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Recently improved and re-leased to quality tenants. BEAUTIFUL 30-UNIT architectural brick apartment building in the Chicago suburb of Berwyn. The building consists of 29 Studios and 1 One-Bedroom units. The studios are VERY large and could easily be converted to all one-bedroom units as a relatively simple value-add play. The property is located only 1.5 blocks from the Berwyn Metra station and is adjacent to a lively retail district. BRAND NEW ROOF installed and the brick has been tuckpointed within the past 5 years. The building heating system has been converted to in unit electric baseboard heating. Owned by IL Licensed RE Broker. With a population of over 56,000, the City of Berwyn lies only 10 miles southwest of the Chicago Loop. A historic town in its own right, Berwyn was reported to have the highest concentration of financial institutions in the world in the 1990's. Today it's economy is primarily propped up by retail via Cermak Plaza, popular music venues and the Loyola MacNeal Hospital campus. Its proximity to downtown Chicago makes Berwyn an attractive option for those seeking a suburban lifestyle while still remaining close to the city.
| DAYS ON MARKET | 22 | LAST UPDATED | 4/9/2024 |
|---|---|---|---|
| YEAR BUILT | 1927 | COMMUNITY | Berwyn |
| COUNTY | Cook | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | Berwyn |
|---|---|
| BUYER'S BROKERAGE COMPENSATION | 1.5% |
| LOT | 0 |
| LOT DIMENSIONS | 20,000 |
| STORIES | 4 |
| TAXES | 72936 |
| ZONING | MULTI |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Citypoint Illinois LLC
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Copyright 2024 MRED. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2024 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2024.