Chicago, IL 60656,8657 W Berwyn AVE
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Chicago, IL 60656,8657 W Berwyn AVE
Chicago, IL 60656,8657 W Berwyn AVE
Chicago, IL 60656,8657 W Berwyn AVE
Chicago, IL 60656,8657 W Berwyn AVE

$1,025,000

Est. payment /mo

$999,000

2.6%
Est.Price: ?

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8657 W Berwyn AVE Chicago, IL 60656

SOLD DATE : 05/22/2024

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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Midwest Real Estate Data (MRED) IDX
Listed by Melissa Morgan • Flats, LLC
Bought with Jay Chandran • Jay C Realty, Inc.
agent

Carly Jones

Founding Real Estate Advisor

+1(312) 391-3170

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