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3423 S Harlem Ave 44 Unit Apartment Building $4,950,000 ($112,500/Unit) Berwyn, IL 60402
INVESTMENT HIGHLIGHTS
- Well Maintained Mixed-Use Property, With Large Capex Recently Completed
- Steps from the Harlem Metra Station and PACE bus service, offering tenants convenient access to Downtown Chicago and surrounding suburbs
- 44 total units including 40 apartments and 4 fully leased retail spaces
- Located along Harlem Ave’s vibrant retail corridor with nearby parks, restaurants, appealing to stable long-term renters
EXECUTIVE SUMMARY
Interra Realty has been exclusively engaged to market for sale the mixed-use property located at 3423 S Harlem Ave in Berwyn, IL. The property is a
courtyard building made up by forty-four (44) total units. The unit mix is made up by four (4) ground-floor retail spaces and forty (40) 1-bedroom residential
units. The property also includes a parking lot with forty (40) spaces. The property has been well maintained by current ownership, with capital
improvements including new windows, electric panels, and a partial roof replacement.
The property is well-located on Harlem Ave, a major throughway in Berwyn. Residents have easy access to local restaurants and retail spaces along Harlem
Ave. The Harlem Avenue Metra station is just .1 mile away, and the PACE bus picks up outside the property. These offer residents convenient public
transportation to both Downtown Chicago and the surrounding suburbs. Harrington Park is located nearby and gives residents access to local public
recreation.
courtyard building made up by forty-four (44) total units. The unit mix is made up by four (4) ground-floor retail spaces and forty (40) 1-bedroom residential
units. The property also includes a parking lot with forty (40) spaces. The property has been well maintained by current ownership, with capital
improvements including new windows, electric panels, and a partial roof replacement.
The property is well-located on Harlem Ave, a major throughway in Berwyn. Residents have easy access to local restaurants and retail spaces along Harlem
Ave. The Harlem Avenue Metra station is just .1 mile away, and the PACE bus picks up outside the property. These offer residents convenient public
transportation to both Downtown Chicago and the surrounding suburbs. Harrington Park is located nearby and gives residents access to local public
recreation.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 40 | - | - |
1 1
Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $224,962 | |
| Land Assessment | $30,825 | Total Assessment | $255,787 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$30,825
Improvements Assessment
$224,962
Total Assessment
$255,787
(312) 724-7011
x426
CONTACTS
-
Patrick Kennelly -
Paul Waterloo -
Nathan Zito -
Andrew Stassi -
Interra Realty
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3423 S Harlem Ave
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