Pending price: $284,000
Beautiful, sunny 2-flat gut-rehabbed in late 2013. Perfect for owner-occupant or investor. Bldg has new HVAC, electrical, plumbing, insulation & interiors w/new baths & kitchens w/new cabinets, granite counters, stainless steel appliances, ceramic tile floors & eat-in area. Full-length walk-up attic (for storage or to partially finish out). Separately metered heat/central air/electrical. Each unit has stacked washer/dryer & enclosed back porch. Lots of natural light-adjoining house to the north is set far back on its lot. Fenced back yard w/2 patios & new, just-installed back yard sidewalk. Detached 2-car garage with 2nd overhead door that opens to back yard & brick patio. Fully leased but 1st floor tenants (who lease the garage) can vacate early. 2nd floor tenants want to renew or can relocate to 1st floor. Close to parks, shopping, buses, Metra train, Berwyn's bustling Depot District. Upside potential: Projected 2015-2016 annual gross income: $29,160. 6.7% cap rate (on current NOI)
Listing courtesy of Carrington Real Estate Services(US) LLC
2809 Highland Ave. is a multi-unit home built in 1917, and is located in Berwyn, IL. It has 4 bedrooms and 2 bathrooms, a 2-car garage, and has annual property taxes of $6,249. This home goes to Piper School, Freedom Middle School, and J Sterling Morton West High School.
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