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$760,000
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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
Full Property Details
Full Property Details for 2702 N 74th Ave
General
- Sold For: $760,000
- Taxes: $11,791 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12625970
- Added to Site: 46 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 8
Additional Information
- Equipment: Carbon Monoxide Detectors, Ceiling Fan(s)
- Other Features: School Bus Service, Commuter Bus, Commuter Train
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: Elmwood Park
- County: Cook
- Driving Directions: Diversey west of Harlem to 74th Avenue; south to home
School Information
- School District: 401
- Midd School District: 401
Heating & Cooling
- Heating Type: Natural Gas, Baseboard, Radiant
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Exterior Entry, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Windows: Screens
- Year Built: 1970
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Manufactured Home
- Model: 3-FLAT
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 31 x 126
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1970
- Tax Amount: $11,791.09
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 12254030500000
Listed by United Real Estate - Chicago
Sold by @properties Christie's International Real Estate
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Schools
Schools serving 2702 N 74th Ave
School District:Elmwood Park Community Unit School District 401
| Name | Grades | Distance |
|---|---|---|
John Mills Elementary School 2824 North 76th Avenue, Elmwood Park, IL 60707 | 1-6 | 0.3 mi |
Elm Middle School 7607 West Cortland Street, Elmwood Park, IL 60707 | 7-8 | 1.1 mi |
Elmwood Park High School 8201 West Fullerton Avenue, Elmwood Park, IL 60707 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2702 N 74th Ave
Date
Details
Price
Change
Source
5/20/2026
Sold
$760,000
2.84%
MLS
4/21/2026
Listed
$739,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2702 N 74th Avenue, Elmwood Park, IL 60707 (MLS# 12625970) is a Multi-Family property that was sold at $760,000 on May 20, 2026. Want to learn more about 2702 N 74th Avenue? Do you have questions about finding other Multi-Family real estate for sale in Elmwood Park? You can browse all Elmwood Park real estate or contact a Coldwell Banker agent to request more information.

