Contact us: 563.441.1776
Description
Turnkey investment opportunity in the heart of Elmwood Park! This well-maintained legal 2-unit building , on 40x125 lot and is fully rented, producing strong and stable income from day one. Both units feature modern renovations, making this an ideal property for investors seeking a low-maintenance asset with significant recent capital improvements. Extensive permitted capital improvements during ownership have been completed, including a rear deck (6 months old), roof (3 years old), two water heaters (3 years old), newer windows, new garage (4 years old), new rear concrete walkways (4 years old), and a new exterior cleanout. Unit 1 is a freshly remodeled 3-bedroom, 1-bath featuring refinished hardwood floors, quartz countertops, new appliances, a fully remodeled bathroom, fresh paint, and canned lights. Unit 2 is a 2-bedroom, 1-bath unit with hardwood floors throughout and has also been recently remodeled, offering updated finishes and strong rental appeal. The unfinished basement offers possibility to duplex down to the first floor (buyer to verify) or create additional living space. Separated electric and gas, helping maximize investor returns. Additional income is generated from coin laundry in the basement and 2-car garage plus 2 additional exterior parking spaces. With solid in-place income, modernized units, and future upside, this property is an excellent opportunity for investors in a highly desirable Elmwood Park location.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 5
Bathrooms: 2
County: Cook
Listed By:
GMC Realty LTD
630-994-3200
MRED MLS
MLS ID: 12587760
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2130 N 73rd Avenue , Elmwood Park, IL 60707.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $485,000 | $485,000 | $485,000 |
| Down Payment | $97,000 | $16,975 | $121,250 |
| Monthly Mortgage Amount | $2,264 | $2,779 | $2,948 |
| Taxes | $675 | $675 | $675 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $213 | $0 |
| Monthly Estimated Total | $3,080 | $3,808 | $3,764 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/10/2026. The listing information on this page last changed on 03/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/10/2026 1:01:15 AM EST) or MRED MLS (last updated Tue 03/10/2026 12:53:54 AM EST) or SCWMLS (last updated Mon 03/09/2026 11:54:54 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 03/09/2026 10:16:42 PM EST) or Cedar Rapids MLS (last updated Mon 03/09/2026 10:44:24 PM EST) or NEIRBR MLS (last updated Tue 03/10/2026 12:58:49 AM EST) or ICAAR MLS (last updated Mon 03/09/2026 11:37:35 PM EST) or ECIMLS (last updated Mon 03/09/2026 11:44:26 PM EST) or RMLSA (last updated Tue 03/10/2026 12:51:04 AM EST) or Muscatine MLS (last updated Tue 03/10/2026 1:00:31 AM EST) or No Coast MLS (last updated Tue 03/10/2026 12:44:28 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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