$410,000
SOLD JUN 9, 2025

7120 16th St Berwyn, IL 60402

5 Beds
2 Baths
-- Sq Ft
1989 Built

Recently Sold

11% Above List Price

7 Days on Market

Highlights

  • First Floor Utility Room
  • Baseboard Heating
  • Paved or Partially Paved Lot
  • Ceiling Fan

About This Home

As of June 2025

Solid All-Brick 2-Unit Building - Turnkey Investment or Live-In Opportunity! This well-maintained, all-brick 2-flat offers incredible value. The first-floor unit features 2 bedrooms and 1 full bath, remodeled kitchen with heated ceramic tile floors. The second-floor unit boasts 3 bedrooms and 2 full baths, ideal for extended families or rental income. Each unit includes additional storage space, and the building is equipped with convenient coin-operated laundry. Detached 2-car garage offers even more opportunity-rent out the spaces for additional monthly income or keep them for personal use. Located just minutes from I-290, Tony's Fresh Market, shopping mall, restaurants, a gym, and the local high school. Whether you're looking to invest or occupy, this property is a must-see!

Last Agent to Sell the Property

Danny Alejandre

RE/MAX PREMIER License #475163830 Listed on: 04/25/2025

RE/MAX PREMIER

Last Buyer's Agent

Eduardo Gomez

Avenue Properties Chicago License #475208497

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,648

Year Built

  • Built in 1989

Lot Details

  • Lot Dimensions are 30x125
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Ceiling Fan
  • First Floor Utility Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Baseboard Heating
  • Lake Michigan Water

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,648

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: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Utility Room-1st Floor
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner

Exterior Features

  • Construction Materials: Brick
  • List Price: 369900
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Detached, Garage
  • ParkingTotal: 2

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 98

Lot Info

  • Lot Dimensions: 30X125
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 9647.83
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 02
  • Three Bedroom Number of Units: No
  • 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 Change Sq Ft Price
06/09/2025 06/09/25 Sold $410,000 +10.8% --
05/02/2025 05/02/25 Pending -- -- --
04/25/2025 04/25/25 For Sale $369,900 -- --
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: 12348392

Midwest Real Estate Data (MRED)