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Six-Unit Apartment Building
For Sale
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Pending

1821 S Harlem Avenue, Berwyn, IL 60402

Updated multifamily property with renovated common areas, in-unit improvements, and on-site leased laundry facilities.

Property Size5,970 SF
Days on Market509

Property Features for 1821 S Harlem Avenue

General Information

Standard status Pending
Size 5,970 SF
Property subtype Multifamily
Zoning MULTI

Additional Details

Multifamily Units 6

Amenities

coin-operated laundry

Building Details

Year Built 1961
Buildings 1
Stories 3
Units 6
Tenancy Multi
Listing Agency: Novem Realty, Inc
Listed By: Nader Cheboub · License #IL
Source: Crexi
Added: May 31, 2025 Changed: Oct 3 Last Checked: Oct 20 at 8:03PM

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 Novem Realty, Inc

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Investment Insights

Based on property information with market context.

This six-unit apartment building contains 5,970 square feet and was constructed in 1961. Recent capital work includes a complete parking lot replacement in 2024, hallway painting and carpet installation in 2025, a boiler replacement completed 3–4 years ago, and a full roof replacement approximately 12 years ago. Apartment improvements include refinished hardwood floors, newer appliances, updated bathrooms in all six units, and newer kitchen cabinets and countertops in three units.

The property is zoned MULTI and includes coin-operated laundry equipment operated under a lease. Several occupants have maintained long-term tenancies. The building is located near transportation, shopping, and dining in Berwyn, Illinois.

Key Highlights

  • Six‑unit apartment building with 5,970 square feet, built in 1961
  • Full parking lot tear‑out and replacement completed in 2024
  • Hallway carpet and painting completed in 2025

Property Analytics

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Lease Details

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,432
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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Updated multifamily property with renovated common areas, in-unit improvements, and on-site leased laundry facilities.
Where is this apartment building located?
The property is located at 1821 S Harlem Avenue Berwyn, IL.
What are key features of this property?
This property features: Six‑unit apartment building with 5,970 square feet, built in 1961; Full parking lot tear‑out and replacement completed in 2024; Hallway carpet and painting completed in 2025
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