Google street view image for 7348 W 56th St, Summit, IL 60501

Off market oct 1984 for $59K

$277,980

Est. refi paymentEst. refi $351/mo

•

1 ba

•

964

sq ft

7348 W 56th St, Summit, IL 60501

About this home

7348 W 56th St is a 964 square foot house on a 4,880 square foot lot with 3 bedrooms and 1 bathroom. - it last sold on October 29, 1984 for $59,000. Based on Redfin's Summit data, we estimate the home's value is $277,980.

Single-familyProperty Type

1952Year Built

4,880 sq ftLot Size

$288Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$277,980

$219K since sold in October 1984$5,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 20.1% lower than the average sale price ($348K) of 6 comparable homes.

SOLD MAY 26, 2026
$242,500
A
3 beds1 bath1,068 sq ft
7436 W 58th St, Summit, IL 60501
SOLD MAY 27, 2026
$330,000
B
3 beds1 bath1,054 sq ft
5726 S Neva Ave, Chicago, IL 60638
SOLD JUN 30, 2026
$365,000
C
2 beds2 baths929 sq ft
5705 S Nottingham Ave, Chicago, IL 60638
SOLD AUG 10, 2026
$460,000
D
3 beds2 baths1,181 sq ft
5742 S Rutherford Ave, Chicago, IL 60638
SOLD JUN 4, 2026
$349,900
E
3 beds1 bath1,109 sq ft
7300 W 61st St, Summit, IL 60501
SOLD JUL 17, 2026
$340,000
F
3 beds2 baths1,022 sq ft
5146 S Sayre Ave, Chicago, IL 60638

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Earn from this home

Sell

$263,554

Est. take-home

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Refinance

Est. cash available

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Rent

$1,778/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

NEW 2 HRS AGO
$259,900
3 beds1 bath950 sq ft
7332 W 58th St, Summit, IL 60501
$359,900
6 beds3 baths1,689 sq ft
7324 W 62nd St, Summit, IL 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
See all

Provided by Redfin

Sale history for 7348 W 56th St

Year

Property tax

Land + Additions

Assessment*

2023

$5,968 (+267.8%)

$3,538 + $19,462

$23,000

2022

$1,622 (−1.5%)

$3,050 + $6,867

$9,917

2021

$1,647 (−11.6%)

$3,050 + $6,867

$9,917

2020

$1,863 (−54.7%)

$3,050 + $6,867

$9,917

2019

$4,113 (−38.8%)

$2,806 + $12,314

$15,120

2018

$6,723 (+653.8%)

$2,806 + $12,314

$15,120

2017

$892 (−45.0%)

$2,806 + $12,314

$15,120

2016

$1,621 (−1.7%)

$2,440 + $10,818

$13,258

2015

$1,650 (+4.4%)

$2,440 + $10,818

$13,258

2014

$1,581 (+8.7%)

$2,440 + $10,818

$13,258

2013

$1,454 (+1.2%)

$2,440 + $11,759

$14,199

2012

$1,436 (−5.3%)

$2,440 + $11,759

$14,199

2011

$1,517 (+24.9%)

$2,440 + $11,759

$14,199

2010

$1,214 (+4.6%)

$2,440 + $18,947

$21,387

2009

$1,160 (−8.4%)

$2,440 + $18,947

$21,387

2008

$1,266 (−64.5%)

$3,904 + $19,092

$22,996

2007

$3,564

$3,513 + $14,262

$17,775

Tax history for 7348 W 56th St

Year

Property tax

Land + Additions

Assessment*

2023

$5,968 (+267.8%)

$3,538 + $19,462

$23,000

2022

$1,622 (−1.5%)

$3,050 + $6,867

$9,917

2021

$1,647 (−11.6%)

$3,050 + $6,867

$9,917

2020

$1,863 (−54.7%)

$3,050 + $6,867

$9,917

2019

$4,113 (−38.8%)

$2,806 + $12,314

$15,120

2018

$6,723 (+653.8%)

$2,806 + $12,314

$15,120

2017

$892 (−45.0%)

$2,806 + $12,314

$15,120

2016

$1,621 (−1.7%)

$2,440 + $10,818

$13,258

2015

$1,650 (+4.4%)

$2,440 + $10,818

$13,258

2014

$1,581 (+8.7%)

$2,440 + $10,818

$13,258

2013

$1,454 (+1.2%)

$2,440 + $11,759

$14,199

2012

$1,436 (−5.3%)

$2,440 + $11,759

$14,199

2011

$1,517 (+24.9%)

$2,440 + $11,759

$14,199

2010

$1,214 (+4.6%)

$2,440 + $18,947

$21,387

2009

$1,160 (−8.4%)

$2,440 + $18,947

$21,387

2008

$1,266 (−64.5%)

$3,904 + $19,092

$22,996

2007

$3,564

$3,513 + $14,262

$17,775

*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: Unfinished
Basement Type: Full

Bathroom Information
# of Full Baths: 1

Heating & Cooling
Heating Type: Warm Air

Exterior

Exterior Information
Physical Condition: Average
Exterior Wall: Masonry
Building Type: Residential

Property Information
Subdivision Name: HARLEM HEIGHTS
Living Sq. Ft: 964
# of Stories: 1.5
Stories Type: 1 1/2
Legal Description: EAST5 FT L21 ALL OF L22 L23 BLK 2 I N HARLEM HEIGHTS SUB CANAL TRUSTEES SUB N2 NE4 SEC13 T38N R12E 3P

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

Lot Information
# of Buildings: 1
Land Sq. Ft: 4,880
Legal Lot Number: 21
Legal Block Number: 2
Acres: 0.112
County Use Description: RESID 1 STORY

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 964
Stories: 1.5
Lot Size: 4,880 square feet
Style: Single Family Residential
Year Built: 1952
Year Renovated: —
County: Cook County
APN: 18132040450000

Home facts updated by county records on Sep 15, 2026

Around this home

Schools

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)

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

$265,000 – $320,000

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7332 W 58th St, Summit, IL 60501

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$359,900

6 beds3 baths1,689 sq ft

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Home values near 7348 W 56th St

Data from public records.

Address	Redfin Estimate
7329 W 56th Street, Summit, IL 3 Beds \| 1.5 Baths \| 1350 Sq. Ft.	$289,181
7344 W 56th Street, Summit, IL 2 Beds \| 1 Baths \| - Sq. Ft.	$280,923

Address	Redfin Estimate
7333 W 56th Street, Summit, IL 3 Beds \| 3 Baths \| 1450 Sq. Ft.	$355,427
7352 W 56th Street, Summit, IL 4 Beds \| 3 Baths \| 1100 Sq. Ft.	$283,547

Address	Redfin Estimate
7337 W 56th Street, Summit, IL 3 Beds \| 1.5 Baths \| 1530 Sq. Ft.	$349,526
7345 W 56th Street, Summit, IL 3 Beds \| 1.5 Baths \| 1350 Sq. Ft.	$314,241

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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 7348 W 56th St

Tax history for 7348 W 56th 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 7348 W 56th St

More real estate resources