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Industrial (General)Industrial
Last sold for $1,100,000 on Mar 12, 2021

7622 CANAL BANK RD

SUMMIT, IL 60501
0
Baths
0.1 ac
Lot SizeThe size of the land the home sits on, from county records.
2009
Year BuiltThe year the home was originally built, according to county records.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$1,100,000 · Mar 12, 2021

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$7,022 (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.$20,042 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$9,050
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$10,992
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$20,041
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$80,168

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.44
40
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.8 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.Industrial (General)
CountyCook
Lot (acres)The size of the land the home sits on, from county records.0.10
HeatingThe type of heating system in the home.None

Transaction History(5)

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 · 0.4 mi
M
Heritage Middle SchoolB-
Middle · Grades 6–8 · 0.9 mi
H
Argo Community High SchoolB
High · Grades 9–12 · 1.3 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

7622 Canal Bank Rd 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.

  • Has a bigger lot than 72% of homes in Summit Argo 60501
  • Newer than 98% 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.

Lot size0.1 ac
SmallerTypical 3,746 ft²Bigger

Bigger than 72% of homes nearby

Year built2009
OlderTypical 1952Newer

Newer than 98% of homes nearby

How 7622 Canal Bank Rd ranks against every home in each area.
MeasureThis homeSummit Argo 60501Cook County
Lot sizebigger than0.1 ac72% of homes33% of homes
Year builtnewer than200998% of homes97% of homes

About 7622 Canal Bank Rd

When did 7622 Canal Bank Rd, Summit, IL last sell?

7622 Canal Bank Rd, Summit, IL last sold on Mar 12, 2021 for $1,100,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

When was 7622 Canal Bank Rd, Summit, IL built?

7622 Canal Bank Rd, Summit, IL was built in 2009, making it 17 years old.

What schools serve 7622 Canal Bank Rd, Summit, IL?

7622 Canal Bank Rd, 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 7622 Canal Bank Rd, Summit, IL compare to other homes in Summit Argo 60501?

Among the 2,564 homes in Summit Argo 60501, its lot is bigger than 72% of them (0.1 ac against a typical 3,746 ft²) and it is newer than 98% of them (2009 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 7622 Canal Bank Rd, Summit, IL?

The 2023 property tax bill for 7622 Canal Bank Rd, Summit, IL was $7,022. The county assessed it at $20,042.

Closest homes

More homes in Summit 60501

Assigned schools

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