1201 Highland Ave
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1201 Highland Ave
10 Unit Block of Flats £647,138 (£64,714/Unit) 14.55% Net Initial Yield Berwyn, IL 60402
Executive Summary
Rare Berwyn 10 Unit! Long time owner! Never been on the market. Money maker! Property has a lot of potential to make a lot of $$$! 8 apartments and 2 nice storefronts! All leases month to month. Class 9 low tax/ low income county plan in place.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£94,129
|
£7.84
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£94,129
|
£7.84
|
| Taxes |
£7,948
|
£0.66
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
£7,948
|
£0.66
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | £94,129 |
| Annual Per SF | £7.84 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £94,129 |
| Annual Per SF | £7.84 |
| Taxes | |
|---|---|
| Annual | £7,948 |
| Annual Per SF | £0.66 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | £7,948 |
| Annual Per SF | £0.66 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | £647,138 | Property Subtype | Apartment |
| Price Per Unit | £64,714 | Building Size | 6,100 SF |
| Sale Type | Investment | Average Occupancy | 90% |
| Net Initial Yield | 14.55% | Number of Floors | 2 |
| No. Units | 10 | Year Built | 1965 |
| Property Type | Residential |
| Price | £647,138 |
| Price Per Unit | £64,714 |
| Sale Type | Investment |
| Net Initial Yield | 14.55% |
| No. Units | 10 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Building Size | 6,100 SF |
| Average Occupancy | 90% |
| Number of Floors | 2 |
| Year Built | 1965 |
Unit Amenities
- Balcony
1 of 1
Walk Score ®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 16-20-102-001-0000 | Total Assessment | £15,695 (2024) |
| Land Assessment | £3,351 (2024) | Annual Taxes | £7,948 (£1.30/sf) |
| Improvements Assessment | £12,344 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
16-20-102-001-0000
Land Assessment
£3,351 (2024)
Improvements Assessment
£12,344 (2024)
Total Assessment
£15,695 (2024)
Annual Taxes
£7,948 (£1.30/sf)
Tax Year
2023
-
Frank Christiano -
Skydan Real Estate Sales, LLC
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1201 Highland Ave
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