2108 Highland Avenue
$499,000
5
2
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—
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Description
This property is a buyer's dream with an assumable 2.7% mortgage and a fully renovated interior, including a modern kitchen with new cabinets, elegant tiling in the kitchen and bathroom, fresh paint in both units, and new windows in Unit 2. Both apartments are bright and spacious, with Unit 2, a three-bedroom apartment, capable of renting for at least $2,000 monthly, plus an additional $125 from the garage space, totaling $2,125 in potential income. Unit 2 is also Airbnb-ready, having previously...This property is a buyer's dream with an assumable 2.7% mortgage and a fully renovated interior, including a modern kitchen with new cabinets, elegant tiling in the kitchen and bathroom, fresh paint in both units, and new windows in Unit 2. Both apartments are bright and spacious, with Unit 2, a three-bedroom apartment, capable of renting for at least $2,000 monthly, plus an additional $125 from the garage space, totaling $2,125 in potential income. Unit 2 is also Airbnb-ready, having previously rented for $125 per night, with all furniture available for purchase to launch your short-term rental business. Unit 1 is already rented for $1,825, contributing to a total building income that nets approximately $500 per month after mortgage and expenses (gas, sewer, and water). Additional perks include a lawn mower and tree saw for sale, newly reconstructed bricks on the top left side of the house (completed in late 2023), and security features like cameras and electric door locks, which can be retained for a negotiable price (only the camera NVR needs replacement). The basement laundry machine also provides extra income, generating $40-$60 monthly. This turnkey property offers excellent returns and convenience for both homeowners and investors.
- Listed by Ryan Cherney • Circle One Realty
Property Details for 2108 Highland Avenue
Area
Berwyn
TownshipBerwyn
OwnershipFee Simple
Num Of Garage Spaces2.0
Num Of Parking Spaces2.0
Parking Included in PriceYes
Heat/FuelNatural Gas
Architectural StyleBrownstone
LISTING UPDATED: 12/22/2024 01:56 PM
Property Details for 2108 Highland Avenue
Status | New |
---|---|
MLS # | 12259789 |
Days on Market | 4 |
Taxes | $10,276 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 2 Flat |
Year Built | 1917 |
Lot Size | 0.08 AC / 3,484 SF |
County | Cook County |
Building Information for 2108 Highland Avenue
Stories-Residences2Year Built1917Building Size-Lot Size0.08 AC / 3,484 SF
Property Information for 2108 Highland Avenue
Property History for 2108 Highland Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 2108 Highland 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 |
---|---|---|
Karel Havlicek 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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