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Single Family ResidenceResidential
$262,024$293 / 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 97How 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
Last sold for $40,500 on May 10, 2012

7342 W 58TH ST

SUMMIT, IL 60501
3
Beds
1
Baths
895 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.
0.16 ac
Lot SizeThe size of the land the home sits on, from county records.
1948
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
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

$262K
$254K low$271K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$40,500 · May 10, 2012

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$6,546 (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.$22,001 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$4,945
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$17,056
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$21,999
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$220,010

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.45
44
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.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.10 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

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
CountyCook
Lot (acres)The size of the land the home sits on, from county records.0.16
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.None
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached

Transaction History(3)

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

Foreclosure Filings(2)

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 · 0.2 mi
M
Heritage Middle SchoolB-
Middle · Grades 6–8 · 0.3 mi
H
Argo Community High SchoolB
High · Grades 9–12 · 0.7 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

7342 W 58th 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.

  • Worth less than 68% of homes in Cook County
  • Costs more per square foot than 90% of homes in Summit Argo 60501
  • Smaller than 93% of homes in Cook County
  • Has a bigger lot than 93% of homes in Summit Argo 60501
  • Older than 67% of homes in Cook County

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
$167K$428K

This home is worth more than 44% 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$262,024
CheaperTypical $268,476Pricier

Pricier than 44% of homes nearby

Price per ft²$293
CheaperTypical $226Pricier

Pricier than 90% of homes nearby

Living area895 ft²
SmallerTypical 1,320 ft²Bigger

Bigger than 10% of homes nearby

Lot size0.16 ac
SmallerTypical 3,746 ft²Bigger

Bigger than 93% of homes nearby

Year built1948
OlderTypical 1952Newer

Newer than 42% of homes nearby

How 7342 W 58th St ranks against every home in each area.
MeasureThis homeSummit Argo 60501Cook County
Estimated valuepricier than$262,02444% of homes32% of homes
Price per ft²pricier than$29390% of homes66% of homes
Living areabigger than895 ft²10% of homes7% of homes
Lot sizebigger than0.16 ac93% of homes51% of homes
Year builtnewer than194842% of homes33% of homes

About 7342 W 58th St

How much is 7342 W 58th St, Summit, IL worth?

The TopHap Estimate for 7342 W 58th St, Summit, IL is $262,024 as of Sep 24, 2026. The likely range is $253,537 to $270,511. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 7342 W 58th St, Summit, IL last sell?

7342 W 58th St, Summit, IL last sold on May 10, 2012 for $40,500, according to the county's recorded deed.

How big is 7342 W 58th St, Summit, IL?

7342 W 58th St, Summit, IL has 3 bedrooms, 1 bathrooms, 895 square feet of living space and a 0.16-acre lot.

When was 7342 W 58th St, Summit, IL built?

7342 W 58th St, Summit, IL was built in 1948, making it 78 years old. The building has 1 story.

What schools serve 7342 W 58th St, Summit, IL?

7342 W 58th St, Summit, 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 7342 W 58th St, Summit, IL compare to other homes in Summit Argo 60501?

Among the 2,564 homes in Summit Argo 60501, it is worth more than 44% of them ($262,024 against a typical $268,476), its price per square foot is higher than 90% of them ($293 against a typical $226), it is bigger than 10% of them (895 ft² against a typical 1,320 ft²), its lot is bigger than 93% of them (0.16 ac against a typical 3,746 ft²) and it is newer than 42% of them (1948 against a typical 1952). Measured against all of Cook County, it is worth more than 32% 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 7342 W 58th St, Summit, IL?

The 2023 property tax bill for 7342 W 58th St, Summit, IL was $6,546. The county assessed it at $22,001.

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