ClosedPrice Reduced

$382,000

$395,000
1907 Highland Avenue, Berwyn, IL 60402
5 Beds3 Baths146 days
1907 Highland Avenue·Berwyn, IL 60402
5Bedrooms
3Bathrooms
1914Year Built
About This Home

Introducing this charming and versatile two-flat brick multi-unit property, that promises the ideal blend of comfortable living and smart investment opportunities. This well-maintained property boasts two spacious units, making it an excellent choice for owner-occupiers seeking to offset their mortgage payments or savvy investors looking for a promising rental income. Two Spacious Units: Each of the two units within this brick two-flat offers generous living spaces, providing ample room for comfortable living. The layout ensures privacy and convenience for both occupants. Owner-Occupied Bliss: This property is designed to accommodate owner-occupiers seamlessly. Live in one of the units and enjoy the benefits of homeownership while renting out the other unit to help cover your mortgage payments. It's a fantastic way to achieve financial stability while enjoying the comforts of home. Investor's Dream: For the discerning investor, this two-flat is an enticing opportunity. With two separate units, you can maximize your rental income potential. The partially finished basement adds valuable versatility to this property. It can be utilized for storage, a laundry area, or even converted into additional living space, enhancing the overall value and potential income. Separate Utilities: One of the standout features of this two-flat is the separate utilities for each tenant. This arrangement ensures that tenants are responsible for their own utility bills, reducing the landlord's overhead costs and simplifying the management of the property. Don't miss out on this opportunity to secure your financial future with this versatile property. This is an "as is" sale pre sale inspection has been completed as of December 2023 by City of Berwyn.

MLS# 11888740Listed September 21, 2023Residential Income
Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms3
Total Rooms11

Size & Structure

Garage Spaces2
Year Built1914
Lot Size30 X 125

Location

CountyCook
TownshipBerwyn
Zip Code60402

Financial

List Price$382,000
Original Price$395,000
Annual Taxes (2021)$10,403
Monthly Tax Est.$867
Parcel #16203230030000
Interior Features

Heating

Radiator(s)Sep Heating Systems - 2+

Basement

Partially FinishedPartial
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

On SiteGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$10,403
Tax Year 2021
Monthly Tax Est.
$867
per month
Price Reduced by $13,000
Original list price: $395,000
Property Location

1907 Highland Avenue, Berwyn, IL 60402Cook County

$382,000
1907 Highland Avenue
5 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
146 days on market
2-car garage
30 X 125
$10,403/yr taxes
Price reduced $13,000
$2,874
estimated monthly payment
Principal & Interest
$2,008/mo
Property Tax
$867/mo
$382,000
20% — $76,400
3%50%
6.875%
3%12%
Loan Amount
$305,600
Down Payment
$76,400

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Realty of Chicago LLC
Agent: Janette Pacheco
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