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$2,700,000
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Property Description
Recently renovated and fully re-leased to quality tenants, this striking 30-unit architectural brick apartment building offers a rare investment opportunity in the high-demand Chicago suburb of Berwyn. The property features 29 spacious studio units and 1 one-bedroom unit, with a straightforward path to converting the studios into one-bedrooms-presenting a clear value-add strategy for increased rental income. Ideally situated just 1.5 blocks from the Berwyn Metra station and steps from a vibrant retail corridor, the building benefits from strong transit access and neighborhood amenities. Major capital improvements include a newer roof, recent brick tuckpointing, and an upgraded heating system with efficient in-unit electric baseboard heating. IL Licensed Broker has a partial interest of the LLC that holds title to the property.
Full Property Details
Full Property Details for 3302 Kenilworth Ave
General
- Sold For: $2,700,000
- Taxes: $72,936 (2022)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12435940
- Added to Site: 203 day(s) ago
Location
- Area: Berwyn
- County: Cook
- Driving Directions: South on 3100 block of S Oak Park Ave. Turn west onto Stanley Avenue.
- Location Details: Corner
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Hot Water, Baseboard
Utilities
- Water: Municipal Water
Structural Information
- Construction: Brick, Wood
- Exterior Const.: Brick, Wood
- Foundation: Concrete Perimeter
- Stories/Levels: 4
- Square Feet: 20,000
- Current Bldg. Use: Multi-Family
- Year Built: 1927
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 8972
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $155,344
- Assessment Year: 1927
- Tax Amount: $72,936
- Tax Year: 2022
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 16311250220000
Listed by Citypoint Illinois LLC
Sold by Avenue 1 Realty Group
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Schools
Schools serving 3302 Kenilworth Ave
School Districts:Berwyn South School District 100, J. Sterling Morton High School District 201
| Name | Grades | Distance |
|---|---|---|
Irving Elementary School, Berwyn, IL 3501 Clinton Avenue, Berwyn, IL 60402 | K-5 | 0.3 mi |
Heritage Middle School, Berwyn, IL 6850 31st Street, Berwyn, IL 60402 | 6-8 | 0.2 mi |
J Sterling Morton West High School 2400 Home Avenue, Berwyn, IL 60402 | 9-12 | 1 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 3302 Kenilworth Ave
Date
Details
Price
Change
Source
2/05/2026
Sold
$2,700,000
-6.9%
MLS
8/01/2025
Listed
$2,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3302 Kenilworth Avenue, Berwyn, IL 60402 (MLS# 12435940) is a Commercial property that was sold at $2,700,000 on February 05, 2026. Want to learn more about 3302 Kenilworth 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.

