The median home value in Elmwood Park, IL is $290,000.
This is
higher than
the county median home value of $285,000.
The national median home value is $308,980.
The average price of homes sold in Elmwood Park, IL is $290,000.
Approximately 62% of Elmwood Park homes are owned,
compared to 32% rented, while
6% are vacant.
Elmwood Park real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Elmwood Park real estate agent to arrange a tour today!
Learn more about Elmwood Park.
This one-of-a-kind investment opportunity is located in the heart of Elmwood Park's bustling downtown. The property is a mixed-use building with 100 percent occupancy that offers incredible potential for investors. Upstairs, there are two fully rehabbed residential units, each featuring 2 BED/ 1 BATH with in-unit washer/dryer. Both units are fully occupied, with tenants responsible for their own gas and electricity, ensuring consistent and reliable rental income. The downstairs commercial storefront is currently utilized as a cafe and gaming room, providing a dynamic and popular space for the community. The commercial tenant is responsible for water, gas, electricity, and repairs. Tenant is open to extending their lease for an additional 5 to 10 years, offering a secure and stable long-term investment opportunity. Additionally, there is an extra commercial space that is currently leasing as a banquet facility or venue, complete with its own separate PIN number, address and entrance. The basement provides ample storage space, adding further convenience and functionality to the property. The building also features an outdoor courtyard and parking, which make it ideal for hosting events such as private parties or other gatherings. These features add further value and versatility to the space. The landlord is responsible for paying property taxes, while the current setup minimizes other maintenance responsibilities, creating a low-effort yet profitable investment opportunity. With its prime location, multiple revenue streams, and endless potential, this building is truly a gem. Don't miss your chance to own this remarkable property and take advantage of its many possibilities.
Explore this fantastic property with our 3D Walk-Through! Located in the desirable Elmwood Park area, this spacious office space offers endless possibilities. With a generous interior spanning 3,595 square feet and a sizable land space of 6,250 square feet, this property was formerly utilized as the Carpenter's Union office. Inside, you'll find two large open rooms separated by doors, one featuring a fully updated kitchen and the other offering separate enclosed offices. Additionally, there are two bathrooms and a large storage/utility room for added convenience. Two back doors provide easy access to both sides of the office, while the huge parking lot in the rear of the building can accommodate multiple cars. This property presents a unique opportunity for either updating to suit your needs as an amazing office space or considering redevelopment for multi-family use. Situated on highly visible Grand Ave, directly across from the Elmwood Park Train Station, this location offers prime exposure. Don't miss the chance to explore the potential of this property - schedule a viewing today! Sold AS-IS.
Great Income Investment opportunity! This Beautiful brick multifamily property located in the highly coveted neighborhood of Elmwood Park This impressive property features 2024 New Roof, six well-maintained units, Five of which offer two bedrooms and one bathroom. Each unit boasts gleaming hardwood or Newer Vinyl floors, appliances, some unit with new remodel kitchen and remodel Bathroom. Tenants have the convenience of on-site app laundry that also generates extra income for the owner along with 4 parking spots. The property is in a prime location near some of the best shopping and restaurants the neighborhood has to offer. The local schools are highly rated, providing a top-notch education for the children. With its prime location and exceptional features, this multifamily is an ideal option for those looking to invest in a profitable and growing neighborhood. Owner prefers to sell with 2650 N Harlem as a portfolio don't hesitate - contact us today to schedule a viewing and make this property yours!
Great Income Investment opportunity! This Beautiful brick multifamily property located in the highly coveted neighborhood of Elmwood Park This impressive property features six well-maintained units, Five of which offer two bedrooms and one bathroom. Each unit boasts gleaming hardwood or Newer Vinyl floors, appliances, some unit with new remodel kitchen and remodel Bathroom. Tenants have the convenience of on-site app laundry that also generates extra income for the owner along with 4 parking spots. The property is in a prime location near some of the best shopping and restaurants the neighborhood has to offer. The local schools are highly rated, providing a top-notch education for the children. With its prime location and exceptional features, this multifamily is an ideal option for those looking to invest in a profitable and growing neighborhood. Owner prefers to sell with 2646 N Harlem as a portfolio don't hesitate - contact us today to schedule a viewing and make this property yours!
A 5-unit brick building featuring long-term tenants. Each unit includes 2 bedrooms and 1 bathroom, with a spacious living room and kitchen. Units boast ample closets and hardwood floors throughout. The building offers coin laundry in the basement and additional storage space. Four units are currently rented below market value, with all tenants on a month-to-month lease except for one unit. One unit was newly remodeled. Recent updates include a hot water heater replaced in 2024, another in 2020, storage units in 2020, a sump pump in 2023, and all toilets in 2023. New windows to be installed October 1st 2024. The building is conveniently located within walking distance to the Metra and just minutes away from restaurants and shopping.
Located just west of the intersection at North and Harlem Avenues in Elmwood Park, this 3,300 square foot office condominium is available for sale. Part of the Cameo Towers Building, there are 178 residential units and 20 commercial units. This is the perfect opportunity to occupy one suite and benefit from the rental stream from the lease with H&R Block. Nearby retailers include Walgreens, Panera Bread, CVS, McDonald's, several restaurants and more. The Village of Elmwood Park is a unique residential and historical community with a number of commercial corridors and is located 13 miles from the City of Chicago.
Corner Location, Across from Metra on Busy Grand Ave. Newer Building with Parking and Great Exposure. Currently rented $2,800/month. Call for Easy Showings!
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