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Five-Unit Brick Apartment Building
For Sale
$749,000

1931 Scoville Avenue, Berwyn, IL 60402

Commercial Sale, Berwyn, IL

Property SizeContact for details
Lot Size0.11 Acres
Days on Market22

Property Features for 1931 Scoville Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 1, Bathroom 3, Bedroom 6, Bedroom 7, Bathroom 5, Bathroom 2, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 8, Bedroom 5, Bedroom 3
Directions East Ave to 19th st East to Scoville South to property.
Subdivision Berwyn
Standard status Active
APN 16194210290000
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 14270

Building Details

Year built 1927
Floors in Building 2
Number of units 5
Building materials Brick, Concrete
Listing Agency: Capital Investment Realty Group Inc
Listed By: Otis Lazich · License #471009343
Added: Sep 14 Changed: Sep 30 Last Checked: Oct 5 at 2:06PM
MLS# 12760817

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1927, this all-brick apartment property contains five residential units: three two-bedroom, one-bath apartments and two one-bedroom, one-bath apartments. Each unit is equipped with its own forced-heating system. The property includes a four-car brick garage accessed from the alley and sits on a 0.11-acre lot. Zoning is MULTI.

Located at 1931 Scoville Avenue in Berwyn, Illinois, the building offers an established multifamily configuration with a defined unit mix and dedicated garage capacity. The sale is being conducted in AS IS condition, with personal items remaining in the basement and garages to be addressed by the buyer.

Key Highlights

  • Five‑unit building with three 2‑bed, 1‑bath units and two 1‑bed, 1‑bath units
  • All‑brick construction, built in 1927
  • Individual forced‑heating unit for each apartment

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Big Box & Wholesale Store Law Firm (Bike/Boat/Book/etc) Store Acupuncture Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,444
Businesses Nearby

Demographics for 60402, IL

64,706
Population
25,111
Households
2.6
Avg Household Size
37
Median Age
25%
College-Educated
85%
High-School Grad
5.7 sq mi
ZIP Area
11,352
Density / Sq Mi
$73,993
Median Household Income
$42,802
Median Earnings
$1,168
Median Rent
$277,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Berwyn multifamily property with varied unit layouts, individual forced-heating systems, and a detached garage.
Where is this apartment building located?
The property is located at 1931 Scoville Avenue Berwyn, IL.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Five‑unit building with three 2‑bed, 1‑bath units and two 1‑bed, 1‑bath units; All‑brick construction, built in 1927; Individual forced‑heating unit for each apartment
More about this property
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