Chicago, IL 60625 2219 W Berwyn Avenue

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Presented By: Century 21 S.G.R., Inc.
  • MLS# 12094973
  • 06/26/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 6
  • Baths • 2
  • Garage • 2

Home Details

Lincoln Square property, fantastic opportunity for investors, developers, or homeowners. Located on a beautiful tree-lined street, this property has immense potential. Its prime location near Winnemac Park, the Metra, and the Brown Line train makes it attractive to both tenants and buyers. The building itself is a well-maintained two-unit brick structure. Each unit features recently-remodeled kitchens with modern cabinets and quartz countertops, as well as three bedrooms and one bathroom. The hardwood flooring adds to the charm of the units. Significant upgrades have been made to the property, including a new rear porch in 2019, new windows on the first and second floors, and a new water heater in 2021. These improvements ensure that the building is in excellent condition and ready to be utilized to its full potential. The garage on the property requires some cosmetic work, but with a little investment, it can be transformed into a functional and appealing space. Additionally, the basement of the building has a ceiling height of 7 ft, providing ample space for storage or potential additional living areas. What sets this property apart is its eligibility for the City of Chicago's ADU Pilot Program. This means that there is the opportunity to legally add at least one more living unit, further increasing its investment value. Alternatively, one can choose to duplex down and create a spacious owner-occupied unit or convert it into a single-family home. Surrounded by homes valued at $1.5 million, this property is a must-see for savvy investors. It is currently rented, providing a steady rental income while offering the potential to be remodeled and expanded. With an open mind and a clear vision, you can unlock the hidden investment potential of this property and transform it into a lucrative opportunity.
Presented By: Century 21 S.G.R., Inc.

Interior Features for 2219 W Berwyn Avenue

Bedrooms

Bedrooms Possible6
Total Bedrooms6

Bathrooms

Full Baths Building2
Half Baths Building
Total Baths2

Other Interior Features

BasementFull
BasementUnfinished
Total Number of Units2

General for 2219 W Berwyn Avenue

CityChicago
CountyCook
Days on Market1
Directionseast/west on Foster to Leavitt, north to Berwyn, 1-way west to property.
Elementary School District299
Fuel Expense2186
Garage Spaces2
Gross Income46380
HeatingNatural Gas
High School District299
Insurance Expense1722
MLS AreaCHI - Lincoln Square
Middle/Junior School District299
Net Operating Income34749
New ConstructionNo
Percent OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusNew
Tax Annual Amount9872.78
Tax Year2022
Total Rooms12
TownshipLake View
Water Sewer Expense1759
Waterfront Y/NNo
Year Built1925
ZoningMULTI

Exterior for 2219 W Berwyn Avenue

ExteriorBrick
Garage OnsiteYes
Garage OwnershipOwned
Garage TypeDetached
Lot Dimensions25 X 125
Lot Size Acres0.07
Total Parking2
Water SourceLake Michigan

Additional Details

Price History

Worth Clark

Price $700,000
MLS#12094973
List Date 06/26/2024
Property Type Multi-Family
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