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Berwyn 60402
2341 Euclid Avenue
$279,500
● House - Off Market

2341 Euclid Avenue

Berwyn, IL 60402
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,450 Ft²
$1,887
Est. Monthly
7.57%
Cap Rate

About This Property

Don't miss a great opportunity to own one of Berwyn's expansive traditional,  brick Bungalow's! With three beds on the main floor, a 4th bed or office in the basement & an empty slate with endless potential to build out the walk-up attic (2nd floor) to make your dream home possibilities come true. This home features a convenient property owned driveway, and is located on one of Berwyn's best tree-lined streets, within walking distance to MRAZ park, shops, restaurants, and so much more. The basement includes tons of space(s) for additional living space, storage and more possibility. Home has been well loved but also very well taken care of. The 2-car garage is in great condition & only 15 years old! Home is being sold & priced, as-is.
Unit Size
1,450 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$179
Property Type
House
Property Taxes
$610
HOA Dues
-
Year Built
1924

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11982520)

Price History

Date / Event Date Event Price
Mar 15, 2024 Sold
Premium
Sold
Feb 15, 2024 Listed by Keller Williams ONEChicago $260,000
Listed by Keller Williams ONEChicago

Property Highlights

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,536
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 360
  • Total Building Area: 1,450
  • Gross Building Area: 1,450
  • Building Area: 1,450
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,450
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KLIMAS
  • Land Acres: 0000000104
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Berwyn South School District 100
  • Census Tract: 814800

Geography

  • District: 11
  • Parcel: 16-30-209-016-0000
  • Block: 5
  • Lot: 23,24
  • Meridian: SEC 30 TWN 39N RNG 13E
  • Municipality: BERWYN
  • Latitude: 41.8473
  • Longitude: -87.7917

    Address

  • Full Address: 2341 Euclid Ave
  • Address - House Number: 2341
  • Address - Street Name: Euclid
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Berwyn
  • Carrier Code: C007
  • 4-Digit Zip Code: 2454
  • Zip Code: 60402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $731,484
  • Tax Rate Code Area: 11002

    Appraisal Valuation

  • Standard Deviation: 0.1007
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 90
  • Final Value: 256,164
  • High Value: 281,974
  • Low Value: 230,353

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $55,570
  • Market Improvement Value: $194,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,000
  • Assessed Land Value: $5,557
  • Assessed Improvements Value: $19,443

    Sales

  • Current Sale Contract Date: Mar 13, 2024
  • Current Sale Recording Date: Apr 02, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 14177
  • Previous Sale Recording Date: Jul 30, 2008
  • Previous Sale Contract Date: Jul 11, 2008
  • Previous Sale Amount: $212,500
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Berwyn

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$208

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1543 ft²

Average Home Age

93.2 years

Currently For Sale

96 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2125 Wesley Avenue, Berwyn, IL, 60402

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
2125 Wesley Avenue, Berwyn, IL, 60402 Listing by Alejandra Salazar
Unit for rent at 3014 Harlem Avenue, IL, 60546

$2,195 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
3014 Harlem Avenue #1, IL, 60546 Listing by Angela Walker
Unit for rent at 1532 Lombard Avenue, Berwyn, IL, 60402

$2,500 /mo

  • 4 Beds
  • 1 Bath
  • 1,100 ft²
1532 Lombard Avenue, Berwyn, IL, 60402 Listing by Leda Quiaro

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Joe Zimmerman, Keller Williams ONEChicago
Last Updated: 3 years ago
Data Source: MRED, MLS# 11982520
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 2341 Euclid Avenue built and last sold?
The property at 2341 Euclid Avenue was built in 1924 and last sold on Mar 13, 2024 for $279,500.
How much is this home worth?
The estimated value of the home located at 2341 Euclid Avenue is $265,047.
What are some comparable homes to 2341 Euclid Avenue?
There are currently no comparable homes to 2341 Euclid Avenue.
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