1623 Harlem Avenue

Berwyn, IL 60402

$775,000
Price
10
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a multi-family investment Property located at 1623 S Harlem Avenue in Berwyn, Illinois (the "Property"). The three story brick building contains six (6) units comprised of four (4), 2-Bedroom/1-Bathroom units and two (2), 1-Bedroom/1-Bathroom units with 4,810 square feet of living area on 0.14-acres of land. The Property features an on-site laundry facility and offers four on-site parking spaces at the rear of the Property....Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a multi-family investment Property located at 1623 S Harlem Avenue in Berwyn, Illinois (the "Property"). The three story brick building contains six (6) units comprised of four (4), 2-Bedroom/1-Bathroom units and two (2), 1-Bedroom/1-Bathroom units with 4,810 square feet of living area on 0.14-acres of land. The Property features an on-site laundry facility and offers four on-site parking spaces at the rear of the Property. The Property is well-located in a densely populated residential neighborhood along Harlem Avenue. The Property is positioned in between Roosevelt Road and W Cermak Road, the primary commercial corridors running through Berwyn. The property offers convenient access to grocery stores, restaurants, and numerous other retail amenities. 1623 S Harlem Avenue is ideally positioned for commuters with quick and convenient access to public transportation (Harlem CTA Station, Harlem Avenue and Berwyn METRA Stations, and numerous Pace bus lines along Harlem Avenue) and Interstates 55 & 290.
  1. Listed by Daniel Smith • Horvath & Tremblay IL, LLC

Property Details for 1623 Harlem Avenue

Area
Berwyn
Zoning
MULTI
LISTING UPDATED: 11/13/2024 12:07 AM

Property Details for 1623 Harlem Avenue

StatusActive
MLS #12205946
Days on Market126
Taxes$13,206 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1883
Lot Size0.14 AC / 6,098 SF
CountyCook County

Building Information for 1623 Harlem Avenue

Stories3Residences6Year Built1883Building Size-Lot Size0.14 AC / 6,098 SF

Property Information for 1623 Harlem Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Gas
  • Num of Baths: 6.0
Property/Lot Information
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: .14
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Structure: Pitched
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2024-11-07T22:01:49
  • Photos Count: 4
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $360.00
  • Fuel Expense: $5,400.00
  • Gross Income: $68,760.00
  • Gross Scheduled Income: $70,200.00
  • Insurance Expense: $3,330.00
  • Maintenance Expense: $1,800.00
  • Janitor Expense: 0
  • Other Expense Source: Broker Projection
  • Total Monthly Income: 5678
  • Net Operating Income: $34,707.00
  • Operating Expense: $33,431.00
  • Other Expense: $3,407.00
  • Trash Expense: $2,928.00
  • Water Sewer Expense: $2,640.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 4
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
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 1623 Harlem Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1623 Harlem 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.

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1623 Harlem Avenue is a multi-family home for sale in Berwyn, IL 60402. This property was listed for sale on September 5, 2024 by Horvath & Tremblay IL, LLC, it's currently listed at $775,000. 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. 1623 Harlem Avenue is a 10-bed, 6-bath, multi-family home built in 1883.

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 Horvath & Tremblay IL, 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 11/13/2024 12:07 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.