$ 485,000
-
$485,000
Price -
5
Bed -
2
Bath -
0
SqFt
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About the Listing 23948 - 254830,250514
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.
Listing Highlights
Status
Pending
Days on Site
37
Property Type
Multi-Family
MLS ®
12587760
Year Built
1925
Total Square Footage
0
Lot/Acreage
40X125
Interior Details
- Bedrooms: 5
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Full
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 2
- Lot Dimensions: 40X125
- Zoning: MULTI
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Yes
Financial Details
- Tax Amount: $6,960
- Taxes w/Assessments: N/A
- Tax/Property ID: 12362210240000
- Tax Year: 2023
Payment Calculator
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Questions About..
2130 N 73rd Ave Elmwood Park, IL 60707
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