Berwyn, IL 60402,6810 31st Street
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Berwyn, IL 60402,6810 31st Street
Berwyn, IL 60402,6810 31st Street
Berwyn, IL 60402,6810 31st Street
Berwyn, IL 60402,6810 31st Street
Listed by Margaret Marascoof RE/MAX 1st Service
Bought with Lesly Alvarez of Fathom Realty IL LLC

$485,000

Est. payment /mo

$484,900

Est.Price: ?

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6810 31st Street Berwyn, IL 60402

7 Beds

SOLD DATE : 11/04/2025

Key Details

Sold Price $485,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12452606

Bedrooms 7

Year Built 1910

Annual Tax Amount $12,165

Tax Year 2023

Property Sub-Type Two to Four Units

Property Description

Investor's Dream ... Outstanding Investment Opportunity in Prime Berwyn Location! Solid brick 4-unit apartment building just steps from a Metra stop - perfect for commuters and close to public transit, shopping, dining, walking distance to Proksa Park and YMCA. All units feature functional layouts with long-term tenants, but kitchens and bathrooms are dated-offering excellent potential for future updates and rent increases. An ideal property for investors seeking to add value and boost cash flow over time. Don't miss this income-producing asset in a high-demand rental market with strong tenant retention and excellent upside! Unit Breakdown:(1) 3BR/1BA: leased through 6/2026 and features vinyl floor in kitchen, hardwood in Bedrooms/living/dining room; (1) 2BR/1BA: leased through 7/31/2026: carpeted living/bedrooms, vinyl galley kitchen, balcony; (2) 1BR/1BA: one unit has laminate living room floor, carpeted bedroom/dining, vinyl kitchen, balcony access; Other vacant unit has laminate flooring in living room, new carpeted dining room and bedroom, ceiling fan, and vinyl kitchen. Building Features: coin-op laundry ($1.25/load) = extra income; 1-car brick garage (new overhead door/opener to be installed once permits are approved and contractor is available to install) = additional income; 4 tenant storage units; gas baseboard heat (owner pays gas, water, garbage; tenants pay electric); oven & refrigerator in each unit; new roof on building & new tar on garage roof (2025), hot water tank (approx. 5 yrs), circuit breakers; and charming courtyard (which can possibly be converted into a parking area (check with Berwyn if they will allow). Tenant Info: One (1 bedroom) unit is month-to-month (flexibility for rent increases). One (1 bedroom with balcony) unit is vacant. Buyer responsible to correct the following two Berwyn-required repairs from point of sale inspection report: 3rd-floor balcony railings - not to current code and stairwell requires emergency lighting with battery backup. Garage has a crawl space, which contains plumbing. Sold AS IS. Showings require 24-48 hours' notice.

Location

State IL

County Cook

Interior

Heating Natural Gas, Baseboard

Exterior

Garage Spaces 1.0

View Y/N true

Building

Sewer Public Sewer, Storm Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

Elementary Schools Emerson Elementary School

Middle Schools Irving Elementary School

School District 100, 100, 201

Others

Special Listing Condition None

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Midwest Real Estate Data (MRED) VOW
Lisa Hillman

Lisa Hillman

Agent | License ID: mrd264416

+1(630) 276-8455

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