Renovated Multifamily Property in
For Sale
$508,000
2108 Highland Avenue, Berwyn, IL 60402
MULTI_FAMILY - Other - Berwyn, IL
Days on Market133
Property Features for 2108 Highland Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 4, Bedroom 2, Basement, Bedroom 3, Bathroom 2, Bedroom 5, Bathroom 1
Parking
2
Parking features
Garage, Open
Patio and Porch features
Porch
Basement
Unfinished, Full
Elementary school
Jefferson Elementary School
Middle school
Lincoln Middle School
High school
J Sterling Morton West High Scho
Elementary school district
98
Middle school district
98
High school district
201
Directions
For those in the neighborhood, the property is located 2 blocks from the intersection of Highland avenue and Cermak road. If coming from Chicago, follow on the I-290W and take exit 23A. Continue on South Austin Blvd. Turn right on Cermak road. Turn right on on Harvey avenue and take the side road to the left. The next street is Highland Avenue. It is a one-way street so you would need to go around through the alley way to come to the front of the house.
Subdivision
Berwyn
Standard status
Active
APN
16203300130000
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
10648
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Building Details
Year built
1917
Building materials
Brick
Roof type
Rubber
Architectural style
Other
Listing Agency:
Circle One Realty
(630) 528-2300
Listed By:
Ryan Cherney · License #471019427
(630) 862-5181
Added: Mar 20
Changed: Jul 30
Last Checked: Jul 30 at 7:06PM
MLS# 12597729
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.
This multifamily property features a fully renovated interior, including a modern kitchen with new cabinets and elegant tiling in the kitchen and bathroom. Fresh paint has been applied in both units, and Unit 2 has new windows. Unit 2 is a bright and spacious three-bedroom apartment with the potential to rent for at least $2,200 monthly, plus an additional $125 from the garage space, totaling $2,325 in potential income. Unit 2 is also Airbnb-ready, having previously rented for $125 per night, with all furniture available for purchase to launch a short-term rental business. Unit 1 is currently rented for $1,800. The total building income nets approximately $500 per month after mortgage and expenses, including gas, sewer, and water. Newly reconstructed bricks were added to the top left side of the house in late 2023. Security features such as cameras and electric door locks are available for a negotiable price. The basement is 7 foot tall, framed, has its own electrical box and plumbing and ready for you to install additional rooms increasing the value of the Unit 1 by an additional $1,200. The basement laundry machine also provides extra income. This turnkey property offers excellent returns and convenience for both homeowners and investors.
Key Highlights
- Brick building built in 1917 with natural gas heat, rubber roof, and public sewer
- Unit 1 is already rented for $1,800; expenses listed include gas, sewer, and water
- Unit 2 is a 3‑bedroom with potential rent of $2,200 monthly plus $125 for garage space (total $2,325)
Property Analytics
Property Profile
Current Use
Lease Details
7 ft
Clear height
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
727
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully renovated duplex with income potential in Berwyn, Illinois.
Where is this duplex located?
The property is located at 2108 Highland Avenue Berwyn, IL.
What is the asking price?
The asking price for this property is $508,000.
What are key features of this property?
This property features: Brick building built in 1917 with natural gas heat, rubber roof, and public sewer; Unit 1 is already rented for $1,800; expenses listed include gas, sewer, and water; Unit 2 is a 3‑bedroom with potential rent of $2,200 monthly plus $125 for garage space (total $2,325)
