SOLD
$429,000
Date 11/10/2022

1845 Grove Avenue
Berwyn, IL 60402

Multi-Family
Residential
6
Beds
4
Baths
N/A
Acre Lot
Courtesy: Nelly Corp Realty

Description for 1845 Grove Avenue Berwyn, IL 60402

CB Today> Illinois> Berwyn> 60402
*Spectacular Brick Gold Coast Investment Property! Very well-maintained reflecting pride of ownership, featuring THREE LEGAL UNITS: 1st floor unit offers 3 bedrooms (master suite), 2 full baths, updated kitchen, spacious living room and formal dining room, perfect unit for owner occupants. 2nd floor unit offers 2 bedrooms 1 bath and Garden unit has 1 bedroom, 1 bath. This building has been exceptionally maintained with newer radiant heat boiler, newer tuck pointing in front facade and garage, newer windows throughout including egress windows, brand new carpeting on front and back hallways, new sump pump and new hot water heaters. Two car brick garage with new roof! Coin operated laundry room. ***This is a true arm chair investment property with NO REHAB needed. CAP rate is over 8%, cash flow with 20% down is over $10k per year. ***STRONG CASH FLOW FOR THE RIGHT INVESTOR!!! You will not be disappointed!!! Building has passed City of Berwyn compliances updating all electrical boxes to 200 amp including emergency lighting in hallways. Outstanding location close to public transportation and shopping.

Property Details

11642246
Residential - Multi-Family, Other
6
4
1947
Cook
Lake Michigan
Brick
Public Sewer
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Courtesy: Nelly Corp Realty
Listings courtesy of MRED as distributed by MLS GRID

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