1909 Wesley Ave Berwyn, IL 60402
Berwyn AreaEstimated payment $3,380/month
About This Home
Great Investment Opportunity in Berwyn! Well-maintained brick 2-unit building in a great location, conveniently close to schools, shopping, dining, and transportation. Both units are fully rented, providing immediate rental income, with tenants responsible for gas and the owner paying water. This low-maintenance property has had several important updates, including some windows, the roof, and the furnaces, all replaced in 2013. The building is in great overall condition and features a 2-car garage plus a full basement offering additional value-add potential. The basement may provide an opportunity to create a garden apartment-(buyer to verify all requirements, permits, and feasibility with the City of Berwyn). With solid rental income, low operating expenses, a desirable location, and room to further improve the property and increase its income potential, this is an opportunity investors won't want to overlook. Strong income. Great location. Low maintenance. Value-add potential. Make this a MUST SEE!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,095
Year Built
- Built in 1925
Parking
- 2 Car Detached Garage
- Parking Available
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 2 Bathrooms
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 33x126
- Heating System Uses Natural Gas
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $2,400
- Water Sewer Expense $3,600
- Gross Income $42,300
- Net Operating Income $26,205
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,747 | $31,000 | $6,237 | $24,763 |
| 2024 | $9,747 | $31,000 | $6,237 | $24,763 |
| 2023 | $8,006 | $31,000 | $6,237 | $24,763 |
| 2022 | $8,006 | $19,976 | $5,405 | $14,571 |
| 2021 | $7,625 | $19,976 | $5,405 | $14,571 |
| 2020 | $7,426 | $19,976 | $5,405 | $14,571 |
| 2019 | $7,677 | $18,614 | $4,885 | $13,729 |
| 2018 | $7,375 | $18,614 | $4,885 | $13,729 |
| 2017 | $7,973 | $20,766 | $4,885 | $15,881 |
| 2016 | $6,296 | $14,886 | $4,054 | $10,832 |
| 2015 | $6,179 | $14,886 | $4,054 | $10,832 |
| 2014 | $7,286 | $18,060 | $4,054 | $14,006 |
| 2013 | $6,387 | $20,435 | $4,054 | $16,381 |
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 |
|---|---|---|---|---|
| 09/18/2026 09/18/26 | For Sale | $449,900 | -- | -- |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Sheriffs Deed | -- | None Available | |
| Warranty Deed | $373,000 | Multiple | |
| Warranty Deed | $260,000 | Multiple | |
| Warranty Deed | $225,000 | Stewart Title | |
| Trustee Deed | $124,000 | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $298,400 | Purchase Money Mortgage | |
| Previous Owner | $247,000 | Commercial | |
| Previous Owner | $180,000 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12764346
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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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