3302 Kenilworth Avenue

Berwyn, IL 60402

$2,900,000
Price
1
Beds
30
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Recently improved and re-leased to quality tenants. BEAUTIFUL 30-UNIT architectural brick apartment building in the Chicago suburb of Berwyn. The building consists of 29 Studios and 1 One-Bedroom units. The studios are VERY large and could easily be converted to all one-bedroom units as a relatively simple value-add play. The property is located only 1.5 blocks from the Berwyn Metra station and is adjacent to a lively retail district. BRAND NEW ROOF installed and the brick has been tuckpointed within...Recently improved and re-leased to quality tenants. BEAUTIFUL 30-UNIT architectural brick apartment building in the Chicago suburb of Berwyn. The building consists of 29 Studios and 1 One-Bedroom units. The studios are VERY large and could easily be converted to all one-bedroom units as a relatively simple value-add play. The property is located only 1.5 blocks from the Berwyn Metra station and is adjacent to a lively retail district. BRAND NEW ROOF installed and the brick has been tuckpointed within the past 5 years. The building heating system has been converted to in unit electric baseboard heating. Owned by IL Licensed RE Broker. With a population of over 56,000, the City of Berwyn lies only 10 miles southwest of the Chicago Loop. A historic town in its own right, Berwyn was reported to have the highest concentration of financial institutions in the world in the 1990's. Today it's economy is primarily propped up by retail via Cermak Plaza, popular music venues and the Loyola MacNeal Hospital campus. Its proximity to downtown Chicago makes Berwyn an attractive option for those seeking a suburban lifestyle while still remaining close to the city.
  1. Listed by Melissa Topolewski • Citypoint Illinois LLC

Property Details for 3302 Kenilworth Avenue

Area
Berwyn
Zoning
MULTI

Location

Listing Courtesy of Citypoint Illinois LLC
Add your commute
LISTING UPDATED: 04/15/2024 12:06 AM

Property Details for 3302 Kenilworth Avenue

StatusActive
MLS #12024899
Days on Market25
Taxes$72,936 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Exterior Entrance
Year Built1927
Lot Size0.46 AC / 20,000 SF
CountyCook County

Location

Listing Courtesy of Citypoint Illinois LLC
Add your commute

Building Information for 3302 Kenilworth Avenue

Stories-Residences30Year Built1927Building Size-Lot Size0.46 AC / 20,000 SF

Payment Calculator

$21,904 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,826

Property Taxes

$6,078

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3302 Kenilworth Avenue

General Information
Addtl Parking Information
  • Open Parking Spaces: 0.0
Location and General Information
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Hot Water,Baseboard
  • Num of Baths: 30.0
Property/Lot Information
  • Tenant Pays: Electricity, Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Exterior Entrance,Hi-Rise
  • Lot Dimensions: 20,000
  • Stories: 4
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 18
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 30
Income & Expenses
  • Electric Expense: $6,729.00
  • Fuel Expense: $7,000.00
  • Gross Income: $341,364.00
  • Gross Scheduled Income: $341,364.00
  • Insurance Expense: $8,364.00
  • Maintenance Expense: $18,000.00
  • Manager Expense: $17,068.00
  • Janitor Expense: 1600
  • Total Monthly Income: 28447
  • Net Operating Income: $197,877.00
  • Operating Expense: $143,486.00
  • Other Expense: $.00
  • Trash Expense: $2,624.00
  • Water Sewer Expense: $11,526.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 29
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
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 3302 Kenilworth 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 3302 Kenilworth Avenue

Taxable ValueLand$17,944Additions$142,568Total$160,512
Tax Record2022$72,937 ($6,078 / month)
Home Facts
Lot Size8,972 SqFtStyleMulti-Family Res (5+ Units)Year Built1926CountyCOOKAPN16-31-125-022

Schools near 3302 Kenilworth 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
Irving Elementary School
PublicPK to 5

Heritage 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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3302 Kenilworth Avenue is a multi-family home for sale in Berwyn, IL 60402. This property was listed for sale on April 9, 2024 by Citypoint Illinois LLC, it's currently listed at $2,900,000. It has been on the market for a total of 25 days and was last sold on October 18, 2021. This listing's school districts are J S Morton Hsd 201 School District, Berwyn South School District 100. Nearby schools include Irving Elementary School, Heritage Middle School and J Sterling Morton West High School. 3302 Kenilworth Avenue is a 1-bed, 30-bath, multi-family home built in 1927.

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 Citypoint Illinois 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.