Century 21 Affiliated
Michael Maggini, Century 21 AffiliatedPhone: (708) 288-7161
Email: [email protected]
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listing
1 of 37
Residential IncomeFor Sale
$499,000
2108 Highland Avenue
Berwyn, IL 60402
Courtesy of Circle One Realty
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID
5Beds
2Baths
Est. Mortgage
$2,676/mo

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.

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