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6733 31st St, Berwyn, IL, 60402

6beds
3baths
--sqft
$424,900
--price/sqft
$3,096/moest. monthly cost
$123,840/yrincome needed

About This Home

Welcome to this beautifully updated 3-flat in the heart of Berwyn! This exceptional investment property combines modern updates with a prime location, making it an outstanding opportunity for both owner occupants and investors. The **top-floor unit** was completely renovated in 2023, showcasing a stunning new kitchen with sleek, on-trend finishes - including stylish cabinetry, marble-look countertops, and new appliances. Off of the kitchen, you will find a convenient butler's pantry. The bathroom was also reimagined with contemporary finishes, while the rest of the unit features stylish paint and refinished floors that enhance its charm and functionality. The **main-floor unit**, updated in **2025**, boasts an abundance of natural light throughout. Upon entry, you're welcomed by a spacious living room that opens to both a bright sunroom and a generous dining area. Three bedrooms provide plenty of room to spread out, and the unit features luxury vinyl plank flooring for both durability and style. The remodeled kitchen (2025) offers sleek cabinetry, marble-look counters, and a modern, streamlined design. The **basement unit**, legally constructed in 2024, incorporates modern design elements and offers an ideal space for additional rental income or extended living arrangements. A **vacant lot to the east** is included in the sale, offering exciting potential for expansion or outdoor enjoyment. Ideally located within walking distance to the train station, hospital, shops, and restaurants, this property delivers the perfect combination of updated living spaces and unbeatable convenience. Shared laundry is conveniently located in the basement. There are two garage parking spaces, as well as two spaces to park in the rear of the building. Don't miss this incredible opportunity to own a stylish property in one of Berwyn's most convenient neighborhoods! *(Photos were taken prior to tenant occupancy on top floor.)*Property is being sold as-is. Price reflects condition following a recent $50,000 price reduction. Seller will not make repairs or provide credits.

Getting Around

81
WalkingVery Walkable
44
TransitSome Transit
56
BikeBikeable

Schools

6/10
8/10
Heritage Middle SchoolGrades 6-80.2 mi

Construction

Condition

  • Year built: 1899

Materials

  • Foundation: Block
  • Roof: Asphalt
  • Construction materials: Cedar

Notable Dates

  • Major remodel year: 2024

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Heating

  • Heating features: Natural Gas

Property

Details

  • Parcel number: 16304150330000
  • Special condition: None

Lot

  • Lot size: 6,098 sqft
  • Lot size dimensions: 50x125

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,Yes,Garage Owned,Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Inland Flooding
Winter Weather
Tsunami

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,148$25,776
Home Insurance *$206$2,472
Property Taxes $612$7,344
Electricity $130$1,569
Total$3,096$37,152
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$106,148/yr
40% on housing$92,880/yr
45% on housing$82,560/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 60402$197
Cook County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 60402$226
Cook County$219

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Contingent$424,900
2026-04-24Listed for sale$424,900
2026-02-07Listing removed$475,000
2026-01-06Contingent$475,000
2025-12-11Listed for sale$475,000
2025-11-15Contingent$475,000
2025-11-06Listed for sale$475,000
2022-10-31Listing removed--
2022-04-29Listed for sale$69,000
2022-04-20Listing removed$49,900
2022-03-11Contingent$49,900
2022-03-04Price change$49,900
2021-11-06Listed for sale$89,000
2020-09-25Listing removed$369,900
2020-08-04Price change$369,900
2020-06-22Listed for sale$370,000
2020-04-04Listing removed$370,000
2020-03-09Listed for sale$370,000
2019-12-10Listing removed$350,000
2019-10-30Listed for sale$350,000
2019-10-17Pending sale$350,000
2019-10-01Listed for sale$350,000
2017-02-15Sold$370,000
2006-10-30Sold$329,900

For Sale by Agent

AgentPaul Baker
BrokeragePlatinum Partners Realtors

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