1410 Scoville Avenue

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1410 Scoville Avenue

Berwyn, IL 60402
Asking Price
$365K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Berwyn
  • Offered at an asking price of $364,900
  • Strategically positioned within the Chicago metropolitan residential market
  • Accessible location near significant regional transit and infrastructure
  • Well-suited for investors pursuing long-term rental income streams

What's Special

Priced at $364,900, this multifamily apartment building located at 1410 Scoville Avenue in Berwyn, Illinois, represents a functional addition to an investment portfolio. The property sits within a well-established residential submarket of the Chicago metropolitan area, characterized by its dense housing stock and consistent regional demand for rental units. Berwyn maintains a reputation for accessibility, benefiting from its proximity to major transit corridors and the economic hubs of the broader city. As an apartment building, this asset provides a straightforward opportunity for investors looking to acquire a manageable residential holding in an active suburban landscape. The property structure is suitable for traditional long-term leasing strategies, catering to tenants who prioritize reliable transit connections and proximity to the urban core. Its placement within the 60402 zip code offers stability within the local market, making it a viable target for private capital or those seeking to expand their existing rental inventory in the region.

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NOI
$80,000
Cap Rate
21.92%
DSCR
3.69
Strong
Cash-on-Cash
53.29%
Monthly Payment
$1,805.326
Annual Cash Flow
$58,336.087

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