7133 W 16th Street, Berwyn, IL 60402 - Photo 1

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$655,000

For Sale
Active
Multi-Family
7 Total Beds
2 Car Garage
Updated 4 days ago

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Property Description

Discover this beautifully updated four-unit property situated in a prime Berwyn location. Each of the three spacious two-bedroom units features modern bathrooms and stunning new white self-closing kitchen cabinets, complete with elegant granite countertops and stylish backsplashes that were updated in 2024. The cozy studio unit includes a well-equipped kitchen, a comfortable bedroom, and an updated bathroom, making it an attractive rental option. The property boasts a 2.5-car garage, featuring a new roof and sleek epoxy flooring. With all windows and the heating system being replaced within the past two years, this maintenance-free investment is ready for immediate rental income. This property is a must-see for anyone looking to build equity. Don't miss out-schedule your viewing today! VA offers acceptable. FHA may be possible (check with your lender regarding self-sufficiency rule). **SELLER WILL BE INSTALLING APPLIANCES IN EVERY UNIT (REFRIGERATOR & STOVE ONLY)***

Full Property Details

Full Property Details for 7133 W 16th St

General

Price: $655,000
Taxes: $10,276 (2023)
Status: Active
Type: Multi-Family
Source: MRED
MLS ID: 12222461
Updated: 1/17/2025
Added to Site: 47 day(s) ago

Interior

Basement: None

Rooms

Bathrooms

Total Bathrooms: 4
Upper - Full Baths: 4

Bedrooms

Total Bedrooms: 7

Parking

Garage: Yes
Garage Ownership: Owned
Garage Spaces: 2
Total Spaces: 2
Parking Type: Garage

Location

Area: Berwyn
County: Cook
Township: Berwyn
Driving Directions: ONE BLOCK EAST OF HARLEM OFF OF 16TH STREET

School Information

School District: 98
Elem School District: 98
Midd School District: 98
High School District: 201

Heating & Cooling

Heating Type: Steam, Radiator(s)

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Exterior Const.: Brick
Basement Desc.: None
Foundation: Brick/Mortar
Roof: Asphalt
Year Built: 1948
Built Before 1978: Yes
Remodeled/Updated: 2024

Unit Information

Units in Building: 4

Lot Features

Lot Size (Acres): 0.11
Lot Size Range: Less than .25 Acre
Lot Dimensions: 30 x 167
Lot Features: Corner Lot, Fenced Yard
Zoning: MULTI

Financial Considerations

Parking Included: Yes
Assessment Year: 1948
Tax Amount: $10,276.4
Tax Year: 2023
Pays Sewer: Public Sewer

Disclosures and Reports

Ownership: Fee Simple
Property ID: 16191240390000

Listed by Cloud Gate Realty LLC

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— 7133 W 16th St —

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Schools

Schools serving 7133 W 16th St

School Districts:Berwyn North School District 98, J S Morton High School District 201

Name	Grades	Distance
Karel Havlicek Elementary School 6401 15th St, Berwyn, IL 60402	K-5	0.3 mi
Lincoln Middle School, Berwyn, IL 6432 16th St, Berwyn, IL 60402	6-8	0.4 mi
Morton East High School 2423 S Austin Blvd, Cicero, IL 60804	9-12	0.9 mi
J Sterling Morton Freshman Center 1801 S 55th Ave, Cicero, IL 60804	9-9	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 7133 W 16th St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

12/06/2024

Listed

$655,000

351.72%

MLS

8/11/2010

Sold

$145,000

—

Public Record

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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 7133 W 16th St

Year

Property Taxes

Change

Tax Assessment

Change

2022

$10,530

$29,693

—

2021

$10,063

$29,693

—

2020

$9,884

-1%

$29,693

2019

$9,997

$27,669

—

2018

$9,601

$27,669

—

2017

$9,328

28%

$27,669

40%

2016

$7,304

$19,766

—

2015

$7,115

$19,766

—

2014

$6,938

-5%

$19,766

-14%

2013

$7,278

$22,919

—

2012

$6,887

—

$22,919

—

View All

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 7133 W 16th St

7133 W 16th Street, Berwyn, IL 60402 (MLS# 12222461) is a Multi-Family property with 4 units containing 7 bedrooms and 0 full bathrooms. 7133 W 16th Street is currently listed for $655,000 and was received on December 06, 2024. Want to learn more about 7133 W 16th Street? Do you have questions about finding other Multi-Family real estate for sale in Berwyn? You can browse all Berwyn real estate or contact a Coldwell Banker agent to request more information.

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7133 W 16th St Berwyn, IL 60402

Full Property Details for 7133 W 16th St

General

Interior

Rooms

Bathrooms

Bedrooms

Parking

Location

School Information

Heating & Cooling

Utilities

Structural Information

Unit Information

Lot Features

Financial Considerations

Disclosures and Reports

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Schools serving 7133 W 16th St

Price & Sales History for 7133 W 16th St Get Price Alerts and Save Property

Tax History for 7133 W 16th St

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