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3302 Kenilworth Avenue,  Berwyn IL, 60402

(Active)
$2,900,000
|
|
MLS# 12024899
Last Updated: 5/16/2024 12:43 AM
Description for 3302 Kenilworth Avenue Berwyn, IL 60402
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.
Price
$2,900,000
Cook
12024899
Active
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 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.
Listing Information
Property Type: Multi-Family, Business Opportunities, 3+ Story
1927 4
30 Total
Neighborhood
Room Information
Exterior / Lot Features
20,000
MULTI
Driving Directions
South on 3100 block of S Oak Park Ave. Turn west onto Stanley Avenue.
Financial Considerations
16311250220000
$72,936
Listing Price History

Berwyn Real Estate

Berwyn is located in Illinois. Berwyn, Illinois 60402 has a population of 56,137.

The median household income in Berwyn, Illinois 60402 is $64,873. The median household income for the surrounding county is $68,916 compared to the national median of $66,222. The median age of people living in Berwyn 60402 is 38 years.

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Courtesy: Citypoint Illinois LLC
Listings courtesy of MRED as distributed by MLS GRID

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This content last refreshed on 5/16/2024 12:43 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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