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$500,000

Est. payment - /mo

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7 Beds

3 Baths

New

7011 Roosevelt RD Berwyn, IL 60402

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12429493

Bedrooms 7

Year Built 1903

Annual Tax Amount $9,297

Tax Year 2023

Lot Dimensions 3,125 SQUARE FEET

Property Sub-Type Two to Four Units

Property Description

Amazing opportunity to own a well-maintained multi-unit property on a rare double lot in one of Berwyn's most dynamic and high-traffic corridors. Perfectly positioned on Roosevelt Road, this building offers unmatched visibility and signage potential-surrounded by thriving businesses, restaurants, and retail, and just steps from public transportation. With quick access to major highways, including I-290, I-55, and I-294, it's an ideal location for commuters, customers, or future tenants. Zoned for residential use but located in a mixed-use corridor, the property presents strong value-add potential-keep it as a rental income property or explore rezoning options for commercial use to open a storefront, office, or professional service business. The third floor includes an in-law arrangement, offering additional flexibility for extended family living, rental income, or potential owner-occupancy. The double lot provides extra space for expansion, parking, or redevelopment, making this a truly unique opportunity. Situated near Harlem Avenue and bordering Oak Park and Cicero, the area is experiencing rapid growth and revitalization. Whether you're expanding your real estate portfolio or launching a business, 7011 Roosevelt Rd is a strategic investment on a busy, high-demand street in a community full of opportunity. Property being sold as-is.

Location

State IL

County Cook

Area Berwyn

Zoning MULTI

Rooms

Basement None

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 2.0

Community Features Park

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding,Brick,Frame, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Vinyl Siding,Brick,Frame

New Construction false

Schools

Elementary Schools Jefferson Elementary School

Middle Schools Lincoln Middle School

High Schools J Sterling Morton West High Scho

School District 98 , 98, 201

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by Miguel Gomez Jr • Smart Home Realty

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106