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3724 Oak Park Avenue Berwyn, IL 60402 Multi Unit - Multiple Contingent

  • 3724 Oak Park Avenue, Berwyn, IL 60402 Main Photo

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Description

AMAZING INVESTMENT OPPORTUNITY: Discover this rare opportuniy to own this solid all brick 6 unit building with a 4 car garage and outstanding income potential! The furnace was recently replaced in 2021 ensuring reliable heating for years to come. Each unit features one bedroom and one bathroom with beautiful hardwood flooring, spacous well designed layout with clearly defined living room, dinning room,kitche and bedroom areas. Several units include in unit washer and dryer, and hookus are available in all units providing extra convenience and value. Tenants enjoy individual storage area within the building and have acces to an all brick 4 car garage. The four car garage adds additional income potential through leased parking or storage options. Current rents are below market value , presenting strong upside for investors and a great chance for an owner to live in one unit while earning income from the others.. This exceptional opportuniy provides the increase of cash flow through rent adjustments and garage leasing. The unfinished basement provides even more opportunity to add an extra unit for an even greater return. With classic brick construction a well maintained structure and numerous value add opportunities, this property is truly a once in a life time opportunity!. (Broker has an ownership interest in the property)

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Cook
Listed By:
MPower Residential Brokerage LLC 312-498-8473
MRED MLS
$699,000
Est. $4,485/mo
New to the Market Contingent
BEDS0 BATHS MLS#12614658
STATUSContingent PROPERTY TYPEMulti Unit - Multiple

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3724 Oak Park Avenue, Berwyn, IL 60402.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $699,000$699,000$699,000
Down Payment $139,800$24,465$174,750
Monthly Mortgage Amount $3,308$4,115$4,284
Taxes $973$973$973
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$307$0
Monthly Estimated Total $4,485$5,599$5,461

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