$647,500
SOLD DEC 6, 2024

2521 N 75th Ave Elmwood Park, IL 60707

8 Beds
5 Baths
-- Sq Ft
1967 Built

Recently Sold

3% Above List Price

9 Days on Market

Highlights

  • Lower Floor Utility Room
  • Heating System Uses Steam
  • 3-minute walk to Central Park
  • Patio
  • Paved or Partially Paved Lot

About This Home

As of December 2024

Impressive jumbo, all-brick legal three-unit building strategically located steps from Metra station in sought-after area in Elmwood Park, with soaring rental demand. Garden unit has 2 spacious bedrooms, large living room, eat in kitchen & bath. 1st and 2nd units offer a layout tailored for modern comfort and ease of living with 3 roomy bedrooms, huge living room that opens to the dining room, large kitchen with breakfast nook and 1.5 bathrooms for ultimate convenience. Brand new copper water service installed from the city main line to water meter in building (October 2024)! Numerous updates throughout the last few years. Perfect for both seasoned investors and astute house hackers, this property offers incredible potential. Plus, coin operated laundry area located in rear of garden unit promises additional income streams. This is a golden opportunity not to be missed in the realm of real estate investment!! Brand new dish washers in 2 units (Sept 2024)!

Last Agent to Sell the Property

Israel Rivera

Illinois Real Estate Partners Inc License #475153126 Listed on: 10/22/2024

Illinois Real Estate Partners Inc

Last Buyer's Agent

Maureen Duffield

eXp Realty License #475206297

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,333

Year Built

  • Built in 1967

Lot Details

  • Lot Dimensions are 30 x 125
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Schools

  • Elmwood Park High School

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • Lake Michigan Water

Additional Features

  • Lower Floor Utility Room
  • Patio

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,333

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Year Built: 1967
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Room Type: Utility Room-Lower Level
  • Basement Description: Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 2
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 629900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric, Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • High School: Elmwood Park High School
  • Middle/Junior School District: 401

Lot Info

  • Lot Dimensions: 30 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 12333
  • Tax Year: 2023

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $647,500 +2.8% --
10/31/2024 10/31/24 Pending -- -- --
10/22/2024 10/22/24 For Sale $629,900 +24.7% --
08/10/2021 08/10/21 Sold $505,000 +1.0% --
06/27/2021 06/27/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $499,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12194599

Midwest Real Estate Data (MRED)