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3-Unit Brick Triplex

1838 Gunderson Avenue, Berwyn, IL 60402

For Sale
New
$499,000

Residential Income, Berwyn, IL

Property SizeContact for details
Days on Market3

Property Features for 1838 Gunderson Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 7
Bathrooms 1
Full bathrooms 3
Rooms Bedroom 7, Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 6, Bathroom 3, Basement, Bedroom 5, Bathroom 2
Parking 2
Parking features Garage, Open
Basement Full, Finished
Elementary school district 100
Middle school district 100
High school district 100
Directions East on 22nd, North on Gunderson
Subdivision Berwyn
Standard status Active
APN 16194130320000

Additional Details

Individually Metered Utilities unspecified utilities

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 8751

Utilities

Sewer type Public Sewer
Heating system Other (Heating), Steam
Water source Public

Building Details

Year built 1926
Building materials Brick
Buildings 1
Listing Agency: HomeSmart Connect LLC · HomeSmart International
Listed By: David Myers · License IL #475126908
Added: Nov 10 Changed: Nov 11 Last Checked: Nov 12 at 7:06AM
MLS# 12806034

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.

Rey
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Investment Insights

Based on property information with market context.

This brick multifamily property contains three legal units with a combined seven bedrooms and three bathrooms. Separate utilities serve the units, and a detached garage provides space for two cars. The building dates to 1926 and is zoned MULTI.

The property is offered in as-is condition. The buyer is responsible for correcting pre-sale violations identified by the City of Berwyn.

Key Highlights

  • Three legal residential units in a brick building
  • Seven bedrooms and three bathrooms across the property
  • Separate utilities serve the units

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,431
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

Properties on Market for Triplexes in Cook County

Jul
Aug
Sep
Oct

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?
Triplex - Separate utilities serve the units, with a detached garage providing two-car parking.
Where is this triplex located?
The property is located at 1838 Gunderson Avenue Berwyn, IL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Three legal residential units in a brick building; Seven bedrooms and three bathrooms across the property; Separate utilities serve the units
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