1. Illinois
  2. Berwyn
  3. 3302 Kenilworth Avenue
$3,000,000

3302 Kenilworth Avenue, Berwyn, IL 60402

  • 20,000 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1927
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $150/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Recently renovated and fully re-leased to quality tenants, this striking 30-unit architectural brick apartment building offers a rare investment opportunity in the high-demand Chicago suburb of Berwyn. The property features 29 spacious studio units and 1 one-bedroom unit, with a straightforward path to converting the studios into one-bedrooms-presenting a clear value-add strategy for increased rental income. Ideally situated just 1.5 blocks from the Berwyn Metra station and steps from a vibrant retail corridor, the building benefits from strong transit access and neighborhood amenities. Major capital improvements include a newer roof, recent brick tuckpointing, and an upgraded heating system with efficient in-unit electric baseboard heating. IL Licensed Broker has a partial interest of the LLC that holds title to the property.

Listing Status:
Active
Listing Office:
Citypoint Illinois LLC : 847-744-5003
Listing Agent:
Marcin Chojnacki : 847-744-5003
MLS ID:
12346897
  • A/C: Window Unit(s)

This listing courtesy of Marcin Chojnacki, Citypoint Illinois LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

J Sterling Morton West High School

2400 Home Ave, Berwyn, IL, 60402

Grades 9-12

1.01 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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