1929 South Harlem Avenue

Berwyn, IL 60402

$485,000
Last Sold Price
30
Beds
15
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great investment in a highly desirable Berwyn! Clean, well-maintained, with one long-term owner, this building features 5 Units, Each Unit contains 5 rooms, 2 Bed / 1 Bath with Living Room & Kitchen, Fully Rented to long-term tenants with month to month leases. Tenants pay electricity. Owner pays for gas, water, scavenger. Laundry room in the basement includes one coin-operated washer and dryer which generates additional monthly income. 5 outdoor parking spaces included, one assigned to each tenant...Great investment in a highly desirable Berwyn! Clean, well-maintained, with one long-term owner, this building features 5 Units, Each Unit contains 5 rooms, 2 Bed / 1 Bath with Living Room & Kitchen, Fully Rented to long-term tenants with month to month leases. Tenants pay electricity. Owner pays for gas, water, scavenger. Laundry room in the basement includes one coin-operated washer and dryer which generates additional monthly income. 5 outdoor parking spaces included, one assigned to each tenant plus street parking. Appliances included, 5 Refrigerators, 5 Gas Range (one set per unit).. Units are rented just below market price, a possibility for a new owner to increase their rental income. Security Deposits are lower than current rent, as tenants are long term. Motivated Seller. Estate Sale. Sold AS IS. Seller cannot offer seller financing. Easy to show with 24 hour notice. At least one unit will be available for showing. Check out our listing at 1651 S Harlem for an opportunity to package these 2 awesome investments!
  1. Listed by Amy Izzo • eXp Realty, LLC • (708) 359-6510

Sold By Skydan Real Estate Sales, LLC

Property Details for 1929 South Harlem Avenue

Area
Berwyn
Township
Berwyn
Num Of Parking Spaces
5.0
Num of Interior Fireplaces
0
Zoning
MULTI

Location

Add your commute
LISTING UPDATED: 03/11/2023 01:22 PM

Property Details for 1929 South Harlem Avenue

StatusClosed
MLS #11466833
Days on Market238
Taxes$13,760 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1960
Lot Size0.12 AC / 5,292 SF
CountyCook County

Location

Add your commute

Building Information for 1929 South Harlem Avenue

Stories-Residences5Year Built1960Building Size-Lot Size0.12 AC / 5,292 SF

Payment Calculator

$3,794 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,647

Property Taxes

$1,147

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1929 South Harlem Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Frontage Type: City Street, Public Road
  • Information: 24-Hr Notice Required,Seller's Disclosure,Show-Lock Box,Show-Special Instructions
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Service - 101 to 200 Amps
  • # Of Washers: 1
  • Basement Description: Partially Finished
  • Heat/Ventilation: Hot Water
  • # Of Window/Ac: 0
  • # Of Refrigerators: 5
  • Washer/Dryer Lsd: No
  • # Of Dryers: 1
  • # Of Disposals: 0
  • # Of Dishwashers: 0
  • Num of Baths: 15.0
Utilities / Equipment
  • Utilities: Sewer-Storm Available, Water-Municipal
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 126X42
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Tar and Gravel
  • Fire Protection: Smoke or Fire Protectors
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 5850
  • Lot Size Source: County Records
  • # Of Ranges: 5
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Multi-Family
  • Buyer Financing: Conventional
  • Public Document Count: 5
  • Document Date: 2022-07-17T18:01:32
  • Green Supporting Documents: N
  • Photos Count: 28
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Curbs and Gutters,Sidewalks
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $53,040.00
  • Gross Scheduled Income: $44,640.00
  • Insurance Expense: $3,608.00
  • Maintenance Expense: $150.00
  • Expense Year: 2022
  • Total Annual Expense Source: Combination
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Net Operating Income Year: 2022
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 4420
  • Water Expense Source: Actual
  • Net Operating Income: $42,240.00
  • Operating Expense: $10,800.00
  • Other Expense: $.00
  • Trash Expense: $1,800.00
  • Water Sewer Expense: $4,200.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 3
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 4
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 5
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 1929 South Harlem Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1929 South Harlem Avenue

Taxable ValueLand$6,879Additions$30,138Total$37,017
Tax Record2022$14,836 ($1,236 / month)
Home Facts
Baths6Total Finished SqFt5,850 SqFtAbove Grade Finished SqFt5,850 SqFtStories2Lot Size5,292 SqFtStyleMulti-Family Res (5+ Units)Year Built1960CountyCOOKAPN16-19-316-038

Schools near 1929 South Harlem Avenue

This home is within J S Morton Hsd 201 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Jefferson Elementary School
PublicPK to 5

Lincoln Middle School
Public6 to 8

J Sterling Morton West High School
Public9 to 12

J Sterling Morton Alternative School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 03/11/2023 01:22 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.