NOT LISTED FOR SALE

1827 Gunderson Ave Berwyn, IL 60402

7 Beds
3 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold May 15, 2019

Last sale price $355,000

5 Days on Market

Highlights

  • Fenced Yard
  • Paved or Partially Paved Lot
  • Senior Tax Exemptions
  • 2 Car Detached Garage

About This Home

As of May 2019

Don't miss the opportunity to own this beautiful all-brick 3-flat in the bustling heart of desirable North Berwyn! The second and third floor units both feature oversized eat-in kitchens, light & bright living rooms & separate dining areas as well as 3 spacious bedrooms and one full bath. The 3rd floor unit was previously owner-occupied and is currently vacant, impeccably maintained and updated with beautiful granite in the kitchen - ready for a new owner to move in or take on an additional tenant! The 1st level garden unit is a 1-bed, 1-bath with a spacious living room and eat-in kitchen. The lower level also features a coin-laundry for residents. The garden unit and 2nd level are currently rented by long-term tenants at $700 and $1200/month respectively, with market rent for the vacant 3rd floor unit at $1200 for a gross rental income of $3,100.The two car garage can also be rented for an addition $100/month per parking space, plus ample street parking. Make an appointment today!!

Last Agent to Sell the Property

Frances Glatfelter

@properties Christie's International Real Estate License #475166625 Listed on: 03/20/2019

@properties Christie's International Real Estate

Co-Listed By

Denise VanDahm-Tazelaar

Baird & Warner License #471020303

Last Buyer's Agent

Juana Fuentes

Exclusive Living, Inc License #471006359

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,139

Year Built

  • Built in 1926

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 30' x 125'
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House

Schools

  • Prairie Oak Elementary School
  • Lincoln Middle School
  • J Sterling Morton West High Scho

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • 3 Units

Building Details

  • Fuel Expense $600
  • Insurance Expense $1,800
  • Maintenance Expense $100
  • Water Sewer Expense $2,400
  • Gross Income $37,200
  • Net Operating Income $35,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,139

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1926
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, English
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Range Hood
  • MRD_AppliancesAndFeatures: Refrigerator,Dishwasher,Window Air Conditioner,Range Hood,Cooktop,Oven/Built-in

Exterior Features

  • List Price: 349900
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Radiator(s)
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 2400

Schools

  • Elementary School: PRAIRIE OAK SCHOOL
  • High School: J STERLING MORTON WEST HIGH SCHO
  • Middle/Junior School: LINCOLN MIDDLE SCHOOL
  • Middle/Junior School District: 98

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.09
  • Lot Dimensions: 30' X 125'
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 35900
  • Fuel Expense: 600
  • Insurance Expense: 1800
  • GrossIncome: 37200
  • Maintenance Expense: 100
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 2139
  • Tax Year: 2017
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Range of Values:

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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 Change Sq Ft Price
05/15/2019 05/15/19 Sold $355,000 +1.5% --
03/25/2019 03/25/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $349,900 -- --
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: 10315594

Midwest Real Estate Data (MRED)