Foreclosure for Sale on W 55th Pl, Summit Argo, IL 60501

Foreclosures › Illinois › Cook › Summit Argo › W 55th Pl
Bank-owned REO foreclosure property at W 55th Pl, Summit Argo, IL 60501. 3 bed 2 bath 1,662 sq ft Cook County foreclosure listing.
Foreclosure (REO) Active 93 days on market
W 55th Pl, Summit Argo, IL 60501
Price TBD
Cook County · Illinois
3
Bedrooms
2
Bathrooms
1,662
Sq ft
1949
Year built
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Property details
Listing type Foreclosure
Property type SingleFamily
Bedrooms 3
Bathrooms 2
Living area 1,662 sq ft
Year built 1949
County Cook County
State Illinois
ZIP 60501
Days on Market 93 days
Listing ID 65111166
About this property

This Summit Argo, IL property is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted.

📊 Cook County Market · Updated daily
Active Listings
19,769
Avg. Est. Value
$193,392
Bank-Owned (REO)
1,991
Pre-Foreclosures
17,778

47 active foreclosure listings in Summit Argo, IL.

Browse all Cook County foreclosures →
❓ Frequently Asked Questions
This is a bank-owned (REO) property. The lender has repossessed it after the foreclosure process completed. REO properties are sold as-is but typically allow conventional financing and interior inspections before closing.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Cook County foreclosures for additional guidance on the purchase process.
There are currently 47 active foreclosure listings in Summit Argo, IL. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition — most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status — eviction may be required if the property is occupied.
🌊 Flood Zone · FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

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🏦 Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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📍 Location Map · Summit Argo, IL Open in Google Maps →
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🏘️ Neighborhood Profile · ZIP 60501 · U.S. Census ACS
Population
11,655
Median Age
37.4 yrs
Households
3,807
Median Household Income
$55,429
Median Home Value
$217,300
Median Rent
$1,019/mo
Owner-Occupied
59% of homes
Vacancy Rate
7% of units
Unemployment Rate
7%

~9% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
🏫 Schools · NCES 2024–25
Schools in ZIP 60501
🏫 Elementary
Dr Donald Wharton Elem School
Grades K–5·Summit ZIP 60501
🎓 High
Argo Community High School
Grades 9–12·Summit ZIP 60501

Source: NCES CCD 2024–25 · nces.ed.gov

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