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5-Unit Brick Apartment Building
New
For Sale
$649,000

1929 Scoville Avenue, Berwyn, IL 60402

Commercial Sale, Berwyn, IL

Property SizeContact for details
Lot Size0.12 Acres
Days on Market3

Property Features for 1929 Scoville Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 1, Bedroom 2, Bedroom 7, Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 4, Bathroom 3, Basement, Bedroom 3, Bedroom 8, Bathroom 4, Bathroom 1, Bathroom 5
Basement Partially Finished
Directions East Ave to 19th St East to Scoville South to property.
Subdivision Berwyn
Standard status Active
APN 16194210280000
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 13607

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 15 Last Checked: Sep 16 at 2:06AM
MLS# 12760693

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 5-unit apartment property features a brick and concrete construction profile with three 2-bedroom, 1-bath apartments and two 1-bedroom, 1-bath apartments. An updated radiant heating system and newer hot water tank serve the building. The property is offered as-is, with the buyer responsible for removing personal items left on site.

The approximately 0.12-acre parcel is located at 1929 Scoville Avenue in Berwyn, Illinois. A 3-car garage is positioned at the rear of the property, providing dedicated accessory space. The property carries MULTI zoning and includes a basement.

Key Highlights

  • 5‑unit apartment building with three 2‑bedroom units and two 1‑bedroom units
  • Updated radiant heating system and newer hot water tank
  • Brick and concrete construction; built in 1927

Property Analytics

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Current Use

Apartment buildings

Suggested Use

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

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
View Realmo Analytics

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 - MULTI-zoned property with a rear garage and updated heating system.
Where is this apartment building located?
The property is located at 1929 Scoville Avenue Berwyn, IL.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 5‑unit apartment building with three 2‑bedroom units and two 1‑bedroom units; Updated radiant heating system and newer hot water tank; Brick and concrete construction; built in 1927
More about this property
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