1301 Maple Avenue

Berwyn, IL 60402

$625,000
Price
10
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Beautifully classic 5-unit brick building in sought after North Berwyn! This fully rented property sits in a near-perfect location close to Harlem and Roosevelt corridors with all the shopping, nightlife and transportation the area has to offer. Each unit has two spacious bedrooms, along with updated kitchens and baths. Long-term tenants with rents well below market means strong rent growth potential! Off-street parking for three cars can provide additional income. The steam boiler is 4 years old,...Beautifully classic 5-unit brick building in sought after North Berwyn! This fully rented property sits in a near-perfect location close to Harlem and Roosevelt corridors with all the shopping, nightlife and transportation the area has to offer. Each unit has two spacious bedrooms, along with updated kitchens and baths. Long-term tenants with rents well below market means strong rent growth potential! Off-street parking for three cars can provide additional income. The steam boiler is 4 years old, and circuit breakers have been updated. This is a rarely available multi-unit in Berwyn with tons of room for rent increases, so don't wait! Agent-owned.
  1. Listed by Dale Todd • Core Realty & Investments Inc.

Property Details for 1301 Maple Avenue

Area
Berwyn
Township
Berwyn
LISTING UPDATED: 11/06/2024 12:06 AM

Property Details for 1301 Maple Avenue

StatusActive
MLS #12113211
Days on Market118
Taxes$10,111 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Four Plus One
Year Built1928
Lot Size0.10 AC / 4,384 SF
CountyCook County

Building Information for 1301 Maple Avenue

Stories2Residences5Year Built1928Building Size-Lot Size0.10 AC / 4,384 SF

Property Information for 1301 Maple Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Electric: Circuit Breakers
  • # Of Washers: 1
  • Basement Description: Partially Finished
  • Heat/Ventilation: Central Bldg Heat,Radiators,Steam
  • # Of Refrigerators: 5
  • Washer/Dryer Lsd: No
  • # Of Dryers: 1
  • Num of Baths: 5.0
Property/Lot Information
  • Tenant Pays: Electricity, Other
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Four Plus One
  • Lot Dimensions: 32 X 137
  • Lot Size Square Feet: 4384.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Lot Size Source: County Records
  • # Of Ranges: 5
  • MRD_UNC: No
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2024-10-31T15:30:32
  • Photos Count: 13
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $344.00
  • Fuel Expense: $3,475.00
  • Gross Income: $72,024.00
  • Gross Scheduled Income: $72,024.00
  • Insurance Expense: $3,437.00
  • Maintenance Expense: $2,500.00
  • Electric Expense Source: Actual
  • Expense Year: 2023
  • Total Annual Expense Source: Combination
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Other Expense Source: Owner Projection
  • Repairs-Decor Expense Source: Owner Projection
  • Trash Expense Source: Actual
  • Total Monthly Income: 6002
  • Water Expense Source: Actual
  • Net Operating Income: $46,916.00
  • Operating Expense: $28,444.00
  • Other Expense: $1,000.00
  • Trash Expense: $3,702.00
  • Water Sewer Expense: $3,871.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
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 1301 Maple 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 1301 Maple Avenue

Taxable ValueLand$4,274Additions$25,265Total$29,539
Tax Record2022$11,839 ($987 / month)
Home Facts
Baths6Total Finished SqFt4,004 SqFtAbove Grade Finished SqFt4,004 SqFtStories2Lot Size4,384 SqFtStyleMulti-Family Res (5+ Units)Year Built1927CountyCOOKAPN16-19-109-001

Schools near 1301 Maple 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
Jefferson Elementary School
PublicPK to 5

Lincoln 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1301 Maple Avenue is a multi-family home for sale in Berwyn, IL 60402. This property was listed for sale on July 18, 2024 by Core Realty & Investments Inc., it's currently listed at $625,000. It has been on the market for a total of 118 days and was last sold on October 30, 2013. This listing's school districts are J S Morton Hsd 201 School District, Berwyn North School District 98. Nearby schools include Jefferson Elementary School, Lincoln Middle School and J Sterling Morton West High School. 1301 Maple Avenue is a 10-bed, 5-bath, multi-family home built in 1928.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Core Realty & Investments Inc.

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 11/06/2024 12:06 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.