2108 Highland Avenue new Save Request In-Person Tour Request Virtual Tour
Berwyn,IL 60402
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12259789
Style Brownstone
Bedrooms 5
Year Built 1917
Annual Tax Amount $10,276
Tax Year 2023
Lot Size 3,484 Sqft
Lot Dimensions 30X126
Property Description
This property is a buyer's dream with an assumable 2.7% mortgage and a fully renovated interior, including a modern kitchen with new cabinets, elegant tiling in the kitchen and bathroom, fresh paint in both units, and new windows in Unit 2. Both apartments are bright and spacious, with Unit 2, a three-bedroom apartment, capable of renting for at least $2,000 monthly, plus an additional $125 from the garage space, totaling $2,125 in potential income. Unit 2 is also Airbnb-ready, having previously rented for $125 per night, with all furniture available for purchase to launch your short-term rental business. Unit 1 is already rented for $1,825, contributing to a total building income that nets approximately $500 per month after mortgage and expenses (gas, sewer, and water). Additional perks include a lawn mower and tree saw for sale, newly reconstructed bricks on the top left side of the house (completed in late 2023), and security features like cameras and electric door locks, which can be retained for a negotiable price (only the camera NVR needs replacement). The basement laundry machine also provides extra income, generating $40-$60 monthly. This turnkey property offers excellent returns and convenience for both homeowners and investors.
Location
State IL
County Cook
Community Park,Pool,Curbs,Sidewalks,Street Lights,Street Paved
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Exterior Feature Porch
Parking Features Detached
Garage Spaces 2.0
View Y/N true
Roof Type Rubber
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
Elementary Schools Jefferson Elementary School
Middle Schools Lincoln Middle School
High Schools J Sterling Morton West High Scho
School District 98,98,201
Others
Ownership Fee Simple
Special Listing Condition None