For Sale
$775,000

6701 19Th St Berwyn, IL 60402

Eight-unit building, strong income potential

Overview

Added:
Feb 3
Days on market:
79
This attractive eight-unit multifamily property located at 6701 W 19th Street, Berwyn, IL, is offered at $775,000. The building features classic architectural brick construction and a garden setting. Each of the eight units provides a one-bedroom, one-bathroom layout, currently generating rental income. This presents a compelling investment opportunity with potential for significant appreciation. The property is situated in a desirable Berwyn location, benefiting from the area's growing market. While the building is currently generating income, it would benefit from renovations and upgrades to maximize its rental potential. These updates could include modernizing fixtures, kitchen and bathroom renovations, and aesthetic improvements to attract higher-quality tenants and command higher rents. The property sits on a lot of less than one acre. The existing income stream provides a solid foundation for future investment in property improvements and increased profitability. This is an excellent opportunity for an investor seeking a multifamily property in a thriving market with potential for substantial returns. The property's current condition offers a chance to add value through strategic renovations and upgrades. The location in Berwyn offers convenience and accessibility to local amenities and transportation.

Property Details for 6701 19Th St

Property type
Commercial real estate
Year Built
1920

Location Insight

City
Berwyn
County
Cook
State
Illinois
Latitude
41.8542
Longitude
-87.79123

FAQs

What type of property is this?
Commercial real estate - Eight-unit building, strong income potential
Where is the commercial real estate located?
The property is located at 6701 19Th St Berwyn, IL.
What is the asking price?
The asking price for this property is $775,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
6701 19Th St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message