Residential Income for Sale: 2219 W Berwyn, Chicago, IL 60625

6 beds
$688,000
$688,000
2219 W Berwyn, Chicago, IL 60625
6 beds
$688,000
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Price:
$688,000
$12,000 - 08/27/2024

Type Residential Income
Beds 6
Lot Size 0.07 acres
Year Built 1925

City Chicago
County Cook
School District 299

MLS 12094973
Status Active Under Contract
Lincoln Square property, fantastic opportunity for investors, developers, or homeowners. Located on a beautiful tree-lined street, this property has immense potential. Its prime location near Winnemac Park, the Metra, and the Brown Line train makes it attractive to both tenants and buyers. The building itself is a well-maintained two-unit brick structure. Each unit features recently-remodeled kitchens with modern cabinets and quartz countertops, as well as three bedrooms and one bathroom. The hardwood flooring adds to the charm of the units. Significant upgrades have been made to the property, including a new rear porch in 2019, new windows on the first and second floors, and a new water heater in 2021. These improvements ensure that the building is in excellent condition and ready to be utilized to its full potential. The garage on the property requires some cosmetic work, but with a little investment, it can be transformed into a functional and appealing space. Additionally, the basement of the building has a ceiling height of 7 ft, providing ample space for storage or potential additional living areas. What sets this property apart is its eligibility for the City of Chicago's ADU Pilot Program. This means that there is the opportunity to legally add at least one more living unit, further increasing its investment value. Alternatively, one can choose to duplex down and create a spacious owner-occupied unit or convert it into a single-family home. Surrounded by homes valued at $1.5 million, this property is a must-see for savvy investors. It is currently rented, providing a steady rental income while offering the potential to be remodeled and expanded. With an open mind and a clear vision, you can unlock the hidden investment potential of this property and transform it into a lucrative opportunity.

Room Features

Basement Description Unfinished

Lot & Building Features

Heating Natural Gas
Parking Description Garage
Sewer Public Sewer
Tax Year 2022
Water Lake Michigan
Lot Dimensions 25 X 125 ft

Community and Schools

Elementary School 299

Price History of 2219 Berwyn, Chicago, IL

Date Name Price Difference
08/27/2024 Price Adjustment $688,000 1.71%
12/31/1969 Listing Price $700,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By


Photo of Carole Grant
Direct: 773-251-5539
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Century 21 S.G.R., Inc., Luminita Ispas & Valentin Tudor
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6.75%
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2219 Berwyn (MLS #12094973) is a residential income listing located in Chicago, IL. This residential income listing on a lot of 3,049 sqft (or 0.07 acres) with 6 bedrooms, 2 baths and is 91-100 Years years old. This property was listed on 06/26/2024 and has been priced for sale at $688,000.

Nearby zip codes are 60607, 60618, 60640, 60659 and 60660.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Century 21 S.G.R., Inc.