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1845 Grove AVE Berwyn, IL 60402
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Key Details
Sold Price $429,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
Subdivision Gold Coast
MLS Listing ID 11642246
Sold Date 11/10/22
Bedrooms 6
Year Built 1947
Annual Tax Amount $9,528
Tax Year 2020
Lot Dimensions 135X30
Property Sub-Type Two to Four Units
Property Description
*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.
Location
State IL
County Cook
Area Berwyn
Rooms
Basement Full
Interior
Heating Natural Gas, Radiant
Equipment Ceiling Fan(s), Sump Pump
Fireplace N
Exterior
Parking Features Detached
Garage Spaces 2.0
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 98 , 98, 201
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Toni Wardanian • RE/MAX Plaza