3136 Ridgeland Avenue, Berwyn, Illinois 60402
$510,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 7 |
| Baths: | 0 |
| Year Built: | 1916 |
| Property Taxes: | $9,611 |
| Days On Market: | 514 |
| Lot