2345 Cuyler Avenue, Berwyn, Illinois 60402


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$425,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 7
Baths: 0
Year Built: 1924
Property Taxes: $11,075
Days On Market: 2542
Lot Size: 0,08
Map
Street View

Description

A TRULY GREAT INVESTMENT OPPORTUNITY. REHABBED, LEGAL 4 UNIT BRICK BUILDING. THE FRONT, UPPER LEVEL UNIT HAS 2 BEDROOMS AND 1 BATH WITH HARDWOOD FLOORS. THE REAR, UPPER LEVEL UNIT HAS 1 BEDROOM AND 1 BATH WITH HARDWOOD FLOORS. THE FRONT, LOWER LEVEL UNIT HAS 2 BEDROOMS AND 1 BATH WITH CERAMIC TILE FLOORS. THE REAR LOWER LEVEL UNIT HAS 1 BEDROOM AND 1 BATH. EACH UNIT HAS A SEPARATE HEATING UNIT SO EACH TENANT PAYS THEIR OWN GAS AND ELECTRIC COSTS. BUILDING OWNER PAYS ONLY WATER AND GARBAGE REMOVAL. USING THE ASKING PRICE AS THE BASE, THIS BUILDING BOASTS A CAP RATE OF 9.4% AND A GROSS RENT MULTIPLIER OF 7.6. THESE ARE GREAT NUMBERS FOR A NO RISK INVESTMENT.

Property Specifics

Multi-unit
1924
Full,Walkout
No
0.08
Cook
— / —
Lake Michigan
Public Sewer, Sewer-Storm
10357262
16291090200000

Property History

DATE: EVENT: PRICE: SOURCE:
22 Dec, 2014 Sold $135,000 MRED MLS
12 Nov, 2014 Under contract $196,900 MRED MLS
30 Jun, 2014 Listed for sale $196,900 MRED MLS
22 Mar, 2018 Sold $207,500 MRED MLS
17 Feb, 2018 Under contract $259,750 MRED MLS
Last price change $269,500 MRED MLS
13 Dec, 2017 Listed for sale $269,500 MRED MLS
7 Jun, 2019 Sold $425,000 MRED MLS
30 Apr, 2019 Under contract $429,000 MRED MLS
24 Apr, 2019 Listed for sale $429,000 MRED MLS
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Room Specifics

All Bedroom Info:
Total Bedrooms: 7
Bedrooms Above Ground: 7
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: Full,Walkout
Basement Description: Finished

Other Specifics

2
Patio
Corner Lot,Fenced Yard
30' X 126'
Not in DB
Sidewalks, Street Lights, Street Paved

Tax History

Year Property Taxes
2014 $10,046
2018 $11,937
2019 $11,075

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Contact Agent

Listing Provided By

Mid-America Realty