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7424 W 57th Place, Summit Argo, IL 60501

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For Sale
Sale Pending

$224,900

5 beds • 2 baths • 1,995 sqft

Estimated Payment

$ 1,168 /mo. †

6.76% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $112.73
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Opportunity knocks in Summit IL! Welcome to this 5-bedroom, 2-bathroom home brimming with potential. The first floor features 2 bedrooms, 1 bathroom with a spacious living area. The second floor includes 3 bedrooms and an additional bathroom. The property also boasts a two car garage. With its convenient location and proximity to amenities, including schools, parks, and shops, this property promises both convenience and community. Don't miss out! This is a Fannie Mae Homepath property.
MLS# 12275458

Courtesy Of KIRBY PEARSON

(773) 325-2800

Property Features

  • Age
    Over 50 Years Old

Map and Directions

Directions to 7424 W 57th Place, Summit Argo, IL 60501

Home seller CENTURY 21 Circle

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CENTURY 21 Circle

(708) 531-0800
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $1,168
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,168

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

W W Walker Elementary School

Grades KG-4 Public School

Summit Argo, IL 60501 1.2 miles
7735 w 66th pl

186 total students

School Rating: D+

School Details

Otis P Graves Elementary School

Grades PK-4 Public School

Summit Argo, IL 60501 0.3 miles
6021 s 74th ave

434 total students

School Rating: D+

School Details

Walsh Elementary School

Grades KG-4 Public School

Summit Argo, IL 60501 0.1 miles
5640 s 75th ave

245 total students

School Rating: B-

School Details

Dr Donald Wharton Elementary School

Grades 5 Public School

Summit Argo, IL 60501 0.9 miles
7555 w 64th st

169 total students

School Rating: A-

School Details

Heritage Middle School

Grades 6-8 Public School

Summit Argo, IL 60501 0.3 miles
6021 s 74th ave

552 total students

School Rating: D+

School Details

Argo Community High School

Grades 9-12 Public School

Summit Argo, IL 60501 0.8 miles
7329 w 63rd st

1923 total students

School Rating: C

School Details
Other Nearby Schools Distance Type Grades School Rating
Peckwas Preparatory Academy 0.3 miles Private PK-8
Byrne Elementary School 1 miles Public KG-8 B-
Dore Elementary School 1 miles Public PK-8 B-
Blair Early Childhood Center 1.2 miles Public PK-2
Kennedy High School 1.4 miles Public 9-12 D-
Kinzie Elementary School 1.5 miles Public KG-8 A
Kid'z Colony 1.6 miles Private PK-KG
Hale Elementary School 1.6 miles Public KG-8 A-
J W Robinson Jr Elementary School 1.6 miles Public KG-5 D
Costello School 1.7 miles Public PK-5 D+
Home Elementary School 1.7 miles Public PK-5 B
Washington Middle School 2.3 miles Public 6-8 D+
Edison Elementary School 2.3 miles Public PK-5 B+
Robina Lyle Elementary School 2.3 miles Public KG-6 C-

Peckwas Preparatory Academy

Distance: 0.3 miles

Type Private

Grades: PK-8

Byrne Elementary School

Distance: 1 miles

Type Public

Grades: KG-8

B-

Dore Elementary School

Distance: 1 miles

Type Public

Grades: PK-8

B-

Blair Early Childhood Center

Distance: 1.2 miles

Type Public

Grades: PK-2

Kennedy High School

Distance: 1.4 miles

Type Public

Grades: 9-12

D-

Kinzie Elementary School

Distance: 1.5 miles

Type Public

Grades: KG-8

A

Kid'z Colony

Distance: 1.6 miles

Type Private

Grades: PK-KG

Hale Elementary School

Distance: 1.6 miles

Type Public

Grades: KG-8

A-

J W Robinson Jr Elementary School

Distance: 1.6 miles

Type Public

Grades: KG-5

D

Costello School

Distance: 1.7 miles

Type Public

Grades: PK-5

D+

Home Elementary School

Distance: 1.7 miles

Type Public

Grades: PK-5

B

Washington Middle School

Distance: 2.3 miles

Type Public

Grades: 6-8

D+

Edison Elementary School

Distance: 2.3 miles

Type Public

Grades: PK-5

B+

Robina Lyle Elementary School

Distance: 2.3 miles

Type Public

Grades: KG-6

C-

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Summit Argo, IL 60501

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Summit Argo, IL 60501

This community’s employment is highest in the transportation and production occupations industries. The area’s overall household expenses are below the national average.

85° July
Hottest Average Month
16° January
Coldest Average Month
3,504 Total Households in Area
-5.3% Increase in population since the year 2010
41.2%
of households
have children
35 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Summit Argo, IL 60501

Summit Argo, IL 60501 has a population of 11,437 people in 3,504 households with a median age of 35.8 years old.

-5.3%
Decrease in population
since the year 2010
Population is Trending down
3,778
Total households as of 2010
-0.2%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 35.8 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Hispanic 70%
Other 36%
White 28%
Black 7%
Native American 2%
Asian 2%
The most prevalent ethnicity is Hispanic at 70%, followed by Other at 36%, White at 28%, and Black at 7%.

Economics
for Summit Argo, IL 60501

2,813 /sq mi
Population Density
$52,121 /yr
Median Household Income
$190,000
Median Sales Price
35 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $25-34,999k representing 16.48% of the households.

Transportation to Work

  • Drive 88%
  • Public Transit 7%
  • Walk or Bike 4%
  • Work from Home 2%

Occupancy by Type

Owned 2,112 55%
Rented 1,392 36%
Vacant 338 9%

White vs Blue Collar Jobs







Blue Collar 56%
White Collar 44%

Family & Education Facts
for Summit Argo, IL 60501

35.8 Median Age

Average Household Size

3.3
persons per
household

48.8%

Married Households

Community Population By Education

Some High School 33%
High School Graduate 31%
Some College 16%
Bachelors Degree 10%
Associates Degree 6%
Graduate Degree 3%
Of the total people surveyed, the most prevalent educational attainment level is Some High School, representing 33.23% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
41.3% of households have children

Weather
for Summit Argo, IL 60501

The weather for this area ranges from a high of 85° F in July to a low of 16° F in January

85° July
Hottest Average Month
16° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
16°
31°
Feb
20°
35°
Mar
29°
46°
Apr
39°
59°
May
49°
70°
Jun
59°
80°
Jul
65°
85°
Aug
64°
83°
Sep
55°
76°
Oct
44°
64°
Nov
32°
48°
Dec
21°
36°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Fannie Mae. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

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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