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6701 Stanley Avenue, Berwyn, IL 60402
$2,499,000
6701 Stanley Avenue, Berwyn, IL 60402View this property at 6701 Stanley Avenue, Berwyn, IL 60402
6701 Stanley AvenueBerwynIL60402
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Property Description
Here's an exceptional opportunity to own a professionally managed 24-unit all brick building in Berwyn, Illinois, with assumable debt at a remarkable 4.88% interest rate and eight years still remaining. Enjoy the ease of an armchair investment, featuring 16 one-bedroom, one-bath, and 8 two-bedroom, one-bath units, all boasting numerous cosmetic updates completed within the last decade. Recent improvements include new electrical service installed in both properties in 2020. Tenants benefit from a beautifully landscaped shared courtyard, coin-operated laundry machines in the basement, and a spacious side parking lot offering 14 convenient parking spaces. This property is broker-owned, ensuring a professionally managed and exclusive investment opportunity. Don't miss out on this unparalleled deal!
Full Property Details
Full Property Details for 6701 Stanley Ave
General
- Price: $2,499,000
- Taxes: $75,374 (2021)
- Status: Active
- Type: Commercial
- MLS ID: 12041047
- Updated: 5/3/2024
- Added to Site: 14 day(s) ago
Location
- Area: Berwyn
- County: Cook
- Driving Directions: South on 3100 block of S Oak Park Ave. Turn west onto Stanley Avenue.
Heating & Cooling
- Heating Type: Hot Water
Utilities
- Trash: 1200
Structural Information
- Stories/Levels: 2
- Year Built: 1958
- Built Before 1978: Yes
Unit Information
- # Dryers: 4
Lot Features
- Lot Dimensions: 13, 480 SF
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $7,000
- Operating Expenses: $108,674
- Assessment Year: 1958
- Tax Amount: $75,374
- Tax Year: 2021
- Tenant Pays: Electricity
- Pays Electric: 2900
- Pays Trash: 1200
Disclosures and Reports
- Property ID: 16312010036000
Listed by Concentric Realty, Inc
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Schools
Schools serving 6701 Stanley Ave
School Districts:Berwyn South School District 100, J S Morton High School District 201
Rating | Name | Grades | Distance |
---|---|---|---|
6850 31st St, Berwyn, IL 60402 | PK-5 | 0.3 mi | |
6850 31st St, Berwyn, IL 60402 | 6-8 | 0.2 mi | |
2400 Home Ave, Berwyn, IL 60402 | 9-12 | 1 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 6701 Stanley Ave
Date
Details
Price
Change
Source
4/27/2024
Listed
$2,499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6701 Stanley Ave
6701 Stanley Avenue, Berwyn, IL 60402 (MLS# 12041047) is a Commercial property. 6701 Stanley Avenue is currently listed for $2,499,000 and was received on April 27, 2024. Want to learn more about 6701 Stanley 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.