3302 Kenilworth AVE 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 Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 20,000 sqft

Price per Sqft $145

MLS Listing ID 12435940

Maintenance Fees $25,000

Year Built 1927

Annual Tax Amount $72,936

Tax Year 2022

Lot Dimensions 8972

Property Sub-Type Multi Family 5+

Property Description

Recently renovated and fully re-leased to quality tenants, this striking 30-unit architectural brick apartment building offers a rare investment opportunity in the high-demand Chicago suburb of Berwyn. The property features 29 spacious studio units and 1 one-bedroom unit, with a straightforward path to converting the studios into one-bedrooms-presenting a clear value-add strategy for increased rental income. Ideally situated just 1.5 blocks from the Berwyn Metra station and steps from a vibrant retail corridor, the building benefits from strong transit access and neighborhood amenities. Major capital improvements include a newer roof, recent brick tuckpointing, and an upgraded heating system with efficient in-unit electric baseboard heating. IL Licensed Broker has a partial interest of the LLC that holds title to the property.

Location

State IL

County Cook

Area Berwyn

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplace N

Building

Dwelling Type Multi Family 5+

Water Municipal Water

Structure Type Brick,Wood

Listed by Marcin Chojnacki of Citypoint Illinois LLC

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106