2108 Highland Avenue

Berwyn IL 60402

Multi-Family

Currently for sale - view listing

Overview

This property is a buyer's dream with a fully renovated interior, including a modern kitchen with new cabinets, elegant tiling in the kitchen and bathroom, fresh paint in both units, and new windows in Unit 2. Both apartments are bright and spacious, with Unit 2, a three-bedroom apartment, capable of renting for at least $2,200 monthly, plus an additional $125 from the garage space, totaling $2,325 in potential income. Unit 2 is also Airbnb-ready, having previously rented for $125 per night, with all furniture available for purchase to launch your short-term rental business. Unit 1 is already rented for $1,800, contributing to a total building income that nets approximately $500 per month after mortgage and expenses (gas, sewer, and water). Additional perks include newly reconstructed bricks on the top left side of the house (completed in late 2023), and security features like cameras and electric door locks, which can be retained for a negotiable price. The basement is 7 foot tall, framed, has its own electrical box and plumbing and ready for you to install additional rooms increasing the value of the Unit 1 by an additional $1,200. The basement laundry machine also provides extra income. This turnkey property offers excellent returns and convenience for both homeowners and investors

Features

5 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

Multi-Family

Property history for 2108 Highland Avenue

2022

Sold

$475,000

28 Feb 2022 by Grace Martinez, of Exit Grace Realty

2020

Sold

$270,000

23 Dec 2020 by Kathleen Vasquez, of Homes Realty 1

Happy sellers in Berwyn

We have insufficient information to provide an overview of customer satisfaction for Berwyn. Viewing the agent profiles, reviews and sales for Berwyn can provide insights for this location.