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6810 31st Street, Berwyn, IL 60402

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For Sale

$499,900

7 beds

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • Over 50 Years Old
    Age

Explore this Property

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, and dining and 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, carpeted dining room and bedroom ( new carpeting to be installed in dining room and bedroom by end of Sept), ceiling fan, vinyl kitchen. Building Features: coin-op laundry ($1.25/load) = extra income; 1-car brick garage (new overhead door/opener Sept 4, 2025) = additional income; 4 tenant storage units; gas baseboard heat (owner pays gas, water, garbage; tenants pay electric); oven & refrigerator in each unit; new roof (2025), hot water tank (approx. 5 yrs), circuit breakers; and charming courtyard. Tenant Info: One (1 bedroom) unit is month-to-month (flexibility for rent increases). One (1 bedroom ) unit is vacant. Buyer to correct the following two Berwyn-required repairs: 3rd-floor balcony railings not to current code and Stairwell requires emergency lighting with battery backup. Sold AS IS. Showings require 24-48 hours' notice.
MLS# 12452606

Courtesy Of RE/MAX 1st Service

(708) 675-1600

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Heating System
    Baseboard

Map and Directions

Directions to 6810 31st Street, Berwyn, IL 60402

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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