OFF MARKET

Off market aug 2016 for $101K

$363,312

Est. refi paymentEst. refi $1,663/mo

•

1,609

sq ft

7341 W 56th St, Summit, IL 60501

About this home

Single-familyProperty Type

1950Year Built

$226Est. Price/Sq.Ft.

2 car garageParking

Listed by Jason Shapiro • RISING REALTY LLC

Bought with Cecilia Favela • Su Familia Real Estate Inc

Redfin checked: a few seconds ago

•Source:MRED as Distributed by MLS Grid #09183998

Redfin Estimate

$363,312

$262K since sold in August 2016$7,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 5.8% lower than the average sale price ($386K) of 6 comparable homes.

SOLD JUN 19, 2026
$425,000
A
5 beds3 baths1,600 sq ft
5359 S Nordica Ave, Chicago, IL 60638
SOLD JUN 8, 2026
$410,000
B
4 beds3 baths1,250 sq ft
5650 S Newland Ave, Chicago, IL 60638
SOLD AUG 26, 2026
$425,000
C
4 beds2.5 baths1,113 sq ft
5750 S Normandy Ave, Chicago, IL 60638
SOLD JUL 10, 2026
$300,000
D
4 beds2 baths1,200 sq ft
7338 W 57th St, Summit, IL 60501
SOLD OCT 23, 2026
$330,000
E
3 beds2 baths1,730 sq ft
6559 W 60th Pl, Chicago, IL 60638
SOLD BY REDFIN OCT 8, 2026
$425,000
F
4 beds2.5 baths1,389 sq ft
7005 W 63rd Pl, Chicago, IL 60638

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Earn from this home

Sell

$281,918

Est. take-home

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Est. cash available

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Rent

$2,604/mo

Redfin rental estimate

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Market trends in 60501, IL

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

97.3%

0.1% MoM

Median sale price

$345K

$38K MoM

Avg. days on market

85d

0 days MoM

Recently sold homes

0 MoM

New listings for sale

$199,900
2 beds1 bath704 sq ft
7623 W 64th St, Summit, IL 60501
See all

Provided by Redfin

Sale history for 7341 W 56th St

Date

Event

Price

MRED as Distributed by MLS Grid #10129628

Feb 4, 2019

Listing Removed

—

MRED as Distributed by MLS Grid #10129623

Nov 3, 2018

Listing Removed

—

MRED as Distributed by MLS Grid #09183998

Aug 1, 2016

Sold (MLS) (Closed Sale)

$101,000

$63/sq ft

Apr 22, 2016

Pending

—

Apr 4, 2016

Listed (New)

$86,000

$53/sq ft

Public Records

Mar 15, 2007

Sold

$205,000

$127/sq ft

MRED as Distributed by MLS Grid #06373388

Feb 9, 2007

Listing Removed

—

Year

Property tax

Land + Additions

Assessment*

2023

$7,948 (+46.0%)

$3,567 + $22,433

$26,000

2022

$5,443 (+2.0%)

$3,075 + $12,960

$16,035

2021

$5,334 (−4.0%)

$3,075 + $12,960

$16,035

2020

$5,559 (−13.0%)

$3,075 + $12,960

$16,035

2019

$6,389 (−17.1%)

$2,829 + $14,497

$17,326

2018

$7,703 (−11.8%)

$2,829 + $14,497

$17,326

2017

$8,732 (+42.4%)

$2,829 + $16,838

$19,667

2016

$6,130 (+4.2%)

$2,460 + $13,017

$15,477

2015

$5,883 (+1.7%)

$2,460 + $13,017

$15,477

2014

$5,782 (+20.2%)

$2,460 + $13,017

$15,477

2013

$4,811 (−5.0%)

$2,460 + $12,132

$14,592

2012

$5,065 (−7.1%)

$2,460 + $12,132

$14,592

2011

$5,451 (−23.2%)

$2,460 + $13,622

$16,082

2010

$7,093 (+12.0%)

