NOT LISTED FOR SALE

1645 Elmwood Ave Berwyn, IL 60402

30 Beds
15 Baths
-- Sq Ft
1945 Built

Last Sold January 27, 2022

Last sale price $470,000

4 Days on Market

About This Home

As of January 2022

BRICK 5-UNITS APT BLDG. CLEAN AND WELL MAINTAINED. ALL 4 RMS,2BDRMS + 1BTH. 5 REFRIG. SEP GAS + ELEC. COIN LAUNDRY . CHARMING VINTAGE BLDG THAT'S AFFORDABLE! BERWYN COMPLIANCE READY. PRICED TO SELL. MOTIVATED SELLER.

Last Agent to Sell the Property

Michael Carr

GMC Realty LTD License #471017461 Listed on: 11/12/2021

Last Buyer's Agent

Bill Ryan

Ryan Real Estate Services, LLC License #471021264

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,135

Year Built

  • Built in 1945

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 30 Bedrooms
  • 15 Bathrooms

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Radiator
  • Heating System Uses Gas

Additional Features

  • 3-Story Property
  • Lot Dimensions are 39 x 125

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $375
  • Fuel Expense $2,300
  • Insurance Expense $2,800
  • Trash Expense $700
  • Water Sewer Expense $4,200
  • Operating Expense $20,632
  • Gross Income $61,200
  • Net Operating Income $40,568

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,135

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1945
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,Show-Call Owner
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 15
  • Total Bedrooms: 30
  • Possible Use: Multi-Family
  • Fireplaces: 1
  • Refrigerators: 5
  • Ranges: 5
  • Number of Washers: 1
  • Room: 4
  • Room: 4
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Block
  • Foundation Details: Concrete Perimeter
  • List Price: 489000
  • Exterior Building Type: Brick
  • Roof Structure: Flat

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Utilities: Water-Municipal
  • Heat/Ventilation: Central Bldg Heat,Gas,Radiators
  • Leased Washer Dryer YN: No

Fee Information

  • Trash Expense: 700
  • Water Sewer Expenses: 4200
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 39 X 125
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 40568
  • Fuel Expense: 2300
  • Insurance Expense: 2800
  • ElectricExpense: 375
  • GrossIncome: 61200
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 20632
  • Expense Year: 2020
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 10135
  • Tax Year: 2020

Range of Values:

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Sold Price
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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
01/27/2022 01/27/22 Sold $470,000 -3.9% --
11/17/2021 11/17/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $489,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11269419

Midwest Real Estate Data (MRED)