1. Illinois
2. Berwyn
3. 6810 31st Street

6810 31st Street, Berwyn, IL 60402

• 7 beds |
• 4 baths

Property Description

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.

Listing Status:

Active

Listing Office:

RE/MAX 1st Service : 815-834-9919

Listing Agent:

Margaret Marasco : 815-302-2760

MLS ID:

12452606

Interior

• Master Bath: Soaking Tub
• Basement: None
• Heating: Natural GasBaseboard

Exterior

Location

Lot

Utilities

Financial

This listing courtesy of Margaret Marasco, RE/MAX 1st Service