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Two-Flat Residential Income Property
For Sale
$220,000
Pending

1409 Grove Avenue, Berwyn, IL 60402

Spacious two-flat with separate units, featuring a detached two-car garage and multiple full bathrooms.

Property SizeContact for details
Days on Market104

Property Features for 1409 Grove Avenue

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Two to Four Units / 2 Flat

Taxes and HOA fees

Annual Taxes $9,432

Building Details

Year Built 1910
Listing Agency: Keller Williams ONEChicago
Listed By: Scott Newman · License #471009246
Source: Compass
Added: Jun 3 Changed: Sep 10 Last Checked: Sep 13 at 10:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams ONEChicago

Investment Insights

Based on property information with market context.

This spacious two-flat residential income property offers two separate units. The first-floor unit includes one bedroom and one bathroom. The second-floor unit provides two bedrooms and one bathroom on one level, with an additional third bedroom and a full bathroom in the semi-finished attic.

A two-car detached garage adds practical off-street parking or storage capability for the property.

Overall, the layout is designed to provide distinct living areas within a duplex-style configuration, with multiple full bathrooms across the units.

Key Highlights

  • 1910‑built two‑flat with separate units
  • Total layout includes 4 bedrooms and 3 full bathrooms
  • First‑floor unit: 1 bedroom and 1 full bathroom

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Home Appliance Store Garden Center Travel Agency

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

Location Intelligence

Trade Area within ½ mile

1,048
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Spacious two-flat with separate units, featuring a detached two-car garage and multiple full bathrooms.
Where is this duplex located?
The property is located at 1409 Grove Avenue Berwyn, IL.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: 1910‑built two‑flat with separate units; Total layout includes 4 bedrooms and 3 full bathrooms; First‑floor unit: 1 bedroom and 1 full bathroom
More about this property
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