CLOSED - MULTI-FAMILY
6701-6705 Stanley Avenue Berwyn, IL 60402
PRICE
Call for Details
NUMBER OF UNITS
24
PROPERTY LISTED

Essex Realty Group, Inc. is pleased to announce the sale of 6701-6705 Stanley Avenue in the west suburban city of Berwyn, IL. The Subject Properties consist of (16) One Bedroom and (8) Two Bedroom units, and are located just 0.2 miles from the Berwyn Metra station, MacNeal Hospital, and numerous other employers and retailers along South Oak Park Avenue.

The Properties have been meticulously maintained with numerous cosmetic updates to the units, and improvements to the mechanicals including all new electrical service installed to both properties in 2020. Tenants benefit from a beautifully landscaped shared courtyard space, and coin-operated laundry machines in both basements. Units are on average between $100-150/month below market “as-is” allowing a new investor to step into a cash flowing and low maintenance property on day one, with significant rental upside.

LOCATION DETAILS

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HIGHLIGHTS
  • 24-units Featuring (16) 1 Bd/1 Ba & (8) 2Bd/ 1 Ba Units in Desirable Berwyn Location
  • All Units Updated Within the Last 10-years
  • Impeccably Maintained Buildings with Separate Basements and Shared Courtyard Space
  • Opportunity to Increase Rents Between $100-150/Month in “As-Is” Condition
LISTING BROKER
Director
773.305.4862