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Commercial Building, Mail Order, Show Room (Non-Auto), WarehouseCommercial
Last sold for $240,000 on Jul 24, 2024

7340 W ARCHER AVE

SUMMIT ARGO, IL 60501
0
Baths
3,600 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.
1925
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$240,000 · Jul 24, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$23,581 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$63,125 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$11,250
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$51,875
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$63,125
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$252,500

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.Commercial Building, Mail Order, Show Room (Non-Auto), Warehouse
CountyCOOK
Lot (acres)The size of the land the home sits on, from county records.0.86
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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

E
Walsh Elementary SchoolB+
Elementary · Grades KG–5 · 0.3 mi
M
Heritage Middle SchoolB-
Middle · Grades 6–8 · 0.7 mi
H
Argo Community High SchoolB
High · Grades 9–12 · 1.1 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

7340 W Archer Ave 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.

  • Bigger than 97% of homes in Summit Argo 60501
  • Has a smaller lot than 76% of homes in Cook County
  • Older than 77% of homes in Cook County

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.

Living area3,600 ft²
SmallerTypical 1,318 ft²Bigger

Bigger than 97% of homes nearby

Lot size3,750 ft²
SmallerTypical 3,746 ft²Bigger

Bigger than 55% of homes nearby

Year built1925
OlderTypical 1952Newer

Newer than 28% of homes nearby

How 7340 W Archer Ave ranks against every home in each area.
MeasureThis homeSummit Argo 60501Cook County
Living areabigger than3,600 ft²97% of homes93% of homes
Lot sizebigger than3,750 ft²55% of homes24% of homes
Year builtnewer than192528% of homes23% of homes

About 7340 W Archer Ave

When did 7340 W Archer Ave, Summit Argo, IL last sell?

7340 W Archer Ave, Summit Argo, IL last sold on Jul 24, 2024 for $240,000, according to the county's recorded deed.

How big is 7340 W Archer Ave, Summit Argo, IL?

7340 W Archer Ave, Summit Argo, IL has 3,600 square feet of living space and a 0.86-acre lot.

When was 7340 W Archer Ave, Summit Argo, IL built?

7340 W Archer Ave, Summit Argo, IL was built in 1925, making it 101 years old. The building has 1 story.

What schools serve 7340 W Archer Ave, Summit Argo, IL?

7340 W Archer Ave, Summit Argo, IL is assigned to Walsh Elementary School (elementary), rated B+; Heritage Middle School (middle), rated B-; Argo Community High School (high), rated B. All sit in Argo Community High School District 217. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 7340 W Archer Ave, Summit Argo, IL compare to other homes in Summit Argo 60501?

Among the 2,564 homes in Summit Argo 60501, it is bigger than 97% of them (3,600 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 28% of them (1925 against a typical 1952). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 7340 W Archer Ave, Summit Argo, IL?

The 2024 property tax bill for 7340 W Archer Ave, Summit Argo, IL was $23,581. The county assessed it at $63,125.

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Assigned schools

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