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$689,000
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Property Description
Sought After Berwyn Brick 5 Unit! Property Features: New Roof With Warranty & New Parapet Walls, New Sewer Line, New Water Service, New Hot Water Tank, Some New Appliances, New Expansion Tank, Electric Gutters & Original Wood Work & Trim! Basement Has Bathroom & Office! Laundry Room & Coin Laundry! This One Won't Last!
Full Property Details
Full Property Details for 1942 Elmwood Ave
General
- Price: $689,000
- Taxes: $11,897 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12264581
- Updated: 1/21/2025
- Added to Site: 33 day(s) ago
Interior
- Interior Features: Storage Inside
Parking
- Parking Features: Other
Location
- Area: Berwyn
- County: Cook
- Township: Berwyn
- Driving Directions: RIDGELAND OR EAST AVE TO 21ST ST TO PROPERTY
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas, Steam
Utilities
- Trash: 1960
- Onsite: Municipal Water
Structural Information
- Construction: Brick, Concrete
- Exterior Const.: Brick
- Foundation: Block, Brick/Mortar, Concrete Perimeter
- Stories/Levels: 2
- Current Bldg. Use: Multi-Family
- Year Built: 1924
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 5
- Units w/Range/Oven: 5
- # Dryers: 1
Lot Features
- Lot Size (Acres): 0.08
- Lot Dimensions: 35 x 125
- Frontage: City Street
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $3,880
- Operating Expenses: $26,585
- Assessment Year: 1924
- Tax Amount: $11,897
- Tax Year: 2023
- Tenant Pays: Electricity
- Pays Electric: 295
- Pays Trash: 1960
Disclosures and Reports
- Property ID: 16194220280000
Listed by Skydan Real Estate Sales, LLC
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Schools
Schools serving 1942 Elmwood Ave
School Districts:Berwyn North School District 98, J S Morton High School District 201
Rating | Name | Grades | Distance |
---|---|---|---|
1427 Oak Park Ave, Berwyn, IL 60402 | K-5 | 0.7 mi | |
6432 16th St, Berwyn, IL 60402 | 6-8 | 0.3 mi | |
2400 Home Ave, Berwyn, IL 60402 | 9-12 | 0.9 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 1942 Elmwood Ave
Date
Details
Price
Change
Source
1/15/2025
Price Reduced
$689,000
-1.43%
MLS
1/04/2025
Listed
$699,000
83.95%
MLS
6/15/2017
Sold
$380,000
—
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 1942 Elmwood Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$11,898
5%
$29,686
—
2021
$11,331
3%
$29,686
—
2020
$11,035
-9%
$29,686
1%
2019
$12,072
4%
$29,269
—
2018
$11,596
—
$29,269
-3%
2017
$11,568
16%
$30,128
28%
2016
$9,974
2%
$23,581
—
2015
$9,788
3%
$23,581
—
2014
$9,514
-8%
$23,581
-18%
2013
$10,333
6%
$28,807
—
2012
$9,714
—
$28,807
—
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 1942 Elmwood Ave
1942 Elmwood Avenue, Berwyn, IL 60402 (MLS# 12264581) is a Commercial property. 1942 Elmwood Avenue is currently listed for $689,000 and was received on January 04, 2025. Want to learn more about 1942 Elmwood 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.