Listing Description
Recently renovated and fully re-leased to quality tenants, this striking 30-unit architectural brick apartment building offers a rare investment opportunity in the high-demand Chicago suburb of Berwyn. The property features 29 spacious studio units and 1 one-bedroom unit, with a straightforward path to converting the studios into one-bedrooms-presenting a clear value-add strategy for increased rental income. Ideally situated just 1.5 blocks from the Berwyn Metra station and steps from a vibrant retail corridor, the building benefits from strong transit access and neighborhood amenities. Major capital improvements include a newer roof, recent brick tuckpointing, and an upgraded heating system with efficient in-unit electric baseboard heating. IL Licensed Broker has a partial interest of the LLC that holds title to the property.