3724 Oak Park Avenue

Berwyn, IL 60402

$505,000
Last Sold Price
6
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Much sought after 6 unit brick investment property. Long time owners have kept this building in great shape. All units are 1 bedroom apartments with formal dining rooms. Basement has coin operated laundry and storage for all units. 4 car brick garage. Rents should be higher. Awesome location! Close to restaurants, loyola hospital and train. Buyer will be responsible for missing siding on rear porch, required by berwyn compliance. Seller will be responsible for all remaining items. All 4 garage service...Much sought after 6 unit brick investment property. Long time owners have kept this building in great shape. All units are 1 bedroom apartments with formal dining rooms. Basement has coin operated laundry and storage for all units. 4 car brick garage. Rents should be higher. Awesome location! Close to restaurants, loyola hospital and train. Buyer will be responsible for missing siding on rear porch, required by berwyn compliance. Seller will be responsible for all remaining items. All 4 garage service doors are steel and have been recently replaced. Come take a look!
  1. Listed by Joyce Ordonez • Gaslight Realty

Sold By RE/MAX City

Property Details for 3724 Oak Park Avenue

Area
Berwyn
Township
Berwyn
Num Of Parking Spaces
4.0

Location

Add your commute
LISTING UPDATED: 05/05/2021 10:31 AM

Property Details for 3724 Oak Park Avenue

StatusClosed
MLS #10975561
Days on Market96
Taxes$15,745 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1928
Lot Size0.15 AC / 6,588 SF
CountyCook County

Location

Add your commute

Building Information for 3724 Oak Park Avenue

Stories-Residences6Year Built1928Building Size-Lot Size0.15 AC / 6,588 SF

Payment Calculator

$4,068 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,756

Property Taxes

$1,312

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3724 Oak Park Avenue

General Information
Location and General Information
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • # Of Washers: 1
  • Heat/Ventilation: Central Bldg Heat,Gas,Radiators,Steam
  • # Of Refrigerators: 6
  • Washer/Dryer Lsd: No
  • # Of Dryers: 1
  • Num of Baths: 0.0
Property/Lot Information
  • Tenant Pays: Electricity, Other
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 54X122
  • Stories: 3
  • Exterior Building Type: Brick
  • # Of Ranges: 6
  • MRD_UNC: No
Property and Assessments
  • Buyer Financing: Conventional, Other
  • Public Document Count: 0
  • Photos Count: 9
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $554.00
  • Fuel Expense: $4,546.00
  • Gross Income: $63,420.00
  • Gross Scheduled Income: $63,420.00
  • Insurance Expense: $3,492.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Actual
  • Expense Year: 2019
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Net Operating Income Year: 2018
  • Trash Expense Source: Actual
  • Total Monthly Income: 5285
  • Water Expense Source: Actual
  • Net Operating Income: $38,690.00
  • Operating Expense: $24,730.00
  • Other Expense: $.00
  • Trash Expense: $711.00
  • Water Sewer Expense: $1,161.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 1: 4
  • # Of Full Bthrms - Type 1: 1
  • Monthly Income - 1: 800
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 2: 4
  • # Of Full Bthrms - Type 2: 1
  • Monthly Income - 2: 800
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 3: 4
  • # Of Full Bthrms - Type 3: 1
  • Monthly Income - 3: 775
  • Monthly Income Max - 3: 775
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 4: 4
  • # Of Full Bthrms - Type 4: 1
  • Monthly Income - 4: 900
  • Monthly Income Max - 4: 900
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 5: 4
  • # Of Full Bthrms - Type 5: 1
  • Monthly Income - 5: 825
  • Monthly Income Max - 5: 825
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 1
  • # Of Full Bthrms - Type 6: 1
  • Monthly Income - 6: 800
  • Monthly Income Max - 6: 800
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 7: 0
  • Monthly Income - 7: 0

Property History for 3724 Oak Park 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 3724 Oak Park Avenue

Taxable ValueLand$7,082Additions$23,090Total$30,172
Tax Record2022$13,710 ($1,143 / month)
Home Facts
Baths6Total Finished SqFt5,280 SqFtAbove Grade Finished SqFt5,280 SqFtStories3Lot Size6,588 SqFtStyleMulti-Family Res (5+ Units)Year Built1927CountyCOOKAPN16-31-323-039

Schools near 3724 Oak Park 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.

Similar Homes

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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 Gaslight Realty

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 05/05/2021 10:31 AM. 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.