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Renovated Duplex
New
For Sale
$468,500

2114 Harvey Ave, Berwyn, IL 60402

Both residences are leased month to month, with gas and electric separately metered.

Property SizeContact for details
Days on Market7

Property Features for 2114 Harvey Ave

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family

Units

Unit Mix 1 x 2BR/1BA, 1 x 3BR
Multifamily Units 2
Individually Metered Utilities gas, electricity

Additional Details

Gross Income $43,200
Tenant in Place Yes

Amenities

enclosed porches
storage lockers
laundry hookups
building-owned appliances

Building Details

Year Built 1916
Year Renovated 2023
Buildings 1
Construction brick
Tenancy Multi
Listing Agency: Midwest Signatureproperties Co
Listed By: Thomas Bezanes · License #471018395
Source: Highriseschicago
Added: Oct 23 Changed: Oct 28 Last Checked: Oct 28 at 8:01AM

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 Midwest Signatureproperties Co

Rey
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Investment Insights

Based on property information with market context.

This brick duplex contains two rented residences: a first-floor apartment with 2 bedrooms and 1 bathroom, and an upper-level apartment with 3 bedrooms, a walk-in closet in the oversized primary bedroom, and a separate living area. Each unit has enclosed porch space, refinished hardwood floors, and updated kitchens and bathrooms. The 2023 renovation included HVAC and water and sewer improvements. Heating and hot water systems are separate for each residence, and tenants pay separately metered gas and electric service.

At 2114 Harvey Ave in Berwyn, the property also includes an unfinished basement with individual storage lockers and laundry hookups, plus a detached two-car garage. Appliances are owned by the building. The building dates to 1916, and both apartments are currently occupied on month-to-month leases.

Key Highlights

  • Two apartments: 2 bedrooms and 1 bathroom downstairs; 3 bedrooms upstairs
  • Renovation completed in 2023, including HVAC, water and sewer work
  • Each residence has separate heating and hot water systems

Property Analytics

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Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,277
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?
Duplex - Both residences are leased month to month, with gas and electric separately metered.
Where is this duplex located?
The property is located at 2114 Harvey Ave Berwyn, IL.
What is the asking price?
The asking price for this property is $468,500.
What are key features of this property?
This property features: Two apartments: 2 bedrooms and 1 bathroom downstairs; 3 bedrooms upstairs; Renovation completed in 2023, including HVAC, water and sewer work; Each residence has separate heating and hot water systems
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