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Listed by Ashley Jaramilloof MPower Residential Brokerage LLC
$ 699,000
Est. payment /mo
Active
3724 Oak Park Avenue Berwyn, IL 60402
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12511597
Year Built 1928
Annual Tax Amount $19,661
Tax Year 2023
Lot Dimensions 54x122
Property Sub-Type Multi Family 5+
Property Description
AMAZING INVESTMENT OPPORTUNITY: Discover this rare opportuniy to own this solid all brick 6 unit building with a 4 car garage and outstanding income potential! The furnace was recently replaced in 2021 ensuring reliable heating for years to come. Each unit features one bedroom and one bathroom with beautiful hardwood flooring, spacous well designed layout with clearly defined living room, dinning room,kitche and bedroom areas. Several units include in unit washer and dryer, and hookus are available in all units providing extra convenience and value. Tenants enjoy individual storage area within the building and have acces to an all brick 4 car garage. The four car garage adds additional income potential through leased parking or storage options. Current rents are below market value , presenting strong upside for investors and a great chance for an owner to live in one unit while earning income from the others.. This exceptional opportuniy provides the increase of cash flow through rent adjustments and garage leasing. The unfinished basement provides even more opportunity to add an extra unit for an even greater return. With classic brick construction a well maintained structure and numerous value add opportunities, this property is truly a once in a life time opportunity!. (Broker has an ownership interest in the property)
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Unfinished
Interior
Cooling None
Fireplace N
Exterior
View Y/N true
Building
Foundation Concrete Perimeter
Structure Type Brick
Others
HOA Fee Include Heat,Water,Exterior Maintenance,Lawn Care,Snow Removal
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