Well maintained Beverly 4-unit building is just steps from the Metra train station and walking distance of restaurants and shops on Western Avenue. This fully occupied building features (4) 1Bed/1 Bath units, all of which have updates. The units are currently leased at below-market rates to long-term tenants, making this property a stable cash flow investment that will provide long-term financial security for the new owner. Recent updates include a new roof (2014), tuckpointing (2022), new coin-operated laundry (2025), and four new furnaces (2022/2024). Each unit is equipped with individual central heat/ac, and water heater. Tenants are responsible for their own electric and gas. Note that there are four street parking spaces directly in front of the building, which are used by the tenants without any issues.
Property Details
Price:
$585,500
MLS #:
MRD12435792
Status:
Active Under Contract
Beds:
4
Baths:
4
Type:
Multi Family
Neighborhood:
chibeverly
Listed Date:
Sep 3, 2025
Year Built:
1956
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Community Features
Park, Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Roof
Asphalt
Financial
Tax Year
2023
Taxes
$7,080
Listing Agent & Office
Julie Norris
McHugh Development & Construction INC
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