NOT LISTED FOR SALE
7 Beds
4 Baths
-- Sq Ft
1910 Built

Sale Details

Date Sold: November 4, 2025

Last sale price $485,000

35 Days on Market

Highlights

  • 1 Car Detached Garage
  • 4-minute walk to Berwyn Station
  • 4-minute walk to Sunshine Park
  • Soaking Tub
  • Baseboard Heating

About This Home

As of November 2025

Investor's Dream ... Outstanding Investment Opportunity in Prime Berwyn Location! Solid brick 4-unit apartment building just steps from a Metra stop - perfect for commuters and close to public transit, shopping, dining, walking distance to Proksa Park and YMCA. All units feature functional layouts with long-term tenants, but kitchens and bathrooms are dated-offering excellent potential for future updates and rent increases. An ideal property for investors seeking to add value and boost cash flow over time. Don't miss this income-producing asset in a high-demand rental market with strong tenant retention and excellent upside! Unit Breakdown:(1) 3BR/1BA: leased through 6/2026 and features vinyl floor in kitchen, hardwood in Bedrooms/living/dining room; (1) 2BR/1BA: leased through 7/31/2026: carpeted living/bedrooms, vinyl galley kitchen, balcony; (2) 1BR/1BA: one unit has laminate living room floor, carpeted bedroom/dining, vinyl kitchen, balcony access; Other vacant unit has laminate flooring in living room, new carpeted dining room and bedroom, ceiling fan, and vinyl kitchen. Building Features: coin-op laundry ($1.25/load) = extra income; 1-car brick garage (new overhead door/opener to be installed once permits are approved and contractor is available to install) = additional income; 4 tenant storage units; gas baseboard heat (owner pays gas, water, garbage; tenants pay electric); oven & refrigerator in each unit; new roof on building & new tar on garage roof (2025), hot water tank (approx. 5 yrs), circuit breakers; and charming courtyard (which can possibly be converted into a parking area (check with Berwyn if they will allow). Tenant Info: One (1 bedroom) unit is month-to-month (flexibility for rent increases). One (1 bedroom with balcony) unit is vacant. Buyer responsible to correct the following two Berwyn-required repairs from point of sale inspection report: 3rd-floor balcony railings - not to current code and stairwell requires emergency lighting with battery backup. Garage has a crawl space, which contains plumbing. Sold AS IS. Showings require 24-48 hours' notice.

Last Agent to Sell the Property

Marge Marasco

RE/MAX 1st Service Brokerage Phone: (815) 834-9919 License #475104349 Listed on: 08/29/2025

RE/MAX 1st Service

Last Buyer's Agent

Lesly Alvarez

Fathom Realty IL LLC License #475203728

Fathom Realty IL LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,165

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 40x60

Parking

  • 1 Car Detached Garage
  • No Garage
  • Parking Available

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms
  • Soaking Tub

Schools

  • Emerson Elementary School
  • Irving Elementary Middle School

Utilities

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

Community Details

Overview

  • 4 Units
  • 4 Flat

Building Details

  • Electric Expense $295
  • Fuel Expense $2,800
  • Insurance Expense $3,650
  • Water Sewer Expense $2,500
  • Gross Income $45,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,165

Year Built

Built in 1910

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (815) 834-9919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: No Garage, Yes, Garage Owned, Detached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer, Storm Sewer
  • Heating: Natural Gas, Baseboard
  • Water Source: Lake Michigan

Fee Information

  • Water Sewer Expenses: 2500

Schools

  • Elementary School: Emerson Elementary School
  • Middle/Junior School: Irving Elementary School

Lot Info

  • Lot Dimensions: 40x60
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric

Multi Family

  • Fuel Expense: 2800
  • Insurance Expense: 3650
  • ElectricExpense: 295
  • GrossIncome: 45000
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 12165
  • Tax Year: 2023
  • Tax Exemptions: None
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
11/04/2025 11/04/25 Sold $485,000 0.0% --
10/03/2025 10/03/25 Pending -- -- --
09/08/2025 09/08/25 Price Changed $484,900 -3.0% --
08/29/2025 08/29/25 For Sale $499,900 -- --
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12452606

Midwest Real Estate Data (MRED)
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