Contact us: 563.441.1776
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
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 8
Bathrooms: 5
County: Cook
Listed By:
United Real Estate - Chicago
630-748-4660
MRED MLS
MLS ID: 12625970
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2702 N 74th Avenue, Elmwood Park, IL 60707.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $739,000 | $739,000 | $739,000 |
| Down Payment | $147,800 | $25,865 | $184,750 |
| Monthly Mortgage Amount | $3,497 | $4,350 | $4,492 |
| Taxes | $1028 | $1028 | $1028 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $325 | $0 |
| Monthly Estimated Total | $4,741 | $5,919 | $5,736 |
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 04/26/2026. The listing information on this page last changed on 04/26/2026. 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 Sun 04/26/2026 12:05:56 AM EST) or MRED MLS (last updated Sat 04/25/2026 11:58:07 PM EST) or SCWMLS (last updated Sat 04/25/2026 11:54:36 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sat 04/25/2026 10:15:22 PM EST) or Cedar Rapids MLS (last updated Sat 04/25/2026 10:45:02 PM EST) or NEIRBR MLS (last updated Sat 04/25/2026 11:58:40 PM EST) or ICAAR MLS (last updated Sat 04/25/2026 11:37:29 PM EST) or ECIMLS (last updated Sat 04/25/2026 11:44:11 PM EST) or RMLSA (last updated Sun 04/26/2026 12:00:57 AM EST) or Muscatine MLS (last updated Sun 04/26/2026 12:00:10 AM EST) or No Coast MLS (last updated Sun 04/26/2026 12:04:19 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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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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