3302 Kenilworth Avenue, Berwyn, IL

$2,900,000

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About 3302 Kenilworth Avenue

Recently renovated and fully re-leased to quality tenants, this striking 30-unit architectural brick apartment building offers a rare investment opportunity in the high-demand Chicago suburb of Berwyn. The property features 29 spacious studio units and 1 one-bedroom unit, with a straightforward path to converting the studios into one-bedrooms-presenting a clear value-add strategy for increased rental income. Ideally situated just 1.5 blocks from the Berwyn Metra station and steps from a vibrant retail corridor, the building benefits from strong transit access and neighborhood amenities. Major capital improvements include a newer roof, recent brick tuckpointing, and an upgraded heating system with efficient in-unit electric baseboard heating. IL Licensed Broker has a partial interest of the LLC that holds title to the property.

Features of 3302 Kenilworth Avenue

MLS® # 12435940
Price $2,900,000
Bathrooms 0.00
Acres 0.00
Year Built 1927
Type Commercial Sale
Sub-Type Multi Family 5+
Status Contingent

Community Information

Address 3302 Kenilworth Avenue
Area Berwyn
City Berwyn
County Cook
State IL
Zip Code 60402

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Window Unit(s)
Fireplace No
Has Basement No

Exterior

Exterior Brick, Wood
Foundation Concrete Perimeter

Additional Information

Days on Market 84
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCitypoint Illinois LLC
Contact Info847-744-5003

Listing Map

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