5441 S 74th Ave

Summit, IL 60501

$449,900
Price
6
Beds
1,557 Sq. Ft.
$289 / Sq. Ft.
1,557
Sq. Ft.
$289
per Sq. Ft.
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Description

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...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.
  1. Listed by Slawomir Rachmaciej • Exit Realty Redefined
    P: (847)-903-2924 C: (847)-903-2924 slawekexitbroker@gmail.com

Property Details for 5441 South 74th Avenue

Area
Summit
Township
Lyons
Ownership
Fee Simple
Num Of Garage Spaces
2.5
Num Of Parking Spaces
2.5
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Baseboard, Radiator(s)
Architectural Style
Georgian
LISTING UPDATED: 07/16/2026 01:08 PM

Property Details for 5441 South 74th Avenue

StatusNew
MLS #12705339
Days on Market2
Taxes$7,497 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1955
Lot Size0.13 AC / 5,662 SF
CountyCook County
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Location

Listing Courtesy of Exit Realty Redefined
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Building Information for 5441 South 74th Avenue

Stories-Residences2Year Built1955Building Size-Lot Size0.13 AC / 5,662 SF

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$2,867 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,242

Property Taxes

$625

HOA Dues

$0

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Property Information for 5441 South 74th Avenue

General Information
School Information
  • Elementary School District: 104
  • High School District: 217
  • High School: Argo Community High School
  • Middle Or Junior School District: 104
Addtl Parking Information
  • Parking Details: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 11
  • Bedrooms Total: 6
  • Bedrooms (Below Grade): 0
  • Community Features: Sidewalks
  • Basement Type: Finished, Walk-Up Access, Full
  • Bedrooms Possible: 6
  • Basement Bathrooms: No
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Num of Baths: 3.0
Exterior Features
  • Fencing: Fenced
  • Patio And Porch Features: Patio
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
  • Other Equipment: CO Detectors, Ceiling Fan(s)
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2026
  • Built Before 1978: Yes
  • Age: 71-80 Years
  • Lot Size: Less Than .25 Acre
  • Lot Size Source: County Records
  • Lot Dimensions: 45X125
  • Total # Units in Building: 2.0
  • Other Structures: Second Garage
  • Waterfront: No
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: School Bus Service,Commuter Bus
  • South Coordinate: 5441
  • West Coordinate: 7400
  • 3 Br Un In Bldg: No
  • Conversion: N
  • Flood Zone: Unknown
Property and Assessments
  • Buyer Financing: Conventional, FHA, VA, Cash
  • Public Document Count: 1
  • Document Date: 2026-07-15T15:06:10
  • Photos Count: 61
  • Habitable Residence: No
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Additional Media Type 1: 3D Tour
Multi Family
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: none
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 0

Property History for 5441 South 74th Avenue

DateEvent & SourcePriceAppreciation
Jul 15, 2026

Listed (Active)

MRED #12705339

$449,900—
Sep 4, 2003

Sold (Public Record)

Public Record #123630437

$159,000—
DateEvent & SourcePrice
07/15/2026

Listed (Active)

MRED #12705339

$449,900
09/04/2003

Sold (Public Record)

Public Record #123630437

$159,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5441 South 74th Avenue

Taxable ValueLand$4,111Additions$21,889Total$26,000
Tax Record2023$7,018 ($585 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,484 SqFtAbove Grade Finished SqFt1,484 SqFtStories2Lot Size5,670 SqFtStyleSingle Family ResidenceYear Built1918CountyCOOKAPN18-12-416-007

Schools near 5441 South 74th Avenue

This home is within Argo Chsd 217 School District.
Rating
School
Type
Grades
Distance
W W Walker Elementary School
Public - K to 5
Walsh Elementary School
Public - K to 5
Dr Donald Wharton Elementary School
Public - K to 5
Heritage Middle School
Public - 6 to 8
Rating
School
Distance
W W Walker Elementary School
PublicK to 5

Walsh Elementary School
PublicK to 5

Dr Donald Wharton Elementary School
PublicK to 5

Heritage Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5441 South 74th Avenue, Summit, IL 60501

5441 South 74th Avenue is a multi-family home for sale in Summit, IL 60501. This property was listed for sale on July 15, 2026 by Exit Realty Redefined, it's currently listed at $449,900. It has been on the market for a total of 2 days and was last sold on September 4, 2003. This listing's school districts are Summit School District 104, Argo Chsd 217 School District. Nearby schools include W W Walker Elementary School, Walsh Elementary School and Dr Donald Wharton Elementary School. 5441 South 74th Avenue is a 6-bed, 3-bath, 1,557 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Exit Realty Redefined

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 07/16/2026 01:08 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.