$425,000
$429,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
2345 CUYLER AVE Berwyn, IL 60402
7 Beds
3,484 Sqft Lot
Key Details
Sold Price $425,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10357262
Sold Date 06/07/19
Bedrooms 7
Year Built 1924
Annual Tax Amount $11,075
Tax Year 2017
Lot Size 3,484 Sqft
Lot Dimensions 30' X 126'
Property Description
A TRULY GREAT INVESTMENT OPPORTUNITY. REHABBED, LEGAL 4 UNIT BRICK BUILDING. THE FRONT, UPPER LEVEL UNIT HAS 2 BEDROOMS AND 1 BATH WITH HARDWOOD FLOORS. THE REAR, UPPER LEVEL UNIT HAS 1 BEDROOM AND 1 BATH WITH HARDWOOD FLOORS. THE FRONT, LOWER LEVEL UNIT HAS 2 BEDROOMS AND 1 BATH WITH CERAMIC TILE FLOORS. THE REAR LOWER LEVEL UNIT HAS 1 BEDROOM AND 1 BATH. EACH UNIT HAS A SEPARATE HEATING UNIT SO EACH TENANT PAYS THEIR OWN GAS AND ELECTRIC COSTS. BUILDING OWNER PAYS ONLY WATER AND GARBAGE REMOVAL. USING THE ASKING PRICE AS THE BASE, THIS BUILDING BOASTS A CAP RATE OF 9.4% AND A GROSS RENT MULTIPLIER OF 7.6. THESE ARE GREAT NUMBERS FOR A NO RISK INVESTMENT.
Location
State IL
County Cook
Area Berwyn
Zoning MULTI
Rooms
Basement Full, Walkout
Interior
Heating Natural Gas
Fireplace N
Exterior
Exterior Feature Patio
Parking Features Detached
Garage Spaces 2.0
Community Features Sidewalks, Street Lights, Street Paved
Building
Lot Description Corner Lot, Fenced Yard
Sewer Public Sewer, Sewer-Storm
Water Lake Michigan
New Construction false
Schools
School District 100 , 100, 201
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Gerson Reyes • Compass
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