2124 Harvey Avenue

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2124 Harvey Avenue

Berwyn, IL 60402
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building located in the city of Berwyn, Illinois.
  • Property situated at 2124 Harvey Avenue within a residential submarket.
  • Efficient access provided to the greater Chicago metropolitan regional economy.
  • Asset type suitable for investors targeting consistent multi-unit rental income.
  • Established location serving diverse housing needs in the Cook County region.

What's Special

This multifamily apartment building at 2124 Harvey Avenue represents a strategic addition to any investment portfolio in Berwyn, Illinois. Positioned within a stable residential submarket, the property benefits from its proximity to major transit corridors providing efficient access to the broader Chicago metropolitan area. The area features a dense, well-established demographic base that supports consistent demand for rental housing options. Residential assets in this inner-ring suburb serve as a reliable choice for investors seeking to capture steady rental income. The building's layout is suitable for a variety of tenant profiles, from young professionals commuting to the city center to long-term local residents. Given the local economic landscape and the ongoing need for quality living spaces in Cook County, this apartment building provides a functional foundation for portfolio growth or long-term wealth preservation.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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