2702 N 74th Avenue, Elmwood Park, IL

$739,000

Overview

  • 379413
  • Property ID
  • Updated On:
  • April 24, 2026
  • 8
  • Bedrooms
  • 5
  • Bathrooms

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

Bathrooms
3+
Bedrooms
5+
Climate Control
Heating
Garden
Yes
Parking
Garage
Other Features
Asphalt
Baseboard
Brick
Ceiling Fan(s)
CO Detectors
Concrete Perimeter
Curbs
Detached
Garage Door Opener
Garage Owned
Lake Michigan
Natural Gas
Patio
Public Sewer
Radiant
Screens
Sidewalks
Street Lights
Street Paved

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$3,789.00
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 2,865.25

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Information for the property at 2702 N 74th Avenue, Elmwood Park, IL, 60707 (Property ID: 379413) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi