BEDS0
BATHS
MLS#12511597
STATUSContingent
PROPERTY TYPEMulti Unit - Multiple
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)
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Lot Size: 0.15 Acres
Stories: 3.0
Taxes: $19,661
Year Built: 1928
Feature Descriptions
Current Use: Multi-Family
Drains: Enclosed Porch, Enclosed Stairs
Exterior: Brick
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Central Bldg Heat, Gas, Radiators, Steam
Lot Dimensions: 54x122
Miscellaneous Outdoor: Enclosed Porch, Enclosed Stairs
Parcel#: 16313230390000
Tenant Pays: Electricity, Other
Units: 6
Listed By / Shown By
Listed By
Agency Name: MPower Residential Brokerage LLC
Agency Phone: 312-498-8473
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 3,397.96 per month $1,555.67 Principal & Interest $1,638.42 Property Tax $203.88 Homeowner's InsuranceChange Payment Information
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3724 Oak Park Avenue | MLS# 12511597
This multi-family property located at 3724 Oak Park Avenue, Berwyn, IL 60402 is currently listed for sale with an asking price of $699,000. Search Berwyn real estate on www.bhhscrosby.com today.