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 unit has carpeted living/bedroom, 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 unit is vacant. Buyer to assume the following 2 Berwyn-required repairs: 3rd-floor balcony railings not to current code and Stairwell requires emergency lighting with battery backup (seller will correct all other repairs). Sold AS IS. Showings require 24-48 hours' notice.
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For more information about 6810 31st, Berwyn, IL 60402 contact Corcoran Urban Real Estate.
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