NOT LISTED FOR SALE

1425 Grove Ave Berwyn, IL 60402

7 Beds
3 Baths
-- Sq Ft
1922 Built

Last Sold May 26, 2023

Last sale price $535,000

2 Days on Market

About This Home

As of May 2023

Welcome to this fully renovated brick 3-flat, where classic elegance meets modern comfort. Upgraded from top to bottom with quality and style, this property is ready for you to select your own tenants and begin cash-flowing, or you can live in one unit and rent the others. Each unit boasts a stylish and spacious layout, offering a unique blend of functionality and charm. Enjoy the high ceilings, all-new windows, abundant natural light, all-new modern kitchens with grey cabinets, stone counters and SS appliances with a large island great for entertaining, nicely upgraded baths featuring beautiful tile, vanities and fixtures. Sleek and durable plank flooring runs throughout each unit offering low maintenance upkeep. The building has been fully renovated with new electrical, plumbing, and HVAC systems, ensuring comfortable and worry-free ownership. Top floor unit features 3 beds/1 bath + finished rear porch; First floor unit offers 2 bed/1 bath with oversized living/dining room + finished rear porch and the garden unit is a 2 bed/1 bath with a shared laundry room. The nicely sized backyard provides a 2-car garage for additional rental income opportunity. Located on a quiet one-way street in North Berwyn close to major transportation, shopping, and dining, this property is both a renter's and owner's dream location with all conveniences of the suburbs in close proximity to downtown Chicago.

Last Agent to Sell the Property

Joseph Deardurff

Keller Williams ONEChicago License #475197605 Listed on: 04/20/2023

Keller Williams ONEChicago

Last Buyer's Agent

Rita Arriz

Realty of America, LLC License #475146809

Realty of America, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,939

Year Built

  • Built in 1922 | Remodeled in 2022

Lot Details

  • Lot Dimensions are 35x135

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Home Gym
  • Finished Basement
  • Natural lighting in basement
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,939

Year Built

Built in 1922 | Remodeled in 2022

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1922
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: Finished, Daylight
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Other Equipment: TV-Cable, CO Detectors
  • Room Type: Exercise Room
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 35X135
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7939.03
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2023 05/26/23 Sold $535,000 -2.7% --
04/23/2023 04/23/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $549,900 +83.3% --
08/13/2021 08/13/21 Sold $300,000 -3.2% -- View Prior Sale
07/16/2021 07/16/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $309,901 +72.2% --
06/12/2013 06/12/13 Sold $180,000 -5.0% -- View Prior Sale
04/15/2013 04/15/13 Pending -- -- --
03/24/2013 03/24/13 For Sale $189,500 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,376 $33,000 $5,394 $27,606
2024 $10,376 $33,000 $5,394 $27,606
2023 $8,336 $33,000 $5,394 $27,606
2022 $8,336 $20,800 $4,675 $16,125
2021 $7,939 $20,799 $4,675 $16,124
2020 $7,731 $20,799 $4,675 $16,124
2019 $7,333 $17,780 $4,195 $13,585
2018 $7,045 $17,780 $4,195 $13,585
2017 $6,827 $17,780 $4,195 $13,585
2016 $5,450 $12,885 $3,476 $9,409
2015 $7,400 $17,829 $3,476 $14,353
2014 $7,193 $17,829 $3,476 $14,353
2013 $5,948 $19,211 $3,476 $15,735
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11764187

Midwest Real Estate Data (MRED)
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