Isamar Gomez
Smart Home Realty
(888) 366-3032
60 Total Sales
7 in Berwyn
$215K - $391K Price Range
1845 Grove Ave Berwyn, IL 60402
Berwyn Area
6
Beds
4
Baths
--
Sq Ft
1947
Built
About This Home
As of November 2022*Spectacular Brick Gold Coast Investment Property! Very well-maintained reflecting pride of ownership, featuring THREE LEGAL UNITS: 1st floor unit offers 3 bedrooms (master suite), 2 full baths, updated kitchen, spacious living room and formal dining room, perfect unit for owner occupants. 2nd floor unit offers 2 bedrooms 1 bath and Garden unit has 1 bedroom, 1 bath. This building has been exceptionally maintained with newer radiant heat boiler, newer tuck pointing in front facade and garage, newer windows throughout including egress windows, brand new carpeting on front and back hallways, new sump pump and new hot water heaters. Two car brick garage with new roof! Coin operated laundry room. ***This is a true arm chair investment property with NO REHAB needed. CAP rate is over 8%, cash flow with 20% down is over $10k per year. ***STRONG CASH FLOW FOR THE RIGHT INVESTOR!!! You will not be disappointed!!! Building has passed City of Berwyn compliances updating all electrical boxes to 200 amp including emergency lighting in hallways. Outstanding location close to public transportation and shopping.
Last Agent to Sell the Property
Inter Properties Inc License #475129478 Listed on: 09/30/2022
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,528
Year Built
- Built in 1947
Parking
- 2 Car Detached Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 4 Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Utilities
- Heating System Uses Natural Gas
- Radiant Heating System
- Lake Michigan Water
Additional Features
- Ceiling Fan
- Lot Dimensions are 135x30
Community Details
Overview
- 3 Units
- Gold Coast Subdivision
Building Details
- Fuel Expense $1,380
- Insurance Expense $1,554
- Water Sewer Expense $2,072
- Gross Income $51,000
- Net Operating Income $36,466
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Berwyn, IL
-
Isamar Gomez
-
Melissa Stanley
Melissa Stanley
Baird & Warner
(888) 604-4093
46 Total Sales
1 in Berwyn
$227,500 Price
-
Michael Stangel
Michael Stangel
@properties Christie's International Real Estate
(224) 529-3109
104 Total Sales
2 in Berwyn
$320K - $425K Price Range
-
Israel Valadez
Israel Valadez
Realty of America, LLC
(855) 536-1959
44 Total Sales
4 in Berwyn
$130K - $384K Price Range
-
Edgar R. Guerrero
Edgar R. Guerrero
REMAX Legends
(855) 951-5250
129 Total Sales
3 in Berwyn
$169K - $415K Price Range
-
Erica Cuneen
Erica Cuneen
Beyond Properties Realty Group
(630) 757-8294
308 Total Sales
7 in Berwyn
$299K - $625K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| Francis Julia | $429,000 | None Listed On Document | |
| Chicago Title Land Trust Company | -- | Accommodation | |
| Cech Thomas G | $312,500 | Multiple | |
| Wiley Kenneth | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $250,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/10/2022 11/10/22 | Sold | $429,000 | -0.2% | -- |
| 10/20/2022 10/20/22 | Pending | -- | -- | -- |
| 10/19/2022 10/19/22 | For Sale | $429,900 | 0.0% | -- |
| 10/04/2022 10/04/22 | Pending | -- | -- | -- |
| 09/30/2022 09/30/22 | For Sale | $429,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $11,057 | $35,166 | $6,120 | $29,046 |
| 2024 | $11,057 | $35,166 | $6,120 | $29,046 |
| 2023 | $9,073 | $35,166 | $6,120 | $29,046 |
| 2022 | $9,073 | $22,638 | $5,304 | $17,334 |
| 2021 | $8,641 | $22,638 | $5,304 | $17,334 |
| 2020 | $9,528 | $25,633 | $5,304 | $20,329 |
| 2019 | $8,076 | $19,580 | $4,794 | $14,786 |
| 2018 | $7,758 | $19,580 | $4,794 | $14,786 |
| 2017 | $7,870 | $23,871 | $4,794 | $19,077 |
| 2016 | $5,952 | $16,568 | $3,978 | $12,590 |
| 2015 | $6,262 | $17,710 | $3,978 | $13,732 |
| 2014 | $6,109 | $17,710 | $3,978 | $13,732 |
| 2013 | $5,619 | $18,296 | $3,978 | $14,318 |
Source: Public Records
Agents Affiliated with this Home
-
Ray Loma
Seller's Agent in 2022
Ray Loma
Inter Properties Inc
(773) 255-5877
42 Total Sales
-
Toni Wardanian
Buyer's Agent in 2022
Toni Wardanian
RE/MAX
(773) 517-6248
56 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11642246
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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