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3724 Oak Park Avenue

Berwyn, IL 60402
  • $699,000
  • STATUS: Active
  • ON SITE: 99 Days
  • MLS #: 12511597
UPDATED: 15 min ago
$699,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1928
County:
Area:

School Ratings & Info

Description

AMAZING INVESTMENT OPPORTUNITY: Discover this rare opportuniy to own this solid all brick 6 unit building with a 4 car garage and outstanding income potential! The furnace was recently replaced in 2021 ensuring reliable heating for years to come. Each unit features one bedroom and one bathroom with beautiful hardwood flooring, spacous well designed layout with clearly defined living room, dinning room,kitche and bedroom areas. Several units include in unit washer and dryer, and hookus are available in all units providing extra convenience and value. Tenants enjoy individual storage area within the building and have acces to an all brick 4 car garage. The four car garage adds additional income potential through leased parking or storage options. Current rents are below market value , presenting strong upside for investors and a great chance for an owner to live in one unit while earning income from the others.. This exceptional opportuniy provides the increase of cash flow through rent adjustments and garage leasing. The unfinished basement provides even more opportunity to add an extra unit for an even greater return. With classic brick construction a well maintained structure and numerous value add opportunities, this property is truly a once in a life time opportunity!. (Broker has an ownership interest in the property)

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2026-02-14T05:33:28.38 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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3724 Oak Park Avenue Berwyn, IL 60402

  • Price: $699,000
  • Status: Active
  • On Site: 99 Days
  • Updated: 15 min ago
  • MLS #: 12511597
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1928
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
AMAZING INVESTMENT OPPORTUNITY: Discover this rare opportuniy to own this solid all brick 6 unit building with a 4 car garage and outstanding income potential! The furnace was recently replaced in 2021 ensuring reliable heating for years to come. Each unit features one bedroom and one bathroom with beautiful hardwood flooring, spacous well designed layout with clearly defined living room, dinning room,kitche and bedroom areas. Several units include in unit washer and dryer, and hookus are available in all units providing extra convenience and value. Tenants enjoy individual storage area within the building and have acces to an all brick 4 car garage. The four car garage adds additional income potential through leased parking or storage options. Current rents are below market value , presenting strong upside for investors and a great chance for an owner to live in one unit while earning income from the others.. This exceptional opportuniy provides the increase of cash flow through rent adjustments and garage leasing. The unfinished basement provides even more opportunity to add an extra unit for an even greater return. With classic brick construction a well maintained structure and numerous value add opportunities, this property is truly a once in a life time opportunity!. (Broker has an ownership interest in the property)
Exterior Features

Foundation Details Concrete Perimeter Frontage Type City Street Roof Structure Flat

Interior Features

Basement Details Unfinished Cooling None Heat Ventilation Central Bldg HeatGasRadiatorsSteam Number Of Dishwashers 0 Number Of Dryers 3 Number Of Washers 3

Property Features

Additional Parcels YN No Approximate Age Older Association Fee Includes HeatWaterExterior MaintenanceLawn CareSnow Removal Built Before1978 YN Yes Current Use Multi-Family Gross Income 79200 Gross Scheduled Income 39600 Insurance Expense 5460 Maintenance Expense 0 Mls Actual Status Active Net Operating Income 0 Operating Expense 0 Ownership Types Individual Seller Needs Other Tax Annual Amount 19661.64 Tax Year 2023 Tenant Pays ElectricityOther Total Monthly Income 6600 Type Multi Family 5+ Zoning MULTI

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of MPower Residential Brokerage LLC: 312-498-8473.


© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2026-02-14T05:33:28.38 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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