$2,460 + $20,611

$23,071

2009

$6,334 (+2.3%)

$2,460 + $22,089

$24,549

2008

$6,193 (+2.6%)

$3,936 + $22,460

$26,396

2007

$6,035

$3,542 + $17,438

$20,980

Tax history for 7341 W 56th St

Year

Property tax

Land + Additions

Assessment*

2023

$7,948 (+46.0%)

$3,567 + $22,433

$26,000

2022

$5,443 (+2.0%)

$3,075 + $12,960

$16,035

2021

$5,334 (−4.0%)

$3,075 + $12,960

$16,035

2020

$5,559 (−13.0%)

$3,075 + $12,960

$16,035

2019

$6,389 (−17.1%)

$2,829 + $14,497

$17,326

2018

$7,703 (−11.8%)

$2,829 + $14,497

$17,326

2017

$8,732 (+42.4%)

$2,829 + $16,838

$19,667

2016

$6,130 (+4.2%)

$2,460 + $13,017

$15,477

2015

$5,883 (+1.7%)

$2,460 + $13,017

$15,477

2014

$5,782 (+20.2%)

$2,460 + $13,017

$15,477

2013

$4,811 (−5.0%)

$2,460 + $12,132

$14,592

2012

$5,065 (−7.1%)

$2,460 + $12,132

$14,592

2011

$5,451 (−23.2%)

$2,460 + $13,622

$16,082

2010

$7,093 (+12.0%)

$2,460 + $20,611

$23,071

2009

$6,334 (+2.3%)

$2,460 + $22,089

$24,549

2008

$6,193 (+2.6%)

$3,936 + $22,460

$26,396

2007

$6,035

$3,542 + $17,438

$20,980

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

Public record

Beds

Baths

2.5

Stories

1.5

Lot width

—

Lot depth

—

Lot size

4,920 Sq. Ft.

Year renovated

—

Sq. Ft.

1,609

Year built

1949

Style

Single Family Residential

County

Cook County

APN

18132090450000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 15, 2026.

Property details

Parking

Parking Information
# Of Cars: 2
# of Garage Spaces: 2
Parking: Garage
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Detached

Interior

Bathroom Information
# of Baths (Full): 2

Bedroom Information
# of Bedrooms: 4
# of Bedrooms Possible: 4

Room Information
Room Type: Bedroom 2
Level: Second
Dimensions: 12 x 09

Room Information
Room Type: Bedroom 3
Level: Second
Dimensions: 13 x 13

Room Information
Room Type: Bedroom 4
Level: Second
Dimensions: 12 x 12

Room Information
Room Type: Dining Room
Level: Main
Dimensions: 12 x 09

Room Information
Room Type: Family Room
Level: Basement
Dimensions: 20 x 22

Room Information
Room Type: Kitchen
Level: Main
Dimensions: 11 x 07

Room Information
Room Type: Living Room
Level: Main
Dimensions: 15 x 13

Room Information
Room Type: Master Bedroom
Level: Main
Dimensions: 13 x 10

Additional Rooms Information
Basement: Full
Basement Description: Partially Finished

Interior Features
# of Rooms: 8

Exterior

Building Information
Living Area Source: Assessor
Exterior Building Type: Brick
Age: 61-70 Years
Built Before 1978 (Y/N): Yes

Property Information
Property Type: Detached Single
Property Type: 1.5 Story
Ownership: Fee Simple
Rehab (Y/N): No
Parcel Number: 18132090450000

Lot Information
Dimensions: 4920
Lot Size: Less Than .25 Acre

Financial

Tax Information
Tax Annual Amount: $5,782
Tax Year: 2014

Financial Information
Finance Code: Conventional
Special Service Area: N

Utilities

Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer

Heating & Cooling
Heating: Natural Gas
Cooling: Central Air

Location

School Information
Elementary School District: 104
Middle Or Junior School District: 104
High School District: 217

Location Information
Township: LYONS
Corporate Limits: SUMMIT
Directions: ARCHER AVE.(55TH ST.) E. OR W. TO 74TH AVE.-SO. TO 56TH

