8638 W Berwyn Avenue, Chicago, IL 60656 - Photo 1

1/1

$845,000

Sold
Closed
Commercial
6 Parking Spaces

1/1

Property Description

Fantastic O'Hare location!! Great solid-brick income property located off Cumberland Ave! Units are 2 bedroom, 1 bath, plus additional rental income. Brand new roof, gutters and windows installed in 2017. Storage cages in basement for tenant use, plus off-street parking included! Additional monthly income from on-site washer/dryer. One 1st floor unit comes with brand new walk-in shower. One 3rd floor unit has new kitchen w/granite counters and updated bathroom. Walk to the Cumberland Blue line (with access to O'Hare and Downtown Chicago), public transportation. Near I-90, I-294. Minutes away from Rosemont Entertainment District, restaurants, Designer Outlet Mall, LA Fitness. Current rents reflect long-term tenant occupancy - rental growth potential. Property is being sold As-Is.

Full Property Details

Full Property Details for 8638 W Berwyn Ave

General

Sold For: $845,000
Taxes: $4,637 (2020)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 11647545
Added to Site: 820 day(s) ago

Parking

Total Spaces: 6
Parking Features: 6 to 12 Spaces

Location

Area: CHI - O'Hare
County: Cook
Driving Directions: Foster Ave West to Cumberland, North to Berwyn Ave, West to Property; or I-90 to Cumberland (South) Exit, South to Berwyn Ave, West to Property

Heating & Cooling

Cooling Type: Wall Sleeve
Heating Type: Central Heat/Individual Controls, Hot Water, Baseboard

Structural Information

Construction: Brick
Exterior Const.: Brick
Stories/Levels: 3
Year Built: 1974
Built Before 1978: Yes

Unit Information

Units w/Refrigerators: 7
Units w/Range/Oven: 7
# Dryers: 1

Lot Features

Lot Dimensions: 42 x 129

Financial Considerations

Operating Expenses: $20,447
Assessment Year: 1974
Tax Amount: $4,637.35
Tax Year: 2020
Tenant Pays: Air Conditioning, Electricity

Disclosures and Reports

Property ID: 12111180190000

Listed by Baird & Warner
Sold by RE/MAX City

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Listing agent

— 8638 W Berwyn Ave —

Baird & Warner

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Schools

Schools serving 8638 W Berwyn Ave

School District:Chicago Public Schools

Rating	Name	Grades	Distance
	Dirksen Elementary School, Chicago, IL 8601 W Foster Ave, Chicago, IL 60656	PK-8	0.2 mi
	William Howard Taft High School 6530 W Bryn Mawr Ave, Chicago, IL 60631	9-12	2.7 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 8638 W Berwyn Ave

Date

Details

Price

Change

Source

12/05/2022

Sold

$845,000

-0.29%

MLS

10/07/2022

Listed

$847,500

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Just Listed

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Commercial
Active
Updated 4 days ago

4,400
Sq. Ft.

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Just Listed

$160,000

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Single Family
Active
Updated 5 days ago

4
Beds
3
Total Baths
1,720
Sq. Ft.

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Just Listed

$409,900

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Multi-Family
Active
Updated 2 days ago

6
Total Beds

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Just Listed

$219,900

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Single Family
Active
Updated 1 day ago

3
Beds
1
Total Bath
1,104
Sq. Ft.

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Price Reduced

-$20,000 (-6.69%)

$279,000

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Single Family
Active
Updated 1 day ago

3
Beds
3
Total Baths
1,680
Sq. Ft.

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Price Reduced

-$10,000 (-1.03%)

$964,900

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Commercial
Active
Updated 1 day ago

7,000
Sq. Ft.

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Price Reduced

-$16,000 (-10.96%)

$130,000

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Condo
Active
Updated 1 day ago

1
Bed
1
Total Bath
840
Sq. Ft.

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Price Reduced

-$10,000 (-3.57%)

$270,000

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Single Family
Active
Updated 5 days ago

2
Beds
1
Total Bath
992
Sq. Ft.

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Sold

$748,000

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Multi-Family
Closed

9
Total Beds

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Sold

$775,000

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Lots/Land
Closed

0.43
Acres

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Sold

$760,000

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Single Family
Closed

4
Beds
4
Total Baths
4,000
Sq. Ft.

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Sold

$905,000

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Commercial
Closed

8638 W Berwyn Avenue, Chicago, IL 60656 (MLS# 11647545) is a Commercial property that was sold at $845,000 on December 05, 2022. Want to learn more about 8638 W Berwyn Avenue? Do you have questions about finding other Commercial real estate for sale in O'Hare? You can browse all O'Hare real estate or contact a Coldwell Banker agent to request more information.

8638 W Berwyn Ave Chicago, IL 60656