BEDS5
BATHS2 full
MLS#12587760
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 401
Property 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 Features
Property Type: Multi Unit - Multiple
Basement: Unfinished, Full
Basement: Yes
Heating: Natural Gas, Forced Air
Lot Size: 0.11 Acres
Taxes: $6,960
Year Built: 1925
Feature Descriptions
Exterior: Vinyl Siding
Lot Dimensions: 40X125
Parcel#: 12362210240000
Parking: Yes, Other
Sewer: Public Sewer
Total Rooms: 10
Township: Leyden
Water: Public
Local Schools
School District: District 401
Listed By / Shown By
Listed By
Agency Name: GMC Realty LTD
Agency Phone: 630-994-3200
Shown By
Agent Name: Dale Williams
Agent Phone: Cell: (815) 519-2243
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 2,924.48 per month $2,203.02 Principal & Interest $580.00 Property Tax $141.46 Homeowner's InsuranceChange Payment Information
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2130 N 73rd Avenue | MLS# 12587760
This multi-family property located at 2130 N 73rd Avenue , Elmwood Park, IL 60707 is currently listed for sale with an asking price of $485,000. N 73rd Avenue is located within the District 401 school district. Search Elmwood Park real estate on dwilliams.gogambino.com today.