HomeIllinoisCook CountySummit
Summit, Illinois: commercial real estate data.
Summit is a Census village of 10,846 people across 2.12 square miles of land, in Cook County. Median household income is $61,863, 60.9 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $677,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Summit
What Summit is
- Census place typevillage
- Land area2.12 sq mi
- Water area0.14 sq mi
- Population per square mile of land5,119
- County holding the largest share of its areaCook County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Summit
How many people live in Summit
- Population10,846
- Median age38.1
- Population under 182,417
- Share under 1822.3 percent
- Population 65 and over1,887 plus or minus 392
- Share 65 and over17.4 percent plus or minus 3.6
- Households3,709
- Family households2,733
- Share of households that are families73.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Summit
Income and work in Summit
- Median household income$61,863
- Per capita income$33,359 plus or minus $8,807
- Civilian labor force5,012
- Employed4,734
- Unemployed278 plus or minus 125
- Unemployment rate5.5 percent plus or minus 2.5
- Adults 25 and over7,511
- Adults 25 and over with a high school diploma or higher67.2 percent
- Adults 25 and over with a bachelor degree or higher14.0 percent plus or minus 3.7
- Adults 25 and over with a graduate degree3.0 percent plus or minus 1.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Summit
Housing in Summit
- Housing units4,063
- Occupied units3,709
- Vacant units354 plus or minus 121
- Vacancy rate8.7 percent plus or minus 2.9
- Owner occupied2,260
- Renter occupied1,449 plus or minus 297
- Ownership rate60.9 percent
- Median owner-occupied home value$232,600
- Median gross rent, monthly$1,137
- Annual rent as a share of median income22.1 percent
- Single family units2,318
- Share single family57.1 percent
- Units in buildings of two or more1,724 plus or minus 348
- Share in buildings of two or more42.4 percent
- Mobile homes21 plus or minus 34
- Median year structure built1959
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Summit
How Summit gets to work
- Workers 16 and over who commute4,410
- Commuting under 15 minutes650 plus or minus 246
- Share commuting under 15 minutes14.7 percent plus or minus 5.4
- Commuting 30 minutes or more2,096
- Share commuting 30 minutes or more47.5 percent
- Drove alone65.2 percent
- Carpooled17.7 percent plus or minus 5.8
- Public transport8.8 percent plus or minus 4.9
- Walked1.4 percent plus or minus 1.4
- Worked from home5.2 percent plus or minus 1.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Summit
SBA loans in Summit (7(a))
- Approvals3
- Gross approval$677,000
- Average approval$225,667
- Median approval$152,000
- Largest approval$500,000
- Jobs supported28
- Jobs per approval9.3
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS3
Counted by borrower city: approvals to borrowers whose address is in Summit, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Summit
SBA loans in Summit (504)
- Approvals1
- Gross approval$342,000
- Average approval$342,000
- Median approval$342,000
- Largest approval$342,000
- Jobs supported4
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Summit, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Summit
Flood risk in Summit
- NFIP communityVillage of Summit
- NFIP community number170167
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date08/19/08
The Village of Summit participates in the National Flood Insurance Program as community 170167 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Cook County, not Summit
Cook County context, not Summit figures
- Establishments in Cook County134,513
- Covered employment, Cook County2,565,567
- Average annual pay, Cook County$86,931
- Housing units permitted, Cook County6,507
Every figure in this section is published for Cook County as a whole and is not a measurement of Summit.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Summit questions, answered from the record.
How many people live in Summit, Illinois?
10,846, in 3,709 households. Summit village covers 2.12 square miles of land, which is 5,119 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Summit in?
Cook County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Summit?
$61,863. The median owner-occupied home is valued at $232,600. Median gross rent is $1,137 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Summit businesses?
3 7(a) approvals totaling $677,000 since FY2020, across 3 lenders, median approval $152,000, plus 1 504 approvals worth $342,000 since FY2010. These count approvals to borrowers whose address is in Summit, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Summit borrowers get paid back?
No rate is published for Summit. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Summit in the National Flood Insurance Program?
Yes. Summit appears in the FEMA Community Status Book as Summit, village of, community 170167, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Summit figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Cook County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Summit.
Is zoning published for Summit?
No. Nothing on this page presents parcel level zoning.