NOT LISTED FOR SALE

7112 Pershing Rd Berwyn, IL 60402

5 Beds
2 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold June 25, 2021

Last sale price $283,000

20 Days on Market

Highlights

  • 2 Car Detached Garage
  • Ceiling Fan
  • Baseboard Heating
  • Patio

About This Home

As of June 2021

This beautiful turnkey two-flat in Berwyn is cash flowing, well maintained and available for a new owner! Great tenants in place that pay their rent on time and love living in the building - lower-level tenant has lived in the building for 30+ years! Noteworthy features include hardwood floors throughout both units, ample living space, separate shared laundry room with a washer and dryer and fenced in back yard with patio! For investors that want to maximize cash flow there is much upside as units are currently being rented below market value - updated two-bedroom units can rent for up to $1,300 per month and updated three-bedroom units can rent for up to $1,850 per month! The two-car garage also provides the opportunity for additional income! Great location, proximity to public transportation, interstate access and walking distance to Jewel Osco! We will be hosting 1 showing of the entire building per week every Monday from 4:00pm - 4:30pm (this is what works for the tenants)! Please act swiftly, two-flats are a very hot commodity in this current real estate climate - come take a tour and make an offer!

Last Agent to Sell the Property

Michael Applegate

Straight-A Realty, LLC License #471020131 Listed on: 04/21/2021

Last Buyer's Agent

Claudia Moreno

Berkshire Hathaway HomeServices Chicago License #475149753

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,954

Year Built

  • Built in 1961

Lot Details

  • 3,485

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

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

Additional Features

  • Ceiling Fan
  • Patio
  • 3,485 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,954

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1961
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Patio
  • OtherStructures: Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 3,500 SQ FT
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8953.51
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat
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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
06/25/2021 06/25/21 Sold $283,000 -2.1% --
05/12/2021 05/12/21 For Sale -- -- --
05/11/2021 05/11/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $289,000 -- --
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 $10,367 $29,001 $4,288 $24,713
2024 $10,367 $29,001 $4,288 $24,713
2023 $9,299 $29,001 $4,288 $24,713
2022 $9,299 $20,465 $3,763 $16,702
2021 $9,021 $20,464 $3,762 $16,702
2020 $10,071 $24,174 $3,762 $20,412
2019 $8,954 $19,866 $3,412 $16,454
2018 $8,428 $19,866 $3,412 $16,454
2017 $8,625 $19,866 $3,412 $16,454
2016 $6,552 $15,107 $2,800 $12,307
2015 $6,422 $15,107 $2,800 $12,307
2014 $6,194 $15,107 $2,800 $12,307
2013 $5,912 $16,215 $2,800 $13,415
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11060618

Midwest Real Estate Data (MRED)