ADDRESS
Suite C-1
55 East Erie St
Chicago, IL 60611
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Recently renovated and fully re-leased to quality tenants, this striking 30-unit architectural brick apartment building offers a rare investment opportunity in the high-demand Chicago suburb of Berwyn. The property features 29 spacious studio units and 1 one-bedroom unit, with a straightforward path to converting the studios into one-bedrooms-presenting a clear value-add strategy for increased rental income. Ideally situated just 1.5 blocks from the Berwyn Metra station and steps from a vibrant retail corridor, the building benefits from strong transit access and neighborhood amenities. Major capital improvements include a newer roof, recent brick tuckpointing, and an upgraded heating system with efficient in-unit electric baseboard heating. IL Licensed Broker has a partial interest of the LLC that holds title to the property.
a month ago | Listing updated with changes from the MLS® | |
a month ago | Status changed to Active | |
a month ago | Listing first seen on site |
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