1647 Euclid Avenue, Berwyn, IL

$659,900

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About 1647 Euclid Avenue

Discover an exceptional investment opportunity with this prime North Berwyn corner building. This fully rented, updated brick property boasts a strategic location between 16th st. and Cermak road ensuring convenience and high demand. Featuring two spacious two-bedroom and four cozy one-bedroom apartments, this legal 5-unit property is a secure income generator. Additionally, a fully rented three-car garage adds to the revenue stream ($4600 annually), & coin laundry of ($2400 annually). Sold in AS-IS condition, with Buyer to assume all City of Berwyn Compliance repairs, certifications and escrow. Recent upgrades include a new 75-gallon hot water heater (2022), fresh carpeting and paint throughout (2023), new appliances in some units, and new windows for the majority of the building (2023). All units have separate Gas/Electric meters. This turnkey investment with month-to-month leases offers modern comfort and strong income potential. Own a property that blends convenience, updates, and financial security.

Features of 1647 Euclid Avenue

MLS® # 12028178
Price $659,900
Bathrooms 0.00
Acres 0.00
Year Built 1953
Type Commercial Sale
Sub-Type Multi Family 5+
Status Contingent

Community Information

Address 1647 Euclid Avenue
Area Berwyn
City Berwyn
County Cook
State IL
Zip Code 60402

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Days on Market 26
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty

Listing Map

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