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$490,000 Contingent
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Property Description
Investment Opportunity in Berwyn! This fantastic 3-unit property features one beautifully updated unit, perfect for immediate rental income. The remaining two units, while well-maintained, present a unique opportunity for value enhancement. With a little TLC, these units can be transformed into modern spaces, boosting equity and maximizing cash flow potential. Ideal for house hackers and savvy investors looking to capitalize on Berwyn's growing market, this property is a smart choice for those ready to put in some work and reap the rewards. Don't miss out on this chance to create your own cash flow cow in a thriving area!
Full Property Details
Full Property Details for 1922 Grove Ave
General
- Price: $490,000
- Taxes: $9,442 (2023)
- Status: Contingent
- Type: Multi-Family
- Source: MRED
- MLS ID: 12272411
- Updated: 2/6/2025
- Added to Site: 25 day(s) ago
Interior
- Basement: Walk-Out A
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Garage
Location
- Area: Berwyn
- County: Cook
- Township: Berwyn
- Driving Directions: Cermak rd to grove ave
School Information
- School District: 98
- Elem School District: 98
- Midd School District: 100
- High School District: 100
Heating & Cooling
- Heating Type: Natural Gas, Steam
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Walk-Out Access
- Year Built: 1928
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 4224
Financial Considerations
- Assessment Year: 1928
- Tax Amount: $9,442.79
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16193220220000
Listed by Realty of America, LLC
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Schools
Schools serving 1922 Grove Ave
School Districts:Berwyn North School District 98, J S Morton High School District 201
Rating | Name | Grades | Distance |
---|---|---|---|
7035 16th St, Berwyn, IL 60402 | PK-5 | 0.5 mi | |
6432 16th St, Berwyn, IL 60402 | 6-8 | 0.6 mi | |
2400 Home Ave, Berwyn, IL 60402 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1922 Grove Ave
Date
Details
Price
Change
Source
1/16/2025
Listed
$490,000
257.66%
MLS
5/19/1998
Sold
$137,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1922 Grove Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$6,745
47%
$22,986
—
2021
$4,604
10%
$22,986
—
2020
$4,176
-18%
$22,986
-8%
2019
$5,122
-29%
$25,036
—
2018
$7,197
-25%
$25,036
—
2017
$9,613
12%
$25,036
23%
2016
$8,594
2%
$20,317
—
2015
$8,433
3%
$20,317
—
2014
$8,197
-2%
$20,317
-13%
2013
$8,389
6%
$23,387
—
2012
$7,886
—
$23,387
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1922 Grove Ave
1922 Grove Avenue, Berwyn, IL 60402 (MLS# 12272411) is a Multi-Family property with 3 units containing 5 bedrooms and 0 full bathrooms. 1922 Grove Avenue is currently listed for $490,000 and was received on January 16, 2025. Want to learn more about 1922 Grove Avenue? Do you have questions about finding other Multi-Family real estate for sale in Berwyn? You can browse all Berwyn real estate or contact a Coldwell Banker agent to request more information.