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:	2737
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

Proerty Type	Multi-unit
Stories	—
Style	—
Year Built	1924
Basement	Full, Walkout
Exterior	Brick
Roof	—
Model	—
Waterfront	No
Lot Size	0.08

County	Cook
Subdivision	—
Association Fees / Frequency	— / —
Association Fees Includes	—
Water	Lake Michigan
Sewer	Public Sewer, Sewer-Storm
Air Conditioning	—
Heating	Natural Gas
MLS #	10357262
PIN #	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

Bathroom Info:
Full Bathrooms: 4

Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —

Additional Rooms Info:
Rooms: —

Basement: Full, Walkout

Other Specifics

Garage	2
Foundation	—
Parking	Garage
Laundry	—
Flooring	—
Patio / Porch	—
Exterior Features	Patio
Lot Description	Corner Lot, Fenced Yard
Lot Dimensions	30' X 126'
Attic	—
Master Bathroom	—
Miscellaneous	—
Appliances	—
Equipment/Fixtures	Not in DB
Area	Sidewalks, Street Lights, Street Paved
Common Area	—
Fireplace(s) Info	—