Here's an exceptional opportunity to own a professionally managed 24-unit all brick building in Berwyn

Illinois, with assumable debt at a remarkable 4.88% interest rate and eight years still remaining. Enjoy the ease of an armchair investment, featuring 16 one-bedroom, one-bath and 8 two-bedroom, one-bath units, all boasting numerous cosmetic updates completed within the last decade.

Recent improvements include new electrical service installed in both properties in 2020. Tenan ts benefit from a beautifully landscaped shared courtyard, coin-operated laundry machines in the basement and a roomy side parking lot offering 14 convenient parking spaces. This property is broker-owned, ensuring a professionally managed and exclusive investment opportunity. Don't miss out on ths unparalleled deal!

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on 6701 Stanley Ave
in Berwyn, IL
Presented by Robert Drafke at
Concentric Realty, Inc.


Property MLS #12041047 from MRED

+ Reveal additional info including schools and tax history

+ Toggle All

+ Bathrooms

Full Bathrooms: 2

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Multi-Unit Info

Number of Units: 24
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 5

+ Rental Info

Tenant Pays: Electricity

+ Other Property Info

Annual Tax Amount: 75374.00
Source Listing Status: Active
County: Cook
Directions: South on 3100 block of S Oak Park Ave. Turn west onto Stanley Avenue.
Tax Year: 2021
Source Property Type: Multi-Family
Parcel Number: 16312010036000
Zoning: MULTI
Property Subtype: Multi Family 5+
Source System Name: C2C
+ Reveal Property Sale History

Listing removed 2024-04-28
$0
MRED

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Listed 2024-04-27
$2,499,000
MRED

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Price Changed 2024-04-16
$2,499,000
MRED

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Price Changed 2024-04-01
$2,525,000
MRED

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Listed 2024-01-07
$2,600,000
MRED

+ Commercial Info

Net Operating Income: 222018

+ Building and Construction

Year Built: 1958
Property Age: 66
Levels or Stories: 2

+ Display Complete School Details

Heritage Middle School is a public middle school located approximately 0.2 miles away.
Map directions

Emerson Elementary School is a public elementary school located approximately 0.3 miles away.
Map directions

J Sterling Morton West High School is a public high school located approximately 0.9 miles away.
Map directions

St Leonard School is a private elementary and middle school located approximately 0.2 miles away.
Map directions