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    Property profile & analytics
    OFF-MARKET Estimated value $820,000
    Garden apartment buildings

    6701 19th St, Berwyn, IL 60402-1882

    0.12 ac lot Built 1928
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US28-2186380
    Property summary
    AI-generated overview

    This attractive eight-unit multifamily property located at 6701 W 19th Street, Berwyn, IL, is offered at $775,000. The building features classic architectural brick construction and a garden setting. Each of the eight units provides a one-bedroom, one-bathroom layout, currently generating rental income. This presents a compelling investment opportunity with potential for significant appreciation. The property is situated in a desirable Berwyn location, benefiting from the area's growing market. While the building is currently generating income, it would benefit from renovations and upgrades to maximize its rental potential. These updates could include modernizing fixtures, kitchen and bathroom renovations, and aesthetic improvements to attract higher-quality tenants and command higher rents. The property sits on a lot of less than one acre. The existing income stream provides a solid foundation for future investment in property improvements and increased profitability. This is an excellent opportunity for an investor seeking a multifamily property in a thriving market with potential for substantial returns. The property's current condition offers a chance to add value through strategic renovations and upgrades. The location in Berwyn offers convenience and accessibility to local amenities and transportation.

    Property profile
    Verified
    Property type Garden apartment buildings
    Use group GARDEN APT, COURT APT (5+ UNITS)
    Year built 1928
    Lot 0.12 ac (5,344 SF)
    APN 16-19-409-040
    UPID US28-2186380
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $915k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $820k
    Owner & transaction history
    Wesley Ave LLC · 1 yrs held
    Wesley Ave LLC
    since 2025
    Last sale
    $750,000
    1 recorded transaction
    2025
    $750,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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