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Single Family ResidenceResidential
$280,219$246 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 90How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

7331 W 62ND ST

SUMMIT, IL 60501
3
Beds
2 / 1
Baths
1,140 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
3,750 ft²
Lot SizeThe size of the land the home sits on, from county records.
1991
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$280K
$254K low$307K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,824 (2023)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$22,590 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$2,719
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$19,871
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$22,589
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$225,900

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.37
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
71
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
67
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
45
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Split Level
CountyCook
Lot (acres)The size of the land the home sits on, from county records.0.09
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Argo Community High SchoolC
High · Grades 9–12 · 0.2 mi
E
Otis P Graves Elementary SchoolD+
Elementary · Grades PK–5 · 0.3 mi
M
Heritage Middle SchoolD+
Middle · Grades 6–8 · 0.3 mi

District: Argo Community High School District 217

Neighborhood · ZIP 60501These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.92
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.117
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.46

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.10%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.12%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.7%
PopulationHow many people live in this area.11,816
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,907 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$57,219
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$86,782
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.38 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

7331 W 62nd St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Costs more per square foot than 65% of homes in Summit Argo 60501
  • Smaller than 73% of homes in Cook County
  • Has a smaller lot than 76% of homes in Cook County
  • Newer than 88% of homes in Summit Argo 60501

What homes are worth in Summit Argo 60501

Each bar is how many homes fall in that price range. The marker is this home.

This home
$158K$421K

This home is worth more than 60% of homes in Summit Argo 60501.

How it measures up in Summit Argo 60501

The dot is this home. The mark in the middle is the typical home in Summit Argo 60501.

Estimated value$280,219
CheaperTypical $268,247Pricier

Pricier than 60% of homes nearby

Price per ft²$246
CheaperTypical $226Pricier

Pricier than 65% of homes nearby

Living area1,140 ft²
SmallerTypical 1,318 ft²Bigger

Bigger than 35% of homes nearby

Lot size3,750 ft²
SmallerTypical 3,746 ft²Bigger

Bigger than 55% of homes nearby

Year built1991
OlderTypical 1952Newer

Newer than 88% of homes nearby

How 7331 W 62nd St ranks against every home in each area.
MeasureThis homeSummit Argo 60501Cook County
Estimated valuepricier than$280,21960% of homes36% of homes
Price per ft²pricier than$24665% of homes49% of homes
Living areabigger than1,140 ft²35% of homes27% of homes
Lot sizebigger than3,750 ft²55% of homes24% of homes
Year builtnewer than199188% of homes83% of homes

About 7331 W 62nd St

How much is 7331 W 62nd St, Summit, IL worth?

The TopHap Estimate for 7331 W 62nd St, Summit, IL is $280,219 as of Sep 24, 2026. The likely range is $253,592 to $306,846. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 7331 W 62nd St, Summit, IL last sell?

7331 W 62nd St, Summit, IL last sold on Oct 30, 2001, according to the county's recorded deed.

How big is 7331 W 62nd St, Summit, IL?

7331 W 62nd St, Summit, IL has 3 bedrooms, 2 bathrooms, 1,140 square feet of living space and a 0.09-acre lot.

When was 7331 W 62nd St, Summit, IL built?

7331 W 62nd St, Summit, IL was built in 1991, making it 35 years old. It is a split level home. The building has 2 stories.

What schools serve 7331 W 62nd St, Summit, IL?

7331 W 62nd St, Summit, IL is assigned to Argo Community High School (high), rated C; Otis P Graves Elementary School (elementary), rated D+; Heritage Middle School (middle), rated D+. All sit in Argo Community High School District 217. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 7331 W 62nd St, Summit, IL compare to other homes in Summit Argo 60501?

Among the 2,573 homes in Summit Argo 60501, it is worth more than 60% of them ($280,219 against a typical $268,247), its price per square foot is higher than 65% of them ($246 against a typical $226), it is bigger than 35% of them (1,140 ft² against a typical 1,318 ft²), its lot is bigger than 55% of them (3,750 ft² against a typical 3,746 ft²) and it is newer than 88% of them (1991 against a typical 1952). Measured against all of Cook County, it is worth more than 36% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 7331 W 62nd St, Summit, IL?

The 2023 property tax bill for 7331 W 62nd St, Summit, IL was $5,824. The county assessed it at $22,590.

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