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$775,000
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Property Description
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a multi-family investment Property located at 1623 S Harlem Avenue in Berwyn, Illinois (the "Property"). The three story brick building contains six (6) units comprised of four (4), 2-Bedroom/1-Bathroom units and two (2), 1-Bedroom/1-Bathroom units with 4,810 square feet of living area on 0.14-acres of land. The Property features an on-site laundry facility and offers four on-site parking spaces at the rear of the Property. The Property is well-located in a densely populated residential neighborhood along Harlem Avenue. The Property is positioned in between Roosevelt Road and W Cermak Road, the primary commercial corridors running through Berwyn. The property offers convenient access to grocery stores, restaurants, and numerous other retail amenities. 1623 S Harlem Avenue is ideally positioned for commuters with quick and convenient access to public transportation (Harlem CTA Station, Harlem Avenue and Berwyn METRA Stations, and numerous Pace bus lines along Harlem Avenue) and Interstates 55 & 290.
Full Property Details
Full Property Details for 1623 Harlem Ave
General
- Price: $775,000
- HOA FEE: $1,800
- Taxes: $13,205 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12205946
- Updated: 11/13/2024
- Added to Site: 112 day(s) ago
Parking
- Parking Features: 1 to 5 Spaces
Location
- Area: Berwyn
- County: Cook
- Driving Directions: The property is a few blocks from Roosevelt Road and W Cermak Road, the area's primary commercial corridors. The area offers convenient access to Walmart, Costco, grocery stores (Jewel Osco and ALDI), restaurants (Starbucks, Dunkin', McDonald's, Olive Garden, Chili's, Panera Bread, and Chick-Fil-A), and countless other retail amenities found in the Forest Park Plaza, Cermak Plaza and North Riverside Plaza which are within a mile of the Property and home to grocers, big box retailers, clothing stores and numerous restaurants. The Property is located within 3-miles of Miller Meadow, McCormick Woods, Brookfield Zoo, and Cermak Woods Nature Preserve
Heating & Cooling
- Heating Type: Gas
Utilities
- Trash: 2928
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 3
- Current Bldg. Use: Multi-Family
- Year Built: 1883
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.14
- Lot Dimensions: .14
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $1,800
- Insurance Fee: $3,330
- Operating Expenses: $33,431
- Other Fee: $3,407
- Assessment Year: 1883
- Tax Amount: $13,205.64
- Tax Year: 2023
- Tenant Pays: Electricity
- Pays Electric: 360
- Pays Trash: 2928
Disclosures and Reports
- Property ID: 16193000490000
Listed by Horvath & Tremblay IL, LLC
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Schools
Schools serving 1623 Harlem Ave
School Districts:Berwyn North School District 98, J S Morton High School District 201
Rating | Name | Grades | Distance |
---|---|---|---|
7035 16th St, Berwyn, IL 60402 | PK-5 | 0.2 mi | |
6432 16th St, Berwyn, IL 60402 | 6-8 | 0.9 mi | |
2400 Home Ave, Berwyn, IL 60402 | 9-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1623 Harlem Ave
Date
Details
Price
Change
Source
9/05/2024
Listed
$775,000
2483.33%
MLS
8/01/2014
Sold
$30,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1623 Harlem Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$14,496
5%
$36,169
—
2021
$13,806
3%
$36,169
—
2020
$13,445
11%
$36,169
23%
2019
$12,089
4%
$29,310
—
2018
$11,613
3%
$29,310
—
2017
$11,254
12%
$29,310
23%
2016
$10,080
2%
$23,831
—
2015
$9,891
3%
$23,831
—
2014
$9,615
-11%
$23,831
-21%
2013
$10,846
6%
$30,239
—
2012
$10,197
—
$30,239
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1623 Harlem Ave
1623 Harlem Avenue, Berwyn, IL 60402 (MLS# 12205946) is a Commercial property. 1623 Harlem Avenue is currently listed for $775,000 and was received on September 05, 2024. Want to learn more about 1623 Harlem Avenue? Do you have questions about finding other Commercial real estate for sale in Berwyn? You can browse all Berwyn real estate or contact a Coldwell Banker agent to request more information.