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$485,000
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Property Description
Great investment in a highly desirable Berwyn! Clean, well-maintained, with one long-term owner, this building features 5 Units, Each Unit contains 5 rooms, 2 Bed / 1 Bath with Living Room & Kitchen, Fully Rented to long-term tenants with month to month leases. Tenants pay electricity. Owner pays for gas, water, scavenger. Laundry room in the basement includes one coin-operated washer and dryer which generates additional monthly income. 5 outdoor parking spaces included, one assigned to each tenant plus street parking. Appliances included, 5 Refrigerators, 5 Gas Range (one set per unit).. Units are rented just below market price, a possibility for a new owner to increase their rental income. Security Deposits are lower than current rent, as tenants are long term. Motivated Seller. Estate Sale. Sold AS IS. Seller cannot offer seller financing. Easy to show with 24 hour notice. At least one unit will be available for showing. Check out our listing at 1651 S Harlem for an opportunity to package these 2 awesome investments!
Full Property Details
Full Property Details for 1929 S Harlem Ave
General
- Sold For: $485,000
- Taxes: $13,760 (2020)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 11466833
- Added to Site: 1, 298 day(s) ago
Additional Information
- Security/Safety: Smoke or Fire Protectors
Parking
- Total Spaces: 5
- Parking Features: 1 to 5 Spaces
Location
- Area: Berwyn
- County: Cook
- Driving Directions: South on Harlem Ave. Pass 21st Street. Destination will be on the right
Community
- Assoc. Fees Include: Water, Parking, Scavenger
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
Utilities
- Onsite: Storm Sewer Available, Municipal Water
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Tar and Gravel
- Stories/Levels: 2
- Square Feet: 5,850
- Current Bldg. Use: Multi-Family
- Year Built: 1960
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 5
- Units w/Range/Oven: 5
- # Dryers: 1
Lot Features
- Lot Dimensions: 126 x 42
- Frontage: City Street, Public Road
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $10,800
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1960
- Tax Amount: $13,760
- Tax Year: 2020
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 16193160380000
Listed by eXp Realty, LLC
Sold by Skydan Real Estate Sales, LLC
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Schools
Schools serving 1929 S Harlem Ave
School Districts:Berwyn North School District 98, J. Sterling Morton High School District 201
| Name | Grades | Distance |
|---|---|---|
Jefferson Elementary School, Berwyn, IL 7035 16th Street, Berwyn, IL 60402 | PK-5 | 0.4 mi |
Lincoln Middle School, Berwyn, IL 6432 16th Street, Berwyn, IL 60402 | 6-8 | 1 mi |
J Sterling Morton West High School 2400 Home Avenue, Berwyn, IL 60402 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1929 S Harlem Ave
Date
Details
Price
Change
Source
3/10/2023
Sold
$485,000
-11.82%
MLS
9/05/2022
Price Reduced
$549,999
-4.84%
MLS
8/09/2022
Price Reduced
$578,000
-3.65%
MLS
7/15/2022
Listed
$599,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1929 S Harlem Avenue, Berwyn, IL 60402 (MLS# 11466833) is a Commercial property that was sold at $485,000 on March 10, 2023. Want to learn more about 1929 S Harlem Avenue? Do you have questions about finding other Commercial real estate for sale in Berwyn? You can browse all Berwyn real estate or contact a Coldwell Banker agent to request more information.

