2702 N 74th Avenue
Elmwood Park, IL, 60707 $ 739,000
Bedrooms8 Baths5.2 Sq 2,590 Monthly Estimate*
$ 4,550
for $739,000 with 8 bedrooms and 5 full baths, 2 half baths. This 2,590 square foot home was built in 1970.
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!
See more
FeaturesExteriorModel 3-FLAT
Parking Features Garage Door Opener Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 31 X 126
Waterfront Y/N N
Other Equipment CO Detectors Ceiling Fan(s)
See more
GeneralSewer Public Sewer
Heating Natural Gas Baseboard Radiant
Possession Closing
Roof Asphalt
Zoning MULTI
Garage Spaces 2
Construction Materials Brick
Year Built 1970
Township Leyden
Tax Year 2024
Ownership Fee Simple
Community Features Curbs Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 16
Status New
Directions Diversey west of Harlem to 74th Avenue; south to home
City Elmwood Park
High School District 401
MLS Area Elmwood Park
Tax Annual Amount 11791.09
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 401
Elementary School District 401
See more
InteriorBasement Finished Exterior Entry Full
Total Bedrooms 8
Total Baths 5
Bedrooms Possible 8
Full Baths Building 3
Half Baths Building 2
Total Number of Units 3
See more
* Excluded FeaturesList ByUnited Real Estate - ChicagoBroker
Affordability Calculator
- Monthly Principal & Interest
- $4,550
- Monthly Property Taxes
- $983
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Elmwood Park, IL
Average List Price $662,670
Percent of Sale Price 10%
About Elmwood Park, IL 25,304 Population
0% Since 2002
$ 55,312 Median Income
40.03 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
566703 Elementary School
567848 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/22/2026 | $739,000 | | Listed Price |