NOT LISTED FOR SALE

7138 Riverside Dr Berwyn, IL 60402

Berwyn Area
10 Beds
8 Baths
-- Sq Ft
1959 Built

Sale Details

Date Sold: July 12, 2016

Last sale price $595,000

91 Days on Market

About This Home

As of July 2016

Well maintained 8 unit brick building in excellent cond. features 1 and 2 bedrooms units. All units have newer bathrooms, individual thermostats for baseboard hot water heat, A/C units, stoves, refrigerators, & hardwood floors. Complete tear off roof, coin op w/d, plus many more updates to the building. Parking for six cars. Walking distance to shopping, transportation, and easy access to all expressways. Ideal location. Note one unit vacant for showings which would generate 800-850 in rent a month.

Last Agent to Sell the Property

Brian Brennan

@properties Christie's International Real Estate License #471011164 Listed on: 01/19/2016

@properties Christie's International Real Estate

Last Buyer's Agent

Riley Mockler

Avenue 1 Realty Group Inc License #475150778

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,582

Year Built

  • Built in 1959

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Gable Roof Shape
  • Brick Exterior Construction
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector
  • Unfinished Basement

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Lot Details

  • Lot Dimensions are 50 x 150
  • Additional Parcels

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $481
  • Fuel Expense $2,437
  • Insurance Expense $1,530
  • Trash Expense $1,447
  • Water Sewer Expense $2,159
  • Operating Expense $8,056
  • Gross Income $60,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,582

Year Built

Built in 1959

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1959
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 8
  • Total Bedrooms: 10
  • Possible Use: Condominium
  • Basement Description: Unfinished
  • Fire Protection: Smoke or Fire Protectors
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 8
  • Ranges: 8
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Concrete
  • Frontage Type: City Street
  • Roof: Other
  • Exterior Building Type: Brick
  • Roof Structure: Gable
  • Misc Outside: Storms and Screens (as exist)

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Utilities: Sanitary Sewer, Water-Municipal
  • Heat/Ventilation: Hot Water,Baseboard
  • Leased Washer Dryer YN: No

Fee Information

  • Trash Expense: 1447
  • Water Sewer Expenses: 2159

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 50 X 150
  • Zoning: MULTI
  • Alternate Phone Number: (708) 447-2946

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 10

Multi Family

  • Fuel Expense: 2437
  • Insurance Expense: 1530
  • ElectricExpense: 481
  • GrossIncome: 60420
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 8056
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 14582
  • Tax Year: 2014

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
0.0592%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jan 19, 2016
Closed on
Jul 12, 2016
Sold by
Bought by
Seller's Agent
Brian Brennan
@properties Christie's International Real Estate
Buyer's Agent
Riley Mockler
Avenue 1 Realty Group Inc
List Price
$649,900
Sold Price
$595,000
Premium/Discount to List
-$54,900
-8.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
0.0525%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2014
Sold by
Bought by

Purchase Details

Closed on
Aug 30, 2007
Sold by
Bought by

Purchase Details

Closed on
Sep 1, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$600,000 Greater Illinois Title
$595,000 Greater Illinois Title
-- None Available
-- Chicago Title Insurance Co
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $480,000
Previous Owner $217,000
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
07/12/2016 07/12/16 Sold $595,000 -8.4% --
04/19/2016 04/19/16 Pending -- -- --
01/19/2016 01/19/16 For Sale $649,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax 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.

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 $8,545 $23,904 $3,461 $20,443
2024 $8,545 $23,904 $3,461 $20,443
2023 $9,213 $28,421 $3,461 $24,960
2022 $9,213 $20,276 $5,650 $14,626
2021 $8,938 $20,276 $5,650 $14,626
2020 $8,448 $20,276 $5,650 $14,626
2019 $8,686 $19,272 $4,449 $14,823
2018 $8,176 $19,272 $4,449 $14,823
2017 $8,368 $19,272 $4,449 $14,823
2016 $7,713 $17,784 $4,166 $13,618
2015 $7,560 $17,784 $4,166 $13,618
2014 $7,291 $17,784 $4,166 $13,618
2013 $6,076 $16,666 $4,166 $12,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09119243

Midwest Real Estate Data (MRED)
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