1471 W Berwyn Ave., Chicago, IL 60640

1471 W Berwyn Ave., Chicago, IL 60640
Photo 1 of 1
$1,250,000
Sold on 4/04/22
Beds Baths Sq. Ft. Taxes Built
7 0.00 0 $14,982.98 1909
On the market: 60 days
View full details, 15 photos, school info, and price history
Be prepared to fall in love! This magnificent legal three-unit Chicago greystone sits regally on an oversized lot and is nothing short of perfection. Attention to detail coupled with consistent proactive maintenance translate into a pristine and beautiful offering, just steps from the charm of Clark Street. What makes this building most special is that the above-grade units each boast three bedrooms, two bathrooms, and a sunny south-facing sitting room or office (in addition to living and dining rooms and spacious private decks). Enjoy sun-filled homes with light that simply floods in, beautiful hardwood floors, and built-ins. Laundry room with side-by-side appliances is a perk to the top floor home. The legal one-bedroom garden has a private entrance and is bright, clean, and cozy. The improvements are abundant, so please reference the supplemental document but trust the roof was new in October 2018 (with a warranty through 2024, which can be extended), the masonry has been proactively spot tuckpointed, and the high-efficiency boiler was new in October 2018 (with a warranty through 2023 on parts/2033 on heat exchanger). The garden has a mini-split heating/cooling system, which was new in April 2019 (with a warranty through 2031). Two of the three water heaters remain under warranty, as do many of the kitchen appliances. The common electrical is broken out on a fourth panel. There is an underground sprinkler system and a patio in the back that meets a two-car garage and parking pad, which can accommodate two cars parked in tandem. The superb location, quality of the units, and meticulous upkeep consistently attract long-term tenants and minimize vacancy. There is a Starbucks on your corner, and the building is a short walk to the Red Line, the Lakefront Trail and the beach. Consider the turnkey use of the space as you see fit: perfect to owner-occupy one unit and rent out the remaining two, rent all three and collect passive income in a highly rentable location, or convert to a single-family home. This building is a rare gem!
Listing courtesy of Stephanie LoVerde, Baird & Warner