NOT LISTED FOR SALE

6446 18th St Berwyn, IL 60402

10 Beds
5 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold January 22, 2024

Last sale price $625,000

8 Days on Market

About This Home

As of January 2024

5 newly renovated large 2bed/1baths in prime location. Units feature hardwood flooring, rehabbed bathrooms & kitchens with stainless steel appliances. Strong in place rent roll with room for increase. Perfect armchair investment. Steps to downtown Berwyn with restaurants, shopping & nightlife. Easy access to public transportation and 290 expressway.

Last Agent to Sell the Property

Mohammed A Khan

Westward360 RM License #475138371 Listed on: 11/01/2023

Last Buyer's Agent

April Moon

@properties Christie's International Real Estate License #475139031

@properties   Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,355

Year Built

  • Built in 1928

Lot Details

  • 3,920

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Utilities

  • Radiator
  • Radiant Heating System

Additional Features

  • 2-Story Property
  • Lot Dimensions are 33x124

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $1,268
  • Fuel Expense $6,754
  • Insurance Expense $3,500
  • Maintenance Expense $2,977
  • Trash Expense $2,570
  • Water Sewer Expense $1,343
  • Operating Expense $32,917
  • Gross Income $88,020
  • Net Operating Income $55,103

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,355

Year Built

Built in 1928

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1928
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: New Rehab
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5
  • Total Bedrooms: 10
  • Room: 0

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Indoor Parking: 1-5 Spaces

Utilities

  • Heat/Ventilation: Radiators,Radiant

Fee Information

  • Trash Expense: 2570
  • Water Sewer Expenses: 1343

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 33X124
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 55103
  • Fuel Expense: 6754
  • Insurance Expense: 3500
  • ElectricExpense: 1268
  • GrossIncome: 88020
  • Maintenance Expense: 2977
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 32917
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 13355
  • Tax Year: 2022
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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
01/22/2024 01/22/24 Sold $625,000 0.0% --
11/11/2023 11/11/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $625,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

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 $14,516 $46,167 $6,410 $39,757
2024 $14,516 $46,167 $6,410 $39,757
2023 $13,354 $49,001 $6,410 $42,591
2022 $13,354 $33,323 $5,555 $27,768
2021 $12,719 $33,321 $5,554 $27,767
2020 $15,481 $41,647 $5,554 $36,093
2019 $3,358 $8,141 $5,020 $3,121
2018 $3,226 $8,141 $5,020 $3,121
2017 $13,912 $36,231 $5,020 $31,211
2016 $11,326 $26,777 $4,166 $22,611
2015 $11,114 $26,777 $4,166 $22,611
2014 $10,803 $26,777 $4,166 $22,611
2013 $11,657 $32,500 $4,166 $28,334
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11922252

Midwest Real Estate Data (MRED)
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