8622 W Berwyn Avenue Chicago, IL ^$ 1,050,000

8622 W Berwyn Avenue

^$ 1,050,000

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8622 W Berwyn Avenue

Chicago, IL, 60656

^$ 1,050,000

Bedrooms12 Baths0.0

Monthly Estimate*

^$ 7,335

8622 W Berwyn Avenue, Chicago, IL 60656 - Image 1

8622 W Berwyn Avenue, Chicago, IL 60656 - Image 2

8622 W Berwyn Avenue, Chicago, IL 60656 - Image 3

8622 W Berwyn Avenue, Chicago, IL 60656 - Image 4

8622 W Berwyn Avenue, Chicago, IL 60656 - Image 5

8622 W Berwyn Avenue, Chicago, IL 60656 - Image 6

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8622 W Berwyn Avenue, Chicago, IL 60656 - Image 8

8622 W Berwyn Avenue, Chicago, IL 60656 - Image 9

8622 W Berwyn Avenue, Chicago, IL 60656 - Image 10

Multi-Family Home for sale in Chicago, IL

for $1,050,000 with 12 bedrooms. This home was built in 1970 on a lot size of 0.125344.

8622 W Berwyn Avenue is a 6-flat in the O'Hare submarket with strong in-place income. The current monthly rent roll is $8,455/month. The property consists of six (6) two-bedroom units and six (6) surface parking spaces. Additionally, the property features a full basement with on-site laundry, storage lockers and a bonus space that spans hall the basement. This is a great investment opportunity in a high demand rental market.

Multi-Family Contingent

Price

^$ 1,050,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 15,364

Style

Lot Size

0.125344

Year Built

1970

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12020169

Features

General

Year Built 1970

Tenant Pays Electricity

Stories 3

Tax Year 2022

Gross Income 101460

County Cook

Net Operating Income 69091

Operating Expense 34768

Insurance Expense 4994

Property Type Commercial Sale Multi Family 5+

Contingency Attorney/Inspection

Status Contingent

Directions Follow I-90W to Exit 79A. Continue on IL-171 S/N to Cumberland Ave. Drive to W Berwyn Ave.

City Chicago

Total Units 6

MLS Area CHI - O'Hare

Lot Size Square Feet 5460

Street Name Berwyn

Tax Annual Amount 15364

Electric Expense 510

Fuel Expense 7823

Trash Expense 1538

Water Sewer Expense 3416

Additional Parcels Y/N N

Days on Market 6

Standard Status Active Under Contract

Exterior

Lot Dimensions 5460

Interior

Street Suffix Avenue

* Excluded Features

List By

Flats, Llc

Broker

melissa13@aol.com

Affordability Calculator

$8,615

Per Month

Monthly Principal & Interest: $7,335
Monthly Property Taxes: $1,280
Monthly Home Insurance: --

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Down Payment

Loan Term

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$641,033

Percent of Sale Price 39%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/3/2024	$1,050,000		Listed Price

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8622 W Berwyn Avenue, Chicago, IL, 60656 is a Multi-Family Home for sale at $1,050,000 with a lot size of 0.125344. 8622 W Berwyn Avenue has 12 bedrooms, 0.0 baths, and was built in 1970. The property's zip code is 60656 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 5/3/2024.

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8622 W Berwyn Avenue

Multi-Family Home for sale in Chicago, IL

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