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Investment Highlights

  • Newly remodeled

Executive Summary

Newly remodeled mixed-use investment property in the heart of Berwyn! This solid brick building features 5 brand-new residential apartments plus 4 completely renovated commercial units on the lower level, offering modern finishes and excellent rental potential. Each space has been updated with quality materials and functional layouts, making it ideal for today's tenants and business owners. Recent improvements include a brand-new roof and new electric meters. With strong income performance, minimal upkeep needed, and excellent visibility, this property is ideal for investors seeking both stability and long-term growth. Conveniently located near shopping, dining, schools, and public transportation.

Property Facts

Price $1,449,000
Price Per Unit $161,000
Sale Type Investment
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.10 AC
Building Size 8,424 SF
No. Stories 2
Year Built 1968
Zoning C - Commercial

Amenities

Unit Amenities

  • Heating
  • Kitchen
  • Oven
  • Tub/Shower
  • Instant Hot Water
  • Window Coverings

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • On-Site Retail
  • Walking/Biking Trails
  • Walk-Up
  • Smoke Detector
Exceptionally walkable
90/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
16-31-127-001-0000
Land Assessment
$15,241
Improvements Assessment
$158,897
Total Assessment
$174,138
  • Listing ID: 38319916

  • Date on Market: 11/4/2025

  • Last Updated:

  • Address: 3239 Grove Ave, Berwyn, IL 60402

Contact the Sale Advisor

3239 Grove Ave

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