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$749,900
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Property Description
Well-maintained 6-unit apartment building with 2 one-bedroom and 4 two-bedroom units, all on month-to-month leases with long-term tenants paying their own heat The property has a new roof and 5 parking spaces adjacent to the building. Current rents are below market, offering strong upside potential for investors. Public areas and Apartment 1S will be shown, with the remaining units available for inspection upon contract contingency. Building is partly updated. Motivated seller.
Full Property Details
Full Property Details for 2550 Cuyler Ave
General
- Price: $749,900
- Taxes: $9,445 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12479608
- Updated: 11/26/2025
- Added to Site: 115 day(s) ago
Location
- Area: Berwyn
- County: Cook
- Township: Berwyn
- Driving Directions: Please use Maps from current location
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Individual Furnaces
Utilities
- Trash: 4000
- Onsite: Sewer Connected, Water Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 4,200
- Current Bldg. Use: Multi-Family
- Year Built: 1956
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
Lot Features
- Lot Size (Sq. Ft.): 3,781
- Lot Dimensions: 3781
- Frontage: City Street, Public Road, Alley Access, Paved
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $4,300
- Operating Expenses: $15,259
- Assessment Year: 1956
- Tax Amount: $9,445
- Tax Year: 2023
- Tenant Pays: Electricity, Heat
- Pays Electric: 700
- Pays Trash: 4000
Disclosures and Reports
- Property ID: 16291240340000
Listed by Prello Realty
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Schools
Schools serving 2550 Cuyler Ave
School Districts:Berwyn South School District 100, J. Sterling Morton High School District 201
| Name | Grades | Distance |
|---|---|---|
Komensky Elementary School 2515 Cuyler Avenue, Berwyn, IL 60402 | K-5 | 0.1 mi |
Freedom Middle School, Berwyn, IL 3016 Ridgeland Avenue, Berwyn, IL 60402 | 6-8 | 0.5 mi |
J Sterling Morton West High School 2400 Home Avenue, Berwyn, IL 60402 | 9-12 | 0.9 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 2550 Cuyler Ave
Date
Details
Price
Change
Source
10/20/2025
Price Reduced
$749,900
-4.84%
MLS
10/16/2025
Price Reduced
$788,000
-7.18%
MLS
9/24/2025
Listed
$849,000
—
MLS
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 2550 Cuyler Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$15,259
62%
$45,999
90%
2022
$9,445
3%
$24,206
—
2021
$9,202
5%
$24,206
—
2020
$8,792
-28%
$24,206
-21%
2019
$12,276
6%
$30,668
—
2018
$11,553
-3%
$30,668
—
2017
$11,850
38%
$30,668
37%
2016
$8,592
3%
$22,308
—
2015
$8,368
3%
$22,308
—
2014
$8,093
—
$22,308
-10%
2013
$8,079
5%
$24,789
—
2012
$7,717
—
$24,789
—
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 2550 Cuyler Ave
2550 Cuyler Avenue, Berwyn, IL 60402 (MLS# 12479608) is a Commercial property. 2550 Cuyler Avenue is currently listed for $749,900 and was received on September 24, 2025. Want to learn more about 2550 Cuyler 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.

