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5441 S 74th Avenue

Summit, IL 60501
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Bed 6

Bed

Bath 3

Bath

Acres0.13

Acre(Lot)

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 reno vated, 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $449,900

AD Id : 88076146

MLS Id : MRD12705339

Beds : 6

Lot Size : 0.13 Acre

Year Built : 1955

Garage : 2.5

County : Cook

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total Bedroom: 6

    Bathroom Information

    Total Baths: 3

    Room Information

    Rooms Total: 11

    Interior Features

    Roof: Asphalt

    Roofing Information

    Asphalt
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Natural Gas, Baseboard, Radiator(s) WaterSource: Lake Michigan, Public

  • Building Information

    Year Built: 1955

  • Lot Information

    Lot Dimensions: 45X125 Lot Acres: 0.13 Lot Size: Less Than .25 Acre

    Property Information

    Property Type: Residential Income Style: Georgian Sub Type: Two to Four Units

  • Listing Price Information

    Original List Price:$449900

  • Tax Information

    Annual Tax: $7497.42 Tax Year: 2024 Parcel Number: 18124160070000 Tax Exemption: Homeowner

  • Parking Information

    Total Parking: 2.5 Garage Door Opener, Yes, Garage Owned, Detached, Garage Is Parking Included in Price: Yes

    Garage Information

    Garage Space: 2.5

  • School Information

    Senior High School: Argo Community High School
  • Utility Information

    Sewer: Public Sewer Water Source: Lake Michigan, Public
  • Location Information

    City: Summit Direction: ARCHER AVE NORTH TO 74TH AVE TO 5441
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7614 W 63rd Place, Summit, IL, 60501 $259,999 3 2 1,290 1,290 SqFt
5317 S Hunt Avenue, Summit, IL, 60501 $379,900 4 2 1,144 1,144 SqFt
Undisclosed Address, Summit, IL, 60501 $419,000 5 2 1,236 1,236 SqFt
7610 W 60th Place, Summit, IL, 60501 $519,000 4 3 2,500 2,500 SqFt
5441 S Hunt Avenue, Summit, IL, 60501 $379,000 4 3 1,150 1,150 SqFt
6061 S 74th Court, Summit, IL, 60501 $219,900 4 1 965 965 SqFt
7320 W 58th Street, Summit, IL, 60501 $359,900 4 2 1,056 1,056 SqFt
5330 S 73rd Court, Summit, IL, 60501 $575,000 7 4 --
5445 S 73rd Avenue, Summit, IL, 60501 $349,700 3 2 1,753 1,753 SqFt
7600 W 60th Street, Summit, IL, 60501 $349,000 3 2 1,537 1,537 SqFt
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ByOwner last updated this listing 07/20/2026 @ 06:20

MLS: MRED #12705339 LISTED BY: Slawomir Rachmaciej, Exit Realty Redefined 773-250-7410 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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