2219 W Berwyn Avenue Chicago, IL 60625
Listing Courtesy of: Midwest Real Estate Data / Century 21 S.G.r., Inc. / Luminita Ispas / CENTURY 21 S.G.R., Inc. / Valentin Tudor

  2219 W Berwyn Avenue Chicago, IL 60625

Active (75 Days)
$688,000
6
BED
2
BATH

Description

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.

MLS #:
12094973
Taxes
$9,873(2022)
Lot Size
3,049 SQFT
Type
Multifamily
Year Built
1925
School District
299
County
Cook County

Listed By

Luminita Ispas, Century 21 S.G.r., Inc.
Valentin Tudor, CENTURY 21 S.G.R., Inc.
Source
Midwest Real Estate Data as distributed by MLS Grid
Last checked Sep 8 2024 at 3:03 AM GMT+0000
Bathroom Details
Heating and Cooling
  • Natural Gas
Basement Information
  • Unfinished
  • Full
Exterior Features
  • Brick
  • Roof: Flat
Utility Information
  • Utilities: Water Source: Lake Michigan
  • Sewer: Public Sewer
Garage
  • Detached
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Mortgage calculator estimates are provided by CENTURY 21 Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information submitted to the MLS GRID as of 4/20/22 08:21. All data is obtained from various sources and may not have been verified by broker or MLSGRID. Supplied Open House Information is subject to change without notice. All information should beindependently reviewed and verified for accuracy. Properties may or may not be listed by the office/agentpresenting the information. Properties displayed may be listed or sold by various participants in the MLS. All listing data on this page was received from MLS GRID.