$300,000
SOLD MAY 30, 2023

7118 16th St Berwyn, IL 60402

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

Recently Sold

3 Days on Market

Highlights

  • Property is near a park
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Fenced Yard
  • Soaking Tub
  • Paved or Partially Paved Lot

About This Home

As of May 2024

Welcome to this charming legal two-unit property located in the heart of Berwyn. This unique property features two separate units, offering ample space for a growing family or for those looking to generate additional rental income. Located just seconds away from an elementary school, this property offers the perfect location for families with young children. The location also offers easy access to a range of amenities, including local shops, restaurants, and public transportation options. The second floor of the property boasts a spacious three-bedroom unit, complete with one full bath. This unit features ample natural light and great finishes throughout. The bedrooms offer plenty of space, making it an ideal option for a family looking for extra room to spread out. The first floor of the property features a two-bedroom unit, complete with one full bath. This unit offers great finishes throughout, hardwood floors, and features ample natural light. The bedrooms are well-sized and offer a comfortable living space. This legal two-unit property offers an excellent opportunity for families or investors looking to generate additional rental income. With its ideal location and spacious units, this property is sure to impress. Don't miss out on this fantastic opportunity to own a piece of Berwyn real estate.

Last Agent to Sell the Property

Eduardo Garcia

Realty of America, LLC License #471009113 Listed on: 03/04/2023

Realty of America, LLC

Co-Listed By

Nelly Cruz

Realty of America, LLC License #475198367

Last Buyer's Agent

Eduardo Garcia

Realty of America, LLC License #471009113 Listed on: 03/04/2023

Realty of America, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,949

Year Built

  • Built in 1989

Lot Details

  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms
  • Soaking Tub

Schools

  • Jefferson Elementary School
  • Lincoln Middle School
  • J Sterling Morton West High Scho

Utilities

  • Forced Air Heating System
  • Lake Michigan Water

Additional Features

  • Exterior Lighting
  • Property is near a park

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,949

Year Built

Built in 1989

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: 1989
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • List Price: 299999
  • Lot Features: Fenced Yard, Outdoor Lighting, Sidewalks, Streetlights
  • OtherStructures: Garage(s)
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Schools

  • Elementary School: Jefferson Elementary School
  • High School: J Sterling Morton West High Scho
  • Middle/Junior School: Lincoln Middle School
  • Middle/Junior School District: 98

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 3750
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 10948.97
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Range of Values:

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Sold Price
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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 Change Sq Ft Price
05/15/2024 05/15/24 Sold $486,500 -2.7% --
04/15/2024 04/15/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $499,999 +66.7% --
05/30/2023 05/30/23 Sold $300,000 0.0% --
03/08/2023 03/08/23 Pending -- -- --
03/04/2023 03/04/23 For Sale $299,999 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11730574

Midwest Real Estate Data (MRED)