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$575,000
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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 feature modern bathrooms and stunning new white self-closing kitchen cabinets, completed 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. All four units include stainless steel appliances. 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! FHA may be possible (check with your lender regarding self-sufficiency rule). Property has passed all Berwyn inspections!
Full Property Details
Full Property Details for 7133 W 16th St
General
- Sold For: $575,000
- Taxes: $10,276 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12423993
- Added to Site: 213 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
- Parking On-Site: Yes
Location
- Area: Berwyn
- County: Cook
- Driving Directions: ONE BLOCK EAST OF HARLEM OFF OF 16TH STREET
School Information
- School District: 98
- Midd School District: 98
Heating & Cooling
- Heating Type: Steam, Radiator(s)
Utilities
- Water: Public
Structural Information
- Construction: Brick
- 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
- Fence: Yes
- Lot Features: Corner Lot
- Zoning: MULTI
- Fencing (Description): Fenced
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1948
- Tax Amount: $10,276.4
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16191240390000
Listed by Cloud Gate Realty LLC
Sold by United Realty Group, Inc.
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Schools
Schools serving 7133 W 16th St
School Districts:Berwyn North School District 98, J. Sterling Morton High School District 201
| Name | Grades | Distance |
|---|---|---|
Karel Havlicek Elementary School 6401 15th Street, Berwyn, IL 60402 | K-5 | 0.3 mi |
Lincoln Middle School, Berwyn, IL 6432 16th Street, Berwyn, IL 60402 | 6-8 | 0.4 mi |
J Sterling Morton Freshman Center 1801 South 55th Avenue, Cicero, IL 60804 | 9- | 1 mi |
J Sterling Morton East High School 2423 South Austin Boulevard, Cicero, IL 60804 | 10-12 | 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 7133 W 16th St
Date
Details
Price
Change
Source
10/10/2025
Sold
$575,000
-8.73%
MLS
7/18/2025
Listed
$630,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7133 W 16th Street, Berwyn, IL 60402 (MLS# 12423993) is a Multi-Family property that was sold at $575,000 on October 10, 2025. 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.

