ClosedPrice Reduced

$484,900

$499,900
6810 31st Street, Berwyn, IL 60402
7 Beds4 Baths36 days
6810 31st Street·Berwyn, IL 60402
7Bedrooms
4Bathrooms
1910Year Built
About This Home

Investor's Dream ... Outstanding Investment Opportunity in Prime Berwyn Location! Solid brick 4-unit apartment building just steps from a Metra stop - perfect for commuters and close to public transit, shopping, dining, walking distance to Proksa Park and YMCA. All units feature functional layouts with long-term tenants, but kitchens and bathrooms are dated-offering excellent potential for future updates and rent increases. An ideal property for investors seeking to add value and boost cash flow over time. Don't miss this income-producing asset in a high-demand rental market with strong tenant retention and excellent upside! Unit Breakdown:(1) 3BR/1BA: leased through 6/2026 and features vinyl floor in kitchen, hardwood in Bedrooms/living/dining room; (1) 2BR/1BA: leased through 7/31/2026: carpeted living/bedrooms, vinyl galley kitchen, balcony; (2) 1BR/1BA: one unit has laminate living room floor, carpeted bedroom/dining, vinyl kitchen, balcony access; Other vacant unit has laminate flooring in living room, new carpeted dining room and bedroom, ceiling fan, and vinyl kitchen. Building Features: coin-op laundry ($1.25/load) = extra income; 1-car brick garage (new overhead door/opener to be installed once permits are approved and contractor is available to install) = additional income; 4 tenant storage units; gas baseboard heat (owner pays gas, water, garbage; tenants pay electric); oven & refrigerator in each unit; new roof on building & new tar on garage roof (2025), hot water tank (approx. 5 yrs), circuit breakers; and charming courtyard (which can possibly be converted into a parking area (check with Berwyn if they will allow). Tenant Info: One (1 bedroom) unit is month-to-month (flexibility for rent increases). One (1 bedroom with balcony) unit is vacant. Buyer responsible to correct the following two Berwyn-required repairs from point of sale inspection report: 3rd-floor balcony railings - not to current code and stairwell requires emergency lighting with battery backup. Garage has a crawl space, which contains plumbing. Sold AS IS. Showings require 24-48 hours' notice.

MLS# 12452606Listed August 29, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms4
Total Rooms19

Size & Structure

Garage Spaces1
Year Built1910
Lot Size40x60

Location

CountyCook
TownshipBerwyn
Zip Code60402

Financial

List Price$484,900
Original Price$499,900
Annual Taxes (2023)$12,165
Monthly Tax Est.$1,014
Parcel #16311070400000
Interior Features

Heating

Natural GasBaseboard

Basement

None
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public SewerStorm Sewer

Water Source

Lake Michigan

Parking

No GarageYesGarage OwnedDetachedGarage
Schools
Elementary
Emerson Elementary School
District: 100
Middle School
Irving Elementary School
District: 100
Tax & Financial
Annual Taxes
$12,165
Tax Year 2023
Monthly Tax Est.
$1,014
per month
Price Reduced by $15,000
Original list price: $499,900
Property Location

6810 31st Street, Berwyn, IL 60402 — Cook County

$484,900
6810 31st Street
7 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
36 days on market
1-car garage
40x60
$12,165/yr taxes
Price reduced $15,000
$3,562
estimated monthly payment
Principal & Interest
$2,548/mo
Property Tax
$1,014/mo
$484,900
20% — $96,980
3%50%
6.875%
3%12%
Loan Amount
$387,920
Down Payment
$96,980

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

Listed by
RE/MAX 1st Service
Agent: Margaret Marasco
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