finish: Recreation Room
Basement Type: Partial

Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air

Exterior

Exterior Information
Physical Condition: Average
Building Style Type: Split Level
Exterior Wall: Frame/Masonry
Building Type: Residential

Property Information
Subdivision Name: LYLAS KREMELS
Living Sq. Ft: 1,140
Stories Type: Multi-Level

Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Detached Garage
Garage / Carport Type: Detached

Lot Information
# of Buildings: 1
Land Sq. Ft: 3,750
Legal Lot Number: 2
Acres: 0.0861
Depth Footage: 125
Front Footage: 30
County Use Description: RESID SPLIT LEVEL

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 1,140
Stories: —
Lot Size: 3,750 square feet
Style: Single Family Residential
Year Built: 1991
Year Renovated: —
County: Cook County
APN: 18134250350000

Home facts updated by county records on Sep 15, 2026

Around this home

Schools

Otis P Graves Elementary School

Public PreK-5 • Assigned • 0.3mi

5/10

Heritage Middle School

Public 6-8 • Assigned • 0.3mi

6/10

Argo Community High School

Public 9-12 • Assigned • 0.1mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

4/10 Flood Factor

Estimated 19-29% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 100° expected this year, 15 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

4/10 Air Factor

3 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Summit, IL • 60501

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$280,000 – $339,000

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Nearby similar homes

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4 beds3.5 baths2,500 sq ft

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NEW CONSTRUCTION

$494,900

4 beds3 baths2,500 sq ft

7610 W 60th Pl, Summit, IL 60501

$169,900

2 beds1 bath748 sq ft

7313 W 58th Pl, Summit, IL 60501

$429,000

4 beds3.5 baths2,148 sq ft

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$419,000

3 beds2 baths1,866 sq ft

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New listings for sale in 60501

$379,999

5 beds2 baths— sq ft

7640 W 63rd Pl, Summit, IL 60501

$359,900

5 beds2 baths2,500 sq ft

5347 S 73 Ave, Summit, IL 60501

$169,900

2 beds1 bath748 sq ft

7313 W 58th Pl, Summit, IL 60501

Home values near 7331 W 62nd St

Data from public records.

Address	Redfin Estimate
7324 West 62nd St, Summit, IL 4 Beds \| 3 Baths \| - Sq. Ft.	$254,525
7356 West 62nd Pl, Summit, IL 2 Beds \| 1 Baths \| 864 Sq. Ft.	$215,756

Address	Redfin Estimate
7322 West 62nd St, Summit, IL 3 Beds \| 1.5 Baths \| 1360 Sq. Ft.	$332,275
7342 West 62nd Pl, Summit, IL 3 Beds \| 1 Baths \| 1062 Sq. Ft.	$315,752

Address	Redfin Estimate
7354 West 62nd Pl, Summit, IL 3 Beds \| 1 Baths \| - Sq. Ft.	$251,697
7344 West 62nd Pl, Summit, IL 4 Beds \| 1 Baths \| 2000 Sq. Ft.	$322,175

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 60501, IL

Sale history for 7331 W 62nd St

Tax history for 7331 W 62nd St

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60501

Home values near 7331 W 62nd St

More real estate resources