Berwyn, IL 60402,2108 Highland AVE
Berwyn, IL 60402,2108 Highland AVE
Berwyn, IL 60402,2108 Highland AVE
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$499,000
Est. payment /mo
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5 BD
2 BA
3,484 Sqft Lot
New

2108 Highland AVE Berwyn, IL 60402

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UPDATED:

12/22/2024 07:56 PM

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12259789

Style Brownstone

Bedrooms 5

Year Built 1917

Annual Tax Amount $10,276

Tax Year 2023

Lot Size 3,484 Sqft

Lot Dimensions 30X126

Property Description

This property is a buyer's dream with an assumable 2.7% mortgage and 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 $2,000 monthly, plus an additional $125 from the garage space, totaling $2,125 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 $1,825, contributing to a total building income that nets approximately $500 per month after mortgage and expenses (gas, sewer, and water). Additional perks include a lawn mower and tree saw for sale, 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 (only the camera NVR needs replacement). The basement laundry machine also provides extra income, generating $40-$60 monthly. This turnkey property offers excellent returns and convenience for both homeowners and investors.

Location

State IL

County Cook

Area Berwyn

Rooms

Basement Full

Interior

Heating Natural Gas

Equipment Security System

Fireplace N

Exterior

Exterior Feature Porch

Parking Features Detached

Garage Spaces 2.0

Community Features Park, Pool, Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Rubber

Building

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

Elementary Schools Jefferson Elementary School

Middle Schools Lincoln Middle School

High Schools J Sterling Morton West High Scho

School District 98 , 98, 201

Others

Ownership Fee Simple

Special Listing Condition None


Midwest Real Estate Data (MRED) IDX
Listed by Ryan Cherney • Circle One Realty

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Michael Di Giovanni

Broker Associate | License ID: 475119822

+1(773) 583-2274

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2108 Highland AVE