2334 N 74TH Avenue
Elmwood Park, IL 60707

Status: Sold
Multi Family
6 beds
0 baths
0 sq.ft
Listing Price: $449,888

About this home

Outstanding Elmwood Park ((Legal 2 unit)) with a finished basement. 2334 North 74th Avenue is a multi-family property that is in fantastic condition. The top floor is a 2 bed 1 bath rental unit leased for $1500 per month, that lease ends October of 2025. The 1st floor Owners unit is a 3-bed 2 bath unit and rental comps and or projections are at $1, 700 conservatively for that unit. . The property has beautiful hardwood floors throughout, Ceramic tiles in the kitchens and marble tiles throughout the bathrooms, Beautiful oak cabinets throughout the entire property. In the basement, there is a hookup for two sets of washers and dryers. Hot water tank electrical panels and your furnaces. The basement also has two storage units for the first and the second floors. The basement is nice and dry and gets zero water down there. The backyard is fully fenced in, has a beautiful a paver brick patio in three parking spots in the rear of the PVC fence. FYI: The rents from the 1st floor is a projection. ((The building is being sold as a Legal 2 Unit property)). The owner and the listing broker make no representation about the legality of the basement unit)).

Property details

Interior Features
Additional Rooms Utility Room-1st Floor, Utility Room-2nd Floor
Basement Description Finished
Basement Full
Bedrooms Count 6
Bedrooms Possible 6
Baths Count 4
Full Baths in Building Count 4
Total Rooms 15
Units
unit 1
Beds Total 3
Baths Total 2
Actual Rent 1700
Appliances And Features Stove, Refrigerator, Dishwasher
Full Baths Total 2
Lease Expiration Date OWNER
Rooms Total 6
Security Deposit NA
Tenant Pays All
Floor Number 1
Square Feet 1500
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1500
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date 10/24
Rooms Total 5
Security Deposit NA
Tenant Pays All
Floor Number 2
Square Feet 1200
unit 3
Beds Total 1
Baths Total 1
Appliances And Features Refrigerator
Full Baths Total 1
Lease Expiration Date NA
Rooms Total 3
Security Deposit NA
Tenant Pays None
Floor Number G
Square Feet 800
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1920
Parking Total 3
Exterior Building Type Vinyl Siding
Exterior Property Features Patio, Brick Paver Patio, Storms/Screens
Foundation Concrete Perimeter
Parking Features Off Alley, Alley Access
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Curbs, Sidewalks, Street Lights, Street Paved
Area Major Elmwood Park
Zoning Type MULTI
Corporate Limits Elmwood Park
Directions Harlem Ave to Fullerton to 74th ave south to Home
Equipment CO Detectors, Ceiling Fan(s), Multiple Water Heaters
Elementary School Elmwood Elementary School
Elementary Sch Dist 401
Heat/Fuel Natural Gas, Forced Air
High Sch Elmwood Park High School
High Sch Dist 401
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 401
Township Leyden
Property / Lot Details
Lot Dimensions 30X125
Lot Size Less Than .25 Acre
Other Structures Storage
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

ElectricExpense 792
Electric Expense Source Actual
Financing Conventional
Fuel Expense $1,620
Fuel Expense Source Actual
Gross Rental Income $3,200
Insurance Expense $1,461
Insurance Expense Source Actual
Net Oper Income $38,400
Rental Income 3200
Scavenger Expense $1,200
Investment Profile Residential Income
Water Expense $1,310

Tax/Assessments/Liens

PIN 12362030200000
Special Assessments N
Taxes $8,424
Tax Exemptions Homeowner, Senior
Tax Year 2021
$449,888 Listing Price:
MLS # 11950937
Investment Profile Residential Income
Listing Market Time 59 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking Space/s
List Date 01/09/2024
Year Built 1920
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