Home Highlights
Parking
Garage
Outdoor
Patio
Climate Control
Radiant, Natural Gas Heating
Listed
45 days ago
Local Information
- Map ViewExplore the area around 5441 S 74th Ave.
- Schools1 Preschool School4 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
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.
Last check for updates: about 24 hours ago
Listing courtesy of: Slawek Rachmaciej, (847) 903-2924
Exit Realty Redefined
Source: MRED as distributed by MLS GRID, MLS#12705339
Also Listed on EXIT Realty broker feed, MRED as distributed by MLS GRID.
Home Details for 5441 S 74th Ave
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MLS Status: Contingent |
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Interior Details Basement: Finished,Walk-Up Access,FullNumber of Rooms: 11 |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 3 |
Heating & Cooling Heating: Natural Gas,Baseboard,Radiator(s)Has HeatingHeating Fuel: Natural Gas |
View No View |
Security Security: Carbon Monoxide Detector(s) |
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Exterior Home Features Roof: AsphaltPatio / Porch: PatioFencing: FencedOther Structures: Second GarageFoundation: Concrete Perimeter |
Parking & Garage Number of Garage Spaces: 2.5Number of Covered Spaces: 2.5Has a GarageNo Attached GarageHas Open ParkingParking Spaces: 2.5Parking: Garage Door Opener,Yes,Garage Owned,Detached,Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 45 |
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Year Built Year Built: 1955Year Renovated: 2026 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Georgian |
Building Construction Materials: BrickNot a New ConstructionNo Additional ParcelsNot Habitable Residence |
Property Information Parcel Number: 18124160070000 |
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Price List Price: $449,900 |
Status Change & Dates Possession Timing: Close Of Escrow, Immediate |
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Direction & Address City: Summit |
School Information Elementary School District: 104Jr High / Middle School District: 104High School: Argo Community High SchoolHigh School District: 217 |
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Listing Agent Listing ID: 12705339 |
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Community Features: Sidewalks |
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Lot Area: 5662.8 sqft |
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Special Conditions: None |
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Contingencies: Attorney/Inspection |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 12705339Zillow Contingency Status: Under ContractAttribution Contact: (847) 903-2924 |
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SidewalksSource Internet Consumer CommentSource Internet Entire Listing DisplayMRD IDX Comments Reviews: NoMRD Listing On IDX Display: YesMRD AVM On IDX Display: YesMRD Address On VOW Display: YesSource Internet Automated Valuation DisplayMRD Price History On IDX Display: YesMRD Market Time On IDX Display: YesSource Internet Address DisplayMRD REMARKSINTERNET: YesMRD Remarks On VOW Display: Yes |
Around this home
What Locals Say about Summit
At least 61 Trulia users voted on each feature.
91 % Say there are sidewalks
84 % Say yards are well-kept
82 % Say it's dog friendly
81 % Say it's walkable to restaurants
77 % Say it's walkable to grocery stores
72 % Say streets are well-lit
71 % Say there's holiday spirit
70 % Say kids play outside
69 % Say it's quiet
65 % Say car is needed
65 % Say people would walk alone at night
54 % Say they plan to stay for at least 5 years
53 % Say parking is easy
43 % Say neighbors are friendly
36 % Say there are community events
30 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
Market trends in Summit
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
—
Available listings
11
3MoM
Home Value
Trulia Estimate
$435KSince last month
Decreased$5K (-1.2%)Since last year
Increased$158K (+56.5%)Since last sale
Increased$277K (+174.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +165% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $436K |
| July 2026 | $442K |
| June 2026 | $292K |
| May 2026 | $291K |
| April 2026 | $287K |
| March 2026 | $277K |
| February 2026 | $270K |
| January 2026 | $264K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.35 | Multi-Family Home | $365,000 | 03/12/26 | 5 | 3 | - | |
0.26 | Multi-Family Home | $345,000 | 12/09/25 | 5 | 2 | - | |
0.30 | Multi-Family Home | $409,000 | 01/09/26 | 5 | 2 | - | |
0.19 | Multi-Family Home | $550,000 | 08/11/26 | 7 | 4 | - | |
0.37 | Multi-Family Home | $440,000 | 06/18/26 | 4 | 3 | - | |
0.38 | Multi-Family Home | $440,000 | 11/03/25 | 5 | 3 | - | |
0.67 | Multi-Family Home | $250,000 | 04/09/26 | 4 | 2 | - | |
0.06 | Multi-Family Home | $325,000 | 03/23/26 | 4 | 2 | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $499,900 | 5 | 2.5 | 2,400 | For Sale | |
0.04 | $318,700 | 3 | 2 | 1,257 | Off Market | |
0.03 | $484,200 | 5 | 3 | 2,817 | Off Market | |
0.08 | $420,600 | 5 | 3 | - | Off Market | |
0.10 | $364,600 | 4 | 3 | - | Off Market | |
0.06 | $379,000 | 4 | 3 | 1,150 | For Sale | |
0.06 | $325,000 | 4 | 2 | - | Recently Sold | |
0.11 | $530,600 | 5 | 3 | 2,974 | Off Market | |
0.12 | - | - | - | - | Off Market | |
0.10 | $373,100 | 4 | 2 | - | Off Market | |
0.08 | $460,600 | 7 | 3 | - | Off Market | |
0.14 | $407,100 | 6 | 2.5 | - | Off Market |
Price and Tax history
| Date | Event | Price |
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Aug 25, 2026 Source: MRED as distributed by MLS GRID #12705339 | Contingent | $449,900 |
Jul 15, 2026 Source: MRED as distributed by MLS GRID #12705339 | Listed For Sale | $449,900 |
Sep 4, 2003 Source: N/A | Sold | $159,000 |
Feb 20, 2001 Source: N/A | Sold | $120,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $7,497 | $260,000 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Slawek Rachmaciej, Exit Realty Redefined
Agent Phone: (847) 903-2924
Based on information submitted to the MLS GRID as of 2026. 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. Click here for more information
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Frequently asked questions about 5441 S 74th Ave
- What is the estimated monthly payment for 5441 S 74th Ave?Based on a $449,900 list price with 20% down at today's rates, the estimated monthly payment for 5441 S 74th Ave in Summit, IL is approximately $3,190 (about $2,369 principal & interest, $746 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Summit?Residents describe Summit, IL as pedestrian-friendly, well-kept, and dog-friendly. See homes for sale in Summit, IL.
- What are the closest schools to 5441 S 74th Ave?The closest schools to 5441 S 74th Ave in Summit, IL are Argo Community High School (rated 6/10), Dr Donald Wharton Elementary School (rated 8/10), Heritage Middle School (rated 6/10).
- What is 5441 S 74th Ave estimated to be worth?Trulia's estimated value for 5441 S 74th Ave in Summit, IL is $434,800.
5441 S 74th Ave, Summit, IL 60501 is a 4 bedroom, 2 bathroom multi-family built in 1955. This property is currently available for sale and was listed by MRED as distributed by MLS GRID on Jul 15, 2026. The MLS # for this home is MLS# 12705339.