NOT LISTED FOR SALE

1637 S Harlem Ave Berwyn, IL 60402

30 Beds
15 Baths
4,693 Sq Ft
5,440 Sq Ft Lot

Last Sold October 07, 2021

Last sale price $635,000 $135 Per Sq Ft

18 Days on Market

Highlights

  • Laundry Room
  • Storage Room
  • Heating System Uses Steam

About This Home

As of October 2021

Pristine 5-unit apartment building is located within walking distance to Jefferson Elementary & Lincoln Middle Schools, shops, supermarket, restaurants, and public transportations. All 5-unit apartment features spacious living rooms/kitchens with breakfast areas and bedrooms, mostly hardwood floors, and rock star tenants! All expensive improvements included 2011 wall AC units, 2011 Steamed Water Boiler, 2020 Water heater, 2011 Windows with Code Emergency Egresses, 2011 Roof, 2011 electrical panels & 400 AMP service line, 2011 Tuck-point, 2011 RPZ valve, 2011 Emergency lights, tile drain system! Owner pays heat, water, and scavenger. Tenants will pay for electric and cooking gas. There are 5 electric meters and 5 gas meters are located on the SW side of the building. The 5 tandem outdoor parking spaces can park up to 10 cars.

Last Agent to Sell the Property

Victoria Nguyen

eXp Realty License #475114301 Listed on: 07/12/2021

eXp Realty

Co-Listed By

Binh Tran

eXp Realty License #475195534

Last Buyer's Agent

Martha Silveyra

Re/Max Cityview License #475137199

Re/Max Cityview

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,682

Year Built

  • Built in 1959

Lot Details

  • 5,440 Sq Ft Lot
  • Lot Dimensions are 40x136
  • Property fronts an alley

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Pitched Roof

Interior Spaces

  • 4,693 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Laundry Room
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 30 Bedrooms
  • 15 Bathrooms

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Heating System Uses Steam
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $497
  • Fuel Expense $2,071
  • Insurance Expense $2,637
  • Maintenance Expense $130
  • Trash Expense $570
  • Water Sewer Expense $2,800
  • Operating Expense $21,387
  • Gross Income $64,900
  • Net Operating Income $43,513

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,682

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1959
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 15
  • Total Bedrooms: 30
  • Possible Use: Commercial
  • Basement Description: Partially Finished
  • Misc Inside: Storage Inside,Laundry Room
  • Fireplaces: 1
  • Dishwashers: 0
  • Refrigerators: 5
  • Ranges: 5
  • Number of Windows: 5
  • Number of Washers: 1
  • Room: 5
  • Room: 5
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Frontage Type: City Street, Alley Access, Paved
  • List Price: 650000
  • Exterior Building Type: Brick
  • Roof Structure: Pitched

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Service - 101 to 200 Amps
  • Heat/Ventilation: Heat Pump,Steam
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Association Fee Includes: None
  • Trash Expense: 570
  • Water Sewer Expenses: 2800
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.12
  • Lot Dimensions: 40X136
  • Lot Size Sq Ft: 5440
  • Zoning: MULTI
  • Land Amenities: Lighting/Exterior,Security Entrance,Sidewalks
  • Alternate Phone Number: (312) 493-3525

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 8
  • Tenancy Type: Leases,Month To Month

Building Info

  • BuildingAreaTotal: 4693
  • Building Unit Info: Smoke/Alarm Detector,Storage/Locker Area

Multi Family

  • Net Operating Income: 43513
  • Fuel Expense: 2071
  • Insurance Expense: 2637
  • ElectricExpense: 497
  • GrossIncome: 64900
  • Maintenance Expense: 130
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 21387
  • Expense Year: 2020
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 12682
  • Tax Year: 2019

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2021 10/07/21 Sold $635,000 -2.3% $135 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $650,000 -- $139 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11153320

Midwest Real Estate Data (MRED)