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$520,000
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Property Description
Exceptional investment opportunity in the heart of Berwyn! This well-maintained 5-unit building combines classic character, strong rental appeal, and long-term income potential in one of the western suburbs' most sought-after communities. Each unit offers distinctive architectural details including hardwood floors, cedar-lined closets, exposed wood-beam ceilings, and skylights that fill the living spaces with natural light. A heated 2.5-car garage provides additional convenience, storage, and value for tenants. With a history of strong occupancy and consistent rental demand, this property presents an excellent opportunity for investors seeking stable cash flow and future appreciation. Ideally situated near the vibrant Roosevelt Road and Ogden Avenue corridors, residents enjoy convenient access to local restaurants, coffee shops, shopping, and entertainment. Outdoor enthusiasts will appreciate nearby parks, including Proksa Park and Janura Park, while commuters benefit from easy access to the Metra BNSF Railway, CTA Blue Line, and major roadways including I-290, I-55, and Route 66 (Ogden Avenue), providing convenient travel to downtown Chicago and surrounding suburbs. Located near schools, grocery stores, medical facilities, and the bustling Depot District, this property offers the lifestyle and accessibility today's tenants are looking for. Whether you're expanding an established portfolio or purchasing your first multifamily asset, this turnkey investment is for you!
Full Property Details
Full Property Details for 3847 Euclid Ave
General
- Price: $520,000
- Taxes: $17,465 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12686672
Interior
- Basement: None
Location
- Area: Berwyn
- County: Cook
- Township: Berwyn
- Driving Directions: On corner of Pershing (39th) and Euclid, between Harlem and Central.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Gas
Utilities
- Trash: 792
- Onsite: Water Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Foundation: Block, Brick/Mortar, Concrete Perimeter
- Stories/Levels: 1
- Square Feet: 5,013
- Current Bldg. Use: Multi-Family
- Year Built: 1948
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 5
- Units w/Range/Oven: 5
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 11,325
- Lot Dimensions: 91 x 125
- Frontage: City Street, Signal Intersection
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $2,020
- Operating Expenses: $14,985
- Assessment Year: 1948
- Tax Amount: $17,465.82
- Tax Year: 2024
- Tenant Pays: Electricity, Heat
- Pays Trash: 792
Disclosures and Reports
- Property ID: 16314210490000
Listed by Realty of America, LLC
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Schools
Schools serving 3847 Euclid 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 | 0.5 mi |
Heritage Middle School, Berwyn, IL 6850 31st Street, Berwyn, IL 60402 | 6-8 | 1 mi |
J Sterling Morton West High School 2400 Home Avenue, Berwyn, IL 60402 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 3847 Euclid Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$16,802
—
$47,000
—
2023
$16,802
23%
$46,999
56%
2022
$13,665
3%
$30,072
—
2021
$13,256
6%
$30,072
—
2020
$12,529
-21%
$30,072
-14%
2019
$15,788
6%
$35,031
—
2018
$14,861
-2%
$35,031
—
2017
$15,210
43%
$35,031
43%
2016
$10,645
2%
$24,546
—
2015
$10,435
4%
$24,546
—
2014
$10,064
-13%
$24,546
-22%
2013
$11,533
5%
$31,635
—
2012
$10,950
—
$31,635
—
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 3847 Euclid Ave
3847 Euclid Avenue, Berwyn, IL 60402 (MLS# 12686672) is a Commercial property. 3847 Euclid Avenue is currently listed for $520,000 and was received on June 24, 2026. Want to learn more about 3847 Euclid 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.