Public facts

Beds: 3
Baths: 2.5
Sq. Ft.: 1,609
Stories: 1.5
Lot Size: 4,920 square feet
Style: Single Family Residential
Year Built: 1949
Year Renovated: —
County: Cook County
APN: 18132090450000

Home facts updated by county records on Sep 15, 2026

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing

Around this home

Schools

K - 12
Preschool & daycare

Walsh Elementary School

Public K-5 • Assigned • 0.2mi

7/10

Heritage Middle School

Public 6-8 • Assigned • 0.5mi

6/10

Argo Community High School

Public 9-12 • Assigned • 0.9mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk 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)

31°

17°

40°

23°

56°

35°

63°

44°

71°

50°

83°

64°

88°

70°

83°

65°

81°

59°

68°

51°

52°

39°

37°

24°

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

$346,000 – $418,000

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Home values near 7341 W 56th St

Data from public records.

Address	Redfin Estimate
7325 W 56th Street, Summit, IL 3 Beds \| 1.5 Baths \| 1440 Sq. Ft.	$215,437
7336 W 56th Place, Summit, IL 3 Beds \| 2.5 Baths \| 900 Sq. Ft.	$249,465
7337 W 56th Street, Summit, IL 3 Beds \| 1.5 Baths \| 1530 Sq. Ft.	$351,462
7328 W 56th Place, Summit, IL 3 Beds \| 2.5 Baths \| 900 Sq. Ft.	$308,570
7349 W 56th Street, Summit, IL 4 Beds \| 2 Baths \| 1568 Sq. Ft.	$371,122
7336 W 56th Street, Summit, IL 3 Beds \| 1 Baths \| 960 Sq. Ft.	$268,332
7353 W 56th Street, Summit, IL 3 Beds \| 1.5 Baths \| - Sq. Ft.	$327,276

Address	Redfin Estimate
7340 W 56th Place, Summit, IL 3 Beds \| 1.5 Baths \| 900 Sq. Ft.	$302,426
7329 W 56th Street, Summit, IL 3 Beds \| 1.5 Baths \| 1350 Sq. Ft.	$286,896
7344 W 56th Street, Summit, IL 2 Beds \| 1 Baths \| - Sq. Ft.	$283,228
7332 W 56th Place, Summit, IL 3 Beds \| 1 Baths \| 1540 Sq. Ft.	$292,102
7356 W 56th Street, Summit, IL 2 Beds \| 1 Baths \| 910 Sq. Ft.	$221,208
7340 W 56th Street, Summit, IL 4 Beds \| 2 Baths \| 1400 Sq. Ft.	$343,775
7357 W 56th Street, Summit, IL 3 Beds \| 1.5 Baths \| 1500 Sq. Ft.	$304,972

Address	Redfin Estimate
7344 W 56th Place, Summit, IL 3 Beds \| 2 Baths \| 1200 Sq. Ft.	$253,237
7333 W 56th Street, Summit, IL 3 Beds \| 3 Baths \| 1450 Sq. Ft.	$346,041
7352 W 56th Street, Summit, IL 4 Beds \| 3 Baths \| 1100 Sq. Ft.	$278,010
7345 W 56th Street, Summit, IL 3 Beds \| 1.5 Baths \| 1350 Sq. Ft.	$317,285
7324 W 56th Place, Summit, IL 4 Beds \| 2 Baths \| 1384 Sq. Ft.	$370,512
7348 W 56th Street, Summit, IL 3 Beds \| 1 Baths \| 964 Sq. Ft.	$271,501
7332 W 56th Street, Summit, IL 3 Beds \| 1 Baths \| 960 Sq. Ft.	$271,008

Property information provided by MRED as Distributed by MLS Grid when last listed in 2016. This data may not match . Learn more.

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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 7341 W 56th St

Tax history for 7341 W 56th St

Public record

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 7341 W 56th St

More real estate resources