$1,025,000
$999,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
8657 W Berwyn AVE Chicago, IL 60656
Key Details
Sold Price $1,025,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12003143
Sold Date 05/22/24
Maintenance Fees $865
Year Built 1966
Annual Tax Amount $16,043
Tax Year 2022
Lot Dimensions 5602
Property Sub-Type Multi Family 5+
Property Description
8657 W Berwyn is a corner six-flat in the O'Hare submarket with strong in-place income. The current monthly rent roll is: $8,440/month. The property has been well-maintained by the same owner for 30+ years. The property consists of one (1) one-bedroom, four (4) two-bedroom and one (1) three-bedroom unit. Unit 2W has the same floor plan as the three-bedroom unit in unit 3W, offering the ability to convert unit 2W into a three-bedroom. Additionally, there is a detached two-car garage and two (2) surface parking spaces, on-site laundry machines and ample tenant storage. Great investment opportunity in a high demand rental market. Please note, the property can be purchased as a portfolio sale with 5240 N Oakview, which is on the opposing corner. 5240 N Oakview is separately listed with an asking price of: $1,099,000.
Location
State IL
County Cook
Area Chi - O'Hare
Interior
Fireplace N
Building
Level or Stories 3
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Bought with Jay Chandran • Jay C Realty, Inc.