5441 S 74th Avenue, Summit, IL

$449,900

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6

Beds

0.13

Acres

About 5441 S 74th Avenue

Excellent Investment Opportunity - Beautifully Updated Brick Two-Flat with Finished Basement in Summit! Welcome to this beautifully updated and exceptionally well-maintained all-brick two-flat, ideally located in the heart of Summit. Whether you're looking to expand your investment portfolio or searching for an owner-occupied property with excellent income potential, this versatile building offers outstanding value, quality updates, and exceptional flexibility. The property features two spacious 2-bedroom, 1-bathroom apartments, each offering bright and inviting living areas, generously sized bedrooms, ample closet space, beautifully updated kitchens, modern bathrooms, durable engineered flooring throughout, and fresh interior paint. Both units and the basement have been thoughtfully renovated, creating move-in-ready living spaces with contemporary finishes and timeless appeal. The finished basement, offering approximately 800 square feet of additional living space, includes 2 additional bedrooms, 1 full bathroom, a dedicated laundry room, and abundant storage, providing exceptional flexibility for a variety of living arrangements. Buyers are encouraged to verify all intended uses with the Village of Summit. Additional improvements include a roof approximately seven years old, updated interior finishes throughout the property, and meticulous maintenance that provides peace of mind for years to come. Outside, you'll enjoy a fully fenced backyard, a spacious patio ideal for relaxing or entertaining, an oversized 2.5-car detached garage, and an additional parking pad accommodating up to two extra vehicles, providing ample off-street parking for residents and guests. Conveniently located with easy access to I-55, I-294, Harlem Avenue, Archer Avenue, Pace bus service, Metra commuter rail, Midway Airport, shopping, restaurants, parks, schools, and everyday conveniences, this location offers an easy commute to downtown Chicago and surrounding suburbs. Summit continues to attract both homeowners and investors thanks to its convenient location, strong rental demand, and excellent accessibility. The property offers a total of 6 bedrooms and 3 full bathrooms, making it an outstanding opportunity for owner-occupants, multigenerational living, or investors seeking long-term income potential. Combining quality updates, classic brick construction, abundant parking, and an exceptional location, this move-in-ready property is one you won't want to miss.

Features of 5441 S 74th Avenue

MLS® # 12705339
Price $449,900
Bedrooms 6
Bathrooms 0.00
Acres 0.13
Year Built 1955
Type Residential Income
Sub-Type Two to Four Units
Style Georgian
Status Contingent

Community Information

Address 5441 S 74th Avenue
Area Summit
City Summit
County Cook
State IL
Zip Code 60501

Amenities

Parking Spaces 3
Parking Garage Door Opener, Yes, Garage Owned, Detached, Garage
# of Garages 3
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Baseboard, Radiator(s)
Fireplace No
Has Basement Yes
Basement Finished, Walk-Up Access, Full

Exterior

Exterior Brick
Roof Asphalt
Foundation Concrete Perimeter

School Information

District 217
High Argo Community High School

Additional Information

Days on Market 41
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeExit Realty Redefined

Listing Map