Seller's Agent in 2022
Ray Loma
Inter Properties Inc
(773) 255-5877
43 Total Sales
1845 Grove Ave Berwyn, IL 60402
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
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
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
Average Home Value in this Area
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
-
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
Nearby Homes
- 1843 Clinton Ave
- 2125 Euclid Ave
- 1643 Kenilworth Ave
- 6618 19th St Unit 9
- 1914 East Ave
- 6710 Riverside Dr
- 2243 Kenilworth Ave
- 2233 Clinton Ave
- 1931 East Ave
- 1626 Home Ave
- 2246 Clinton Ave
- 2100 Scoville Ave
- 1528 Euclid Ave
- 1536 Clinton Ave
- 1648 Wisconsin Ave
- 1503 Grove Ave
- 1531 Wenonah Ave
- 1905 Gunderson Ave
- 1513 Clarence Ave
- 1618 Gunderson Ave
- 1931 Grove Ave Unit 209
- 1931 Grove Ave Unit 102
- 1931 Grove Ave Unit 305
- 1931 Grove Ave Unit 801
- 1931 Grove Ave Unit B4
- 1931 Grove Ave Unit 302
- 1931 Grove Ave
- 1931 Grove Ave Unit B2
- 1931 Grove Ave Unit 101
- 1931 Grove Ave Unit 202
- 1931 Grove Ave Unit B1
- 1931 Grove Ave Unit 208
- 1931 Grove Ave Unit 201
- 6813 W 21st Place Unit 1202
- 1929B Grove Ave Unit 304
- 1929B Grove Ave Unit 103
- 1929B Grove Ave Unit 104
- 1929B Grove Ave
- 1929B Grove Ave Unit 203
- 1919A Grove Ave Unit 34
Your Personal Tour Guide
Ask me questions while you tour the home.