1522 Grove Avenue

Berwyn, IL 60402

$489,999
Price
6
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This is the extraordinary investment property you have been waiting to hit the market. Discover this gorgeous 2018 renovated 2 Unit on an extra wide lot in the heart of Berwyn. Conveniently located close to shopping, dining, Metra, and much more. The first unit features 3 bedrooms 1 bathroom, 2 LEVELS of living space with a modern look, 9ft ceilings on the main level, freshly painted, and move-in ready. The 2nd level for this unit includes a large family room that can be easily converted to a 4th...This is the extraordinary investment property you have been waiting to hit the market. Discover this gorgeous 2018 renovated 2 Unit on an extra wide lot in the heart of Berwyn. Conveniently located close to shopping, dining, Metra, and much more. The first unit features 3 bedrooms 1 bathroom, 2 LEVELS of living space with a modern look, 9ft ceilings on the main level, freshly painted, and move-in ready. The 2nd level for this unit includes a large family room that can be easily converted to a 4th bedroom and still have space for an open office area. This unit also includes newer stainless steel appliances, 42in cabinets, granite countertops, in-unit washer/dryer, central AC, and furnace. The garden unit features 3 bedrooms 1 bathroom, with the same sophisticated updates, full sized windows, granite countertops, and a newer furnace. Walk out to a large yard and paver patio that you can make your own. This phenomenal property comes with a brand new 2018 built 2 car garage and a paver side port to add an extra parking space. The roof, windows, doors, siding, plumbing, electrical, HVAC, kitchens, baths, flooring, and appliances throughout were replaced in 2018. This is a perfect investment property that generates top market value rents. You can live in one unit and use the other to generate income, and take advantage of the first-time home buyer programs available to you. Each unit is equipped with separate gas/electric meters, resulting in low expense and amazing cash flow! Schedule your viewing today. This property won't last!
  1. Listed by Dean Benevice • New Chapter Realty, LLC

Property Details for 1522 Grove Avenue

Area
Berwyn
Township
Berwyn
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
3.0
Heat/Fuel
Natural Gas, Forced Air
LISTING UPDATED: 11/23/2024 04:32 PM

Property Details for 1522 Grove Avenue

StatusNew
MLS #12216210
Days on Market1
Taxes$8,804 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1909
Lot Size0.10 AC / 4,356 SF
CountyCook County

Building Information for 1522 Grove Avenue

Stories-Residences2Year Built1909Building Size-Lot Size0.10 AC / 4,356 SF

Property Information for 1522 Grove Avenue

General Information
School Information
  • Elementary School District: 98
  • High School District: 98
  • Middle Or Junior School District: 98
Addtl Parking Information
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage, Space/s
  • Parking Details: Off Street
  • Parking On Site: true
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 13
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 6
  • Basement Description: Finished
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2018
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 35X136
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • North Coordinate: 0
  • South Coordinate: 1522
  • East Coordinate: 0
  • West Coordinate: 6800
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 39
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $46,200.00
  • Insurance Expense: $3,293.00
  • Net Operating Income: $40,754.00
  • Other Expenses $: 2153
Unit 1
  • Unit Type Actual Rent: $1,550.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 04/25
Unit 2
  • Unit Type Actual Rent: $2,300.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: VAC

Property History for 1522 Grove 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 1522 Grove Avenue

Taxable ValueLand$4,641Additions$19,670Total$24,311
Tax Record2022$9,743 ($812 / month)
Home Facts
Baths2Total Finished SqFt1,869 SqFtAbove Grade Finished SqFt1,869 SqFtStories2Lot Size4,760 SqFtStyleMulti-Family Res (5+ Units)Year Built1908CountyCOOKAPN16-19-130-048

Schools near 1522 Grove 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

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1522 Grove Avenue is a multi-family home for sale in Berwyn, IL 60402. This property was listed for sale on November 23, 2024 by New Chapter Realty, LLC, it's currently listed at $489,999. It has been on the market for a total of 1 days and was last sold on April 13, 2018. 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. 1522 Grove Avenue is a 6-bed, 2-bath, multi-family home built in 1909.

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 New Chapter Realty, LLC

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 11/23/2024 04:32 PM. 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.