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Two to Four Units · Summit, IL
$449,900
6 beds · 3 baths
5441 S 74th Avenue, Summit, IL, 60501
A brick-and-mortar place to make your own — room to make it home.
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What’s special

2.5-car garage
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.
— the listing agent’s description

The home

6 beds
3 baths
Built in 1955
0.13-acre lot
2.5-car garage
Two to Four Units
Georgian

What it’ll cost

$7,497 taxes / yr
No HOA
11 days on dwello

Estimated monthly payment

$3,148/mo
Principal & interest$2,392
Property taxes$625
Homeowners insurance$131
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Tour this home

In person, on your schedule — a dwello agent meets you there.
WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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11 days on dwello
Price history
Listed for sale
Jul 15, 2026
$449,900
Property taxes
2025
Annual tax bill (MLS)
$7,497/yr
Assessed value
2025
County assessor
$26,000~$260,000 mkt
2024
$26,000~$260,000 mkt
2023
$26,000~$260,000 mkt
2022
$14,682~$146,820 mkt
2021
$14,682~$146,820 mkt
2020
$14,680~$146,800 mkt
2019
$17,035~$170,350 mkt
2018
$17,035~$170,350 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Natural GasBaseboardRadiator(s)BrickPublic SewerGarage Door OpenerYes

Schools

High — Argo Community High School
Assigned schools per the listing — always verify enrollment + boundaries with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Slawomir Rachmaciej · Exit Realty Redefined
Listing last updated Jul 25, 2026 · data refreshed from the MLS Jul 25, 2026, 6:08 PM CT
Based on information submitted to the MLS GRID as of Jul 25, 2026, 6:08 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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