2601 N 74th Ave

Elmwood Park, IL 60707
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2 bd, 2 ba | 1,350 sqft | Built in 1950

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List Price
$265,000

Initial Investment

$72,213

Purchase Price

$265,000

Down Payment

25%

Rent

$2,250

Total Return

$71,255

Annualized Return

14.2%

Cap Rate

5.0%

Gross Yield

10.2%

Cash Flow

-$2,137

Appreciation

5.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

ATTENTION,ATTENTION, ATTENTION,ATTENTION??????? Builders and Contractors 50FT X. 125 Lot With 2Car Garage, a large parking pad for 3 vehicles and a nice size back yard.Home is in need of a full interior remodel, but has some great benefits. New electric & copper piping .Easily add a 2nd floor addition to the home Approx. 1,300 sq ft plus a full basement call for a showing sal 312 6188326

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NEIGHBORHOOD

SCHOOLS

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Jake Fugman
eXp Realty - Jake Fugman - Axon Group

Annual Financial Highlights

Expected Rent

$25,650

Expenses

-$4,871

Property Taxes

-$8,510

Loan Payments

-$14,407

Net Cash Flow

-$2,137

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

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From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:Salvatore Faso
Agent License 471009864
Chicagoland Brokers Inc.
Certified Agent Brokerage:Jake Fugman
eXp Realty - Jake Fugman - Axon Group
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12273727
Last Updated: 01/20/2025 16:01
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively 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. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.