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2702 N 74th Avenue, Elmwood Park, IL 60707

$739,000
  • 2702 N 74th Avenue, Elmwood Park, IL 60707 Main Photo

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New to the Market New
BEDS8 BATHS5 full MLS#12625970
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 401

Property Description

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! HIGH and BEST Sunday 04/26/2026 thank you

2702 N 74th Avenue | MLS# 12625970

This multi-family property located at 2702 N 74th Avenue, Elmwood Park, IL 60707 is currently listed for sale with an asking price of $739,000. N 74th Avenue is located within the District 401 school district. Search Elmwood Park real estate on www.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Exterior Entry, Full
Garage: 2
Heating: Natural Gas, Baseboard, Radiant
Lot Size: 31 X 126
Roof Type: Asphalt
Taxes: $11,791
Year Built: 1970

Feature Descriptions

Exterior: Brick
Lot Dimensions: 31 X 126
Other Equipment: CO Detectors, Ceiling Fan(s)
Parcel#: 12254030500000
Parking: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 16
Township: Leyden
Water: Lake Michigan

Local Schools

School District: District 401

Listed By / Shown By

Listed By

Agency Name: United Real Estate - Chicago
Agency Phone: 630-748-4660

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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Estimated Payment

$ 4,554.89 per month $3,356.77 Principal & Interest $982.58 Property Tax $215.54 Homeowner's Insurance

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