# 7408 W. 58th Street, Summit, IL 60501

> **TL;DR:** 2bd/1ba commercial, $799,000, built 1966. Est. $4,273/mo. Listed 22 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $799,000 |
| Bedrooms | 2 |
| Bathrooms | 1 full |
| Year Built | 1966 |
| Property Type | Commercial (Single Family Attached) |
| Status | Active |
| Days on Market | 22 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,040 |
| Estimated Insurance | $233 |
| **Total** | **$4,273** |

## Property Highlights

- Built in 1966

## Description

### Agent Description
An exceptional turn-key cash flow opportunity awaits at 7408 W 58th St, a fully tenant-occupied, well-maintained 6-unit brick building designed for high-yield portfolio growth. Offering immediate, stabilized income from long-term tenants, this property features a highly desirable unit mix of four spacious 2-bedroom, 1-bathroom units and two efficient 1-bedroom, 1-bathroom units. Capital improvements include a roof replaced roughly six years ago, while value-add amenities like 5 exterior parking spaces, private tenant storage lockers, and an on-site coin-operated laundry facility drive extra passive revenue. Superbly managed and ideally situated near I-55 for effortless commutes into Chicago and surrounding suburbs, this rock-solid investment is a seamless plug-and-play addition to any portfolio.

## Location

- **Address:** 7408 W. 58th Street, Summit, IL 60501
- **County:** Cook

## Listing Agent

- **Name:** Dan Ortiz
- **Brokerage:** Baird & Warner Real Estate
- **Broker Phone:** 7084914155

## Photos

![7408 W. 58th Street - Photo 1](http://lh.rdcpix.com/6c5eee4c90840eb2381114f87a2f9351l-f3932541356r.jpg)

![7408 W. 58th Street - Photo 2](http://lh.rdcpix.com/6c5eee4c90840eb2381114f87a2f9351l-f4272721843r.jpg)

![7408 W. 58th Street - Photo 3](http://lh.rdcpix.com/6c5eee4c90840eb2381114f87a2f9351l-f1880517192r.jpg)

![7408 W. 58th Street - Photo 4](http://lh.rdcpix.com/6c5eee4c90840eb2381114f87a2f9351l-f3130649150r.jpg)

![7408 W. 58th Street - Photo 5](http://lh.rdcpix.com/6c5eee4c90840eb2381114f87a2f9351l-f4251081174r.jpg)

![7408 W. 58th Street - Photo 6](http://lh.rdcpix.com/6c5eee4c90840eb2381114f87a2f9351l-f1883204061r.jpg)

![7408 W. 58th Street - Photo 7](http://lh.rdcpix.com/6c5eee4c90840eb2381114f87a2f9351l-f904731601r.jpg)

![7408 W. 58th Street - Photo 8](http://lh.rdcpix.com/6c5eee4c90840eb2381114f87a2f9351l-f929253094r.jpg)

![7408 W. 58th Street - Photo 9](http://lh.rdcpix.com/6c5eee4c90840eb2381114f87a2f9351l-f2329559958r.jpg)

![7408 W. 58th Street - Photo 10](http://lh.rdcpix.com/6c5eee4c90840eb2381114f87a2f9351l-f3174567898r.jpg)

![7408 W. 58th Street - Photo 11](http://lh.rdcpix.com/6c5eee4c90840eb2381114f87a2f9351l-f2311866318r.jpg)

![7408 W. 58th Street - Photo 12](http://lh.rdcpix.com/6c5eee4c90840eb2381114f87a2f9351l-f2350924120r.jpg)

![7408 W. 58th Street - Photo 13](http://lh.rdcpix.com/6c5eee4c90840eb2381114f87a2f9351l-f779895381r.jpg)

![7408 W. 58th Street - Photo 14](http://lh.rdcpix.com/6c5eee4c90840eb2381114f87a2f9351l-f2907915669r.jpg)

![7408 W. 58th Street - Photo 15](http://lh.rdcpix.com/6c5eee4c90840eb2381114f87a2f9351l-f1140975703r.jpg)

![7408 W. 58th Street - Photo 16](http://lh.rdcpix.com/6c5eee4c90840eb2381114f87a2f9351l-f1044824907r.jpg)

![7408 W. 58th Street - Photo 17](http://lh.rdcpix.com/6c5eee4c90840eb2381114f87a2f9351l-f3788434392r.jpg)

![7408 W. 58th Street - Photo 18](http://lh.rdcpix.com/6c5eee4c90840eb2381114f87a2f9351l-f4177871724r.jpg)

![7408 W. 58th Street - Photo 19](http://lh.rdcpix.com/6c5eee4c90840eb2381114f87a2f9351l-f739633979r.jpg)

![7408 W. 58th Street - Photo 20](http://lh.rdcpix.com/6c5eee4c90840eb2381114f87a2f9351l-f2611890410r.jpg)

---

**MLS#:** 12783161 | **Updated:** 2026-10-24
**Source:** listhub

*Copyright © 2026 Baird & Warner Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/7408-w-58th-street-summit-il-60501-a743ee8c197244f39b50c9f1024801eb)

---

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