Active

3302 Kenilworth Avenue

Berwyn IL, 60402

$2,900,000


Active

Multi-family

Built in 1927

Courtesy of Citypoint Illinois LLC

Recently improved and re-leased to quality tenants. BEAUTIFUL 30-UNIT architectural brick apartment building in the Chicago suburb of Berwyn. The building consists of 29 Studios and 1 One-Bedroom units. The studios are VERY large and could easily be converted to all one-bedroom units as a relatively simple value-add play. The property is located only 1.5 blocks from the Berwyn Metra station and is adjacent to a lively retail district. BRAND NEW ROOF installed and the brick has been tuckpointed within the past 5 years. The building heating system has been converted to in unit electric baseboard heating. Owned by IL Licensed RE Broker. With a population of over 56,000, the City of Berwyn lies only 10 miles southwest of the Chicago Loop. A historic town in its own right, Berwyn was reported to have the highest concentration of financial institutions in the world in the 1990's. Today it's economy is primarily propped up by retail via Cermak Plaza, popular music venues and the Loyola MacNeal Hospital campus. Its proximity to downtown Chicago makes Berwyn an attractive option for those seeking a suburban lifestyle while still remaining close to the city.

12024899

MLS ID

April 9, 2024

Listed

February 20, 2025

Updated

Other Property Details

Area Name

Berwyn


Taxes

$72,936


Tax Frequency

Annually


Days on Market

131


Garage

No


View

No


County

Cook


Pool

No


Zoning

MULTI

Courtesy of Citypoint Illinois LLC, Melissa Topolewski,
Listing Contact: 630-532-7659 

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Data last updated 4:04 AM UTC, 2/20/2025

 

 

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