1900 Harvey Ave - Apartments FOR SALE


Berwyn, IL 60402- West Cook
$650,000 USD
312-281-6994
1900 Harvey Ave, Berwyn, IL for Sale
$650,000 USD
Apartments - FOR SALE
1/12
null | 6.3% Cap Rate

1900 Harvey Ave
Berwyn, IL 60402
West Cook


HIGHLIGHTS

  • Superior Location
  • Transit Oriented Property
  • Value-Add Potential
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a multi-family investment Property located at 1900 S Harvey Avenue in Berwyn, Illinois (the “Property”). The three-story brick building contains four (4), 2-Bedroom/1-Bathroom units with 5,837 square feet of living area in 5,837 square feet of total gross area on 0.14-acre corner parcel of land. The Property features a detached two bay garage at the rear of the Property. The Property is well-located in a densely populated residential neighborhood at the intersection of 19th Street S and S Harvey Avenue. The Property is across the street from a small green and is seconds from Hett Park. 5900 S Harvey Avenue is 0.2 miles from W Cermak Road and approximately 1 mile from Roosevelt Road and Harlem Avenue, the primary commercial corridors running through Berwyn. The property offers convenient access to grocery stores, restaurants, and numerous other retail amenities. 1900 S Harvey Avenue is ideally positioned for commuters with quick and convenient access to public transportation (Austin & 54th/ Cermak CTA Stations and the LaVergne METRA Stations, and numerous Pace bus lines along W Cermak Road and Harlem Avenue) and Interstates 55 & 290.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$111 USD /SF

# OF UNITS

4

PRICE/UNIT

$162,500

CAP RATE

6.3%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

-

APN/PARCEL ID

16-20-323-018-0000

ASK ABOUT THIS PROPERTY

Daniel SmithHorvath & TremblayMore Info
312-281-6994

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Daniel SmithHorvath & TremblayMore Info
312-281-6994

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.