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  • $485,000

    6810 31st St, Berwyn, IL 60402

    7beds
    --sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $502,300 Zestimate®
    $--/sqft
    $1,857 Estimated rent

    Home value

    $502,300

    $452,000 - $558,000

    $1,857/mo

    Zestimate® history
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    What's special

    New roof on buildingFunctional layoutsCharming courtyard
    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.

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Marge Marasco, ABR,CRS,GRI (815)834-9919,

    RE/MAX 1st Service

    Bought with:

    Lesly Alvarez

    Fathom Realty IL LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12452606MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Bathroom
    • Features: Soaking Tub
    Heating
    • Natural Gas, Baseboard
    Features
    • Basement: None

    Property

    Parking
    • Total spaces: 1
    • Parking features: No Garage, Yes, Garage Owned, Detached, Garage
    • Garage spaces: 1
    Lot
    • Size: 2,400 sqft
    • Dimensions: 40x60
    Details
    • Parcel number: 16311070400000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1910
    Details
    • Builder model: 4 Flat

    Utilities & green energy

    • Sewer: Public Sewer, Storm Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Location
    • Region: Berwyn

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/4/2025Sold$485,000+0%
    Source: MRED as distributed by MLS GRID #12452606 Report a problem
    10/4/2025Contingent$484,900
    Source: MRED as distributed by MLS GRID #12452606 Report a problem
    9/8/2025Price change$484,900-3%
    Source: MRED as distributed by MLS GRID #12452606 Report a problem
    8/29/2025Listed for sale$499,900+143.9%
    Source: MRED as distributed by MLS GRID #12452606 Report a problem
    12/31/1998Sold$205,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $34,000
    2023$12,155 +5.1%$34,000 +33.5%
    2022$11,570 +3.1%$25,462
    2021$11,224 +5.8%$25,462
    2020$10,608 +0.3%$25,462 +8.5%
    2019$10,574 -2.5%$23,461 -8.3%
    2018$10,849 -2.3%$25,573
    2017$11,103 +45.3%$25,573 +45.2%
    2016$7,639 +2%$17,615
    2015$7,489 -10.6%$17,615 -13.8%
    2014$8,374 +2.3%$20,425 -9%
    2013$8,183 +5.3%$22,446
    2012$7,769 +6.5%$22,446
    2011$7,292 -11.6%$22,446 -22.8%
    2010$8,248 -9.4%$29,061 -8.7%
    2009$9,108 +1.3%$31,835 -15%
    2008$8,995 +57.8%$37,454 +61.6%
    2007$5,699 +5.8%$23,184
    2006$5,388 -11.1%$23,184 -11.7%
    2005$6,062 +8.5%$26,268 +22.9%
    2004$5,587 +3.3%$21,370
    2003$5,410 +3.1%$21,370
    2002$5,245 +18.3%$21,370 +15.7%
    2001$4,433 -0.7%$18,463
    2000$4,464 -5.5%$18,463
    1999$4,722 $18,463

    Find assessor info on the county website

    Neighborhood: 60402

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Emerson Elementary School
    • Middle: Irving Elementary School
    • District: 100

    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
    $502,300
    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
    $502,300