2702 N 74th Avenue, Elmwood Park, IL 60707
Local realty services provided by:ERA Naper Realty
2702 N 74th Avenue,Elmwood Park, IL 60707
$739,000
- 8 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: rudy gandy
Office: united real estate - chicago
MLS#:12625970
Source:MLSNI
Price summary
- Price:$739,000
About this home
Turnkey investment opportunity in the heart of Elmwood Park! This solid, well-maintained 3-flat at 2702 N 74th Ave is perfect for both savvy investors and owner-occupants-rent out two units and live comfortably in the third while generating steady income. Each unit offers a functional layout with great natural light, and the property has been well cared for over the years. The 1st and 2nd floor units feature 3 generously sized bedrooms, 1 full bath plus a half bath, spacious living and dining rooms, and well-appointed kitchens. Beautiful hardwood floors run throughout, adding warmth and character. The 2nd-floor unit was tastefully renovated in 2017, enhancing its modern appeal and rental potential. The garden unit includes 2 bedrooms, a comfortable living room, dining area, kitchen, and a full bathroom-ideal for additional income or flexible living arrangements. Tenants will appreciate the shared laundry area in the lower level, equipped with two sets of washers and dryers, accepting both coin and credit card charge for added convenience. The property also features newer windows, improving energy efficiency and overall comfort. If fully rented, this property has the potential to generate up to $79,000 in annual income, making it an exceptional opportunity for investors seeking strong cash flow. Situated on a quiet residential street with easy access to shopping, dining, public transportation, and major highways, this is a prime location for tenants and owners alike. Whether you're expanding your portfolio or looking to afford your mortgage, this versatile, income-producing property is a must-see!...
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Home facts
- Year built:1970
- Listing ID #:12625970
- Updated:April 23, 2026 at 11:02 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
- Full bathrooms:3
- Half bathrooms:2
- Rooms Total:16
- Basement:Yes
- Basement Description:Finished, Full
Heating and cooling
- Heating:Baseboard, Natural Gas, Radiant
Structure and exterior
- Roof:Asphalt
- Year built:1970
- Foundation Description:Concrete Perimeter
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$739,000
- Tax amount:$11,791 (2024)
Features and amenities
- Amenities:CO Detectors, Ceiling Fan(s)
Parking
- Total parking spaces:2
- Parking description:Detached Garage, Garage
- Garage:Yes
- Garage spaces:2
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