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Single Family ResidenceResidential
$250,986$249 / 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 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

7218 W 62ND PL

SUMMIT, IL 60501
2
Beds
2 / 1
Baths
1,008 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.
1956
Year BuiltThe year the home was originally built, according to county records.
1
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

$251K
$242K low$260K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$250,986
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$200,789

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,617 (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.$22,000 (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.$19,281
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.$220,000

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.Bungalow
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.Masonry/Concrete Masonry Units (Cmus)
HeatingThe type of heating system in the home.Hot Water
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

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 SchoolB
High · Grades 9–12 · 0.2 mi
E
Otis P Graves Elementary SchoolC+
Elementary · Grades PK–5 · 0.3 mi
M
Heritage Middle SchoolB-
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%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

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

7218 W 62nd Pl 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 72% of homes in Cook County
  • Costs more per square foot than 71% of homes in Summit Argo 60501
  • Smaller than 85% of homes in Cook County
  • Has a smaller lot than 76% 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
$149K$404K

This home is worth more than 40% 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$250,986
CheaperTypical $261,037Pricier

Pricier than 40% of homes nearby

Price per ft²$249
CheaperTypical $223Pricier

Pricier than 71% of homes nearby

Living area1,008 ft²
SmallerTypical 1,317 ft²Bigger

Bigger than 21% of homes nearby

Lot size3,750 ft²
SmallerTypical 3,746 ft²Bigger

Bigger than 56% of homes nearby

Year built1956
OlderTypical 1952Newer

Newer than 61% of homes nearby

How 7218 W 62nd Pl ranks against every home in each area.
MeasureThis homeSummit Argo 60501Cook County
Estimated valuepricier than$250,98640% of homes28% of homes
Price per ft²pricier than$24971% of homes50% of homes
Living areabigger than1,008 ft²21% of homes15% of homes
Lot sizebigger than3,750 ft²56% of homes24% of homes
Year builtnewer than195661% of homes46% of homes

About 7218 W 62nd Pl

How much is 7218 W 62nd Pl, Summit, IL worth?

The TopHap Estimate for 7218 W 62nd Pl, Summit, IL is $250,986 as of Jul 14, 2026. The likely range is $241,896 to $260,076. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 7218 W 62nd Pl, Summit, IL?

7218 W 62nd Pl, Summit, IL has 2 bedrooms, 2 bathrooms, 1,008 square feet of living space and a 0.09-acre lot.

When was 7218 W 62nd Pl, Summit, IL built?

7218 W 62nd Pl, Summit, IL was built in 1956, making it 70 years old. It is a bungalow home. The building has 1 story.

What schools serve 7218 W 62nd Pl, Summit, IL?

7218 W 62nd Pl, Summit, IL is assigned to Argo Community High School (high), rated B; Otis P Graves Elementary School (elementary), rated C+; Heritage Middle School (middle), 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 7218 W 62nd Pl, Summit, IL compare to other homes in Summit Argo 60501?

Among the 2,564 homes in Summit Argo 60501, it is worth more than 40% of them ($250,986 against a typical $261,037), its price per square foot is higher than 71% of them ($249 against a typical $223), it is bigger than 21% of them (1,008 ft² against a typical 1,317 ft²), its lot is bigger than 56% of them (3,750 ft² against a typical 3,746 ft²) and it is newer than 61% of them (1956 against a typical 1952). Measured against all of Cook County, it is worth more than 28% 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 7218 W 62nd Pl, Summit, IL?

The 2023 property tax bill for 7218 W 62nd Pl, Summit, IL was $5,617. The county assessed it at $22,000.

Closest homes

More homes in Summit 60501

Assigned schools

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