Investment Opportunity in Berwyn! This fantastic 3-unit property features one beautifully updated unit, perfect for immediate rental income. The remaining two units, while well-maintained, present a unique opportunity for value enhancement. With a little TLC, these units can be transformed into modern spaces, boosting equity and maximizing cash flow potential. Ideal for house hackers and savvy investors looking to capitalize on Berwyn's growing market, this property is a smart choice for those ready to put in some work and reap the rewards. Don't miss out on this chance to create your own cash flow cow in a thriving area!
Closed
$465,000
1922 Grove Ave, Berwyn, IL 60402
5beds
--sqft
Multi Family
Built in 1928
-- sqft lot
$497,400 Zestimate®
$--/sqft
$1,956 Estimated rent
Home value
$497,400
$443,000 - $557,000
$1,956/mo
Zestimate® history
Owner options
List your home for rent
$1,956/mo
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$1,956/mo
Rent Zestimate®
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$3,285/mo
Est. payment
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$3,285/mo
Est. payment
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Modern spacesBeautifully updated unit
Zillow last checked:
Listing updated:
Listing courtesy of:
Alex Oviedo 708-964-8858,
Realty of America, LLC
Bought with:
Rolando Herrera Jr
Avenue Properties Chicago
Source: MRED as distributed by MLS GRID,MLS#: 12272411
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Steam
Features
- Basement: Finished,Walk-Out Access
Property
Parking
- Total spaces: 2
- Parking features: On Site, Detached, Garage
- Garage spaces: 2
Lot
- Size: 4,224 sqft
Details
- Parcel number: 16193220220000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Berwyn
Other
Other facts
- Listing terms: FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 3/28/2025 | Sold | $465,000-5.1% |
Source:  MRED as distributed by MLS GRID #12272411 Report a problem | ||
| 2/6/2025 | Contingent | $490,000 |
Source: MRED as distributed by MLS GRID #12272411 Report a problem | ||
| 1/17/2025 | Listed for sale | $490,000+257.7% |
Source: MRED as distributed by MLS GRID #12272411 Report a problem | ||
| 5/19/1998 | Sold | $137,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $36,000 |
| 2023 | $9,443 +40% | $36,000 +56.6% |
| 2022 | $6,745 +46.5% | $22,986 |
| 2021 | $4,604 +10.2% | $22,986 |
| 2020 | $4,176 -18.5% | $22,986 -8.2% |
| 2019 | $5,122 -28.8% | $25,036 |
| 2018 | $7,197 -25.1% | $25,036 |
| 2017 | $9,613 +11.9% | $25,036 +23.2% |
| 2016 | $8,594 +1.9% | $20,317 |
| 2015 | $8,433 +2.9% | $20,317 |
| 2014 | $8,197 -2.3% | $20,317 -13.1% |
| 2013 | $8,389 +6.4% | $23,387 |
| 2012 | $7,886 -0.2% | $23,387 |
| 2011 | $7,903 -15.7% | $23,387 -26.6% |
| 2010 | $9,379 -0.6% | $31,867 |
| 2009 | $9,440 -1.2% | $31,867 -15% |
| 2008 | $9,553 +3.7% | $37,491 +9.1% |
| 2007 | $9,212 +7.7% | $34,359 |
| 2006 | $8,554 -0.5% | $34,359 |
| 2005 | $8,597 +17% | $34,359 +35.2% |
| 2004 | $7,348 +3.2% | $25,412 |
| 2003 | $7,119 +5.8% | $25,412 |
| 2002 | $6,726 +21.9% | $25,412 +35% |
| 2001 | $5,516 -1.1% | $18,829 |
| 2000 | $5,577 -1.7% | $18,829 |
| 1999 | $5,673 | $18,829 |
Find assessor info on the county website
Neighborhood: 60402
Nearby schools
GreatSchools rating
- 7/10Prairie Oak SchoolGrades: PK-5Distance: 0.5 mi
- 7/10Lincoln Middle SchoolGrades: 6-8Distance: 0.6 mi
- 6/10J Sterling Morton West High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- District: 98
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$497,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$497,400
- Illinois
- Cook County
- Berwyn
- 60402
- 1922 Grove Ave
Nearby cities
Nearby zip codes
Other Berwyn Topics
