$1,250,000
$1,200,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
1471 W Berwyn AVE Chicago, IL 60640
7 Beds
5 Baths
3,920 Sqft Lot
Key Details
Sold Price $1,250,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11301712
Sold Date 04/04/22
Style Greystone
Bedrooms 7
Year Built 1909
Annual Tax Amount $14,982
Tax Year 2020
Lot Size 3,920 Sqft
Lot Dimensions 34 X 125
Property Sub-Type Two to Four Units
Property Description
Be prepared to fall in love! This magnificent legal three-unit Chicago greystone sits regally on an oversized lot and is nothing short of perfection. Attention to detail coupled with consistent proactive maintenance translate into a pristine and beautiful offering, just steps from the charm of Clark Street. What makes this building most special is that the above-grade units each boast three bedrooms, two bathrooms, and a sunny south-facing sitting room or office (in addition to living and dining rooms and spacious private decks). Enjoy sun-filled homes with light that simply floods in, beautiful hardwood floors, and built-ins. Laundry room with side-by-side appliances is a perk to the top floor home. The legal one-bedroom garden has a private entrance and is bright, clean, and cozy. The improvements are abundant, so please reference the supplemental document but trust the roof was new in October 2018 (with a warranty through 2024, which can be extended), the masonry has been proactively spot tuckpointed, and the high-efficiency boiler was new in October 2018 (with a warranty through 2023 on parts/2033 on heat exchanger). The garden has a mini-split heating/cooling system, which was new in April 2019 (with a warranty through 2031). Two of the three water heaters remain under warranty, as do many of the kitchen appliances. The common electrical is broken out on a fourth panel. There is an underground sprinkler system and a patio in the back that meets a two-car garage and parking pad, which can accommodate two cars parked in tandem. The superb location, quality of the units, and meticulous upkeep consistently attract long-term tenants and minimize vacancy. There is a Starbucks on your corner, and the building is a short walk to the Red Line, the Lakefront Trail and the beach. Consider the turnkey use of the space as you see fit: perfect to owner-occupy one unit and rent out the remaining two, rent all three and collect passive income in a highly rentable location, or convert to a single-family home. This building is a rare gem!
Location
State IL
County Cook
Area Chi - Edgewater
Zoning MULTI
Rooms
Basement Full, Walkout
Interior
Heating Natural Gas, Forced Air, Radiator(s), Sep Heating Systems - 2+, Indv Controls
Equipment CO Detectors, Ceiling Fan(s), Multiple Water Heaters
Fireplace N
Exterior
Exterior Feature Balcony, Deck, Patio
Parking Features Detached
Garage Spaces 2.0
Community Features Curbs, Gated, Sidewalks, Street Lights, Street Paved
Roof Type Rubber
Building
Lot Description Fenced Yard, Sidewalks, Streetlights
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Stephen Hnatow of Keller Williams ONEChicago
