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8657 W Berwyn Avenue

Chicago, IL 60656
  • $999,000
  • STATUS: Active Under Contract
  • ON SITE: 42 Days
  • MLS #: 12003143
Under Contract
UPDATED: 126 min ago
$999,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1966
County:
Area:

School Ratings & Info

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.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-04-24T23:04:20.92 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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8657 W Berwyn Avenue Chicago, IL 60656

  • Price: $999,000
  • Status: Active Under Contract
  • On Site: 42 Days
  • Updated: 126 min ago
  • MLS #: 12003143
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1966
Built
Neighborhood:
Chi - O'hare
County:
Cook
Area:
Chi - O'hare
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.
Exterior Features

Outdoor Parking 1-5 Spaces

Interior Features

Heat Ventilation Central Bldg HeatHot Water

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Gross Income 101280 Gross Scheduled Income 103680 Insurance Expense 5518 Maintenance Expense 865 Mls Actual Status Contingent Net Operating Income 68904 Operating Expense 34775 Tax Annual Amount 16043 Tax Year 2022 Tenant Pays Electricity Total Monthly Income 8440 Type Multi Family 5+

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Flats, LLC: 312-506-3200.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-04-24T23:04:20.92 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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Ryan Dallas Real Estate
4112C Fieldstone Road
Champaign IL, 61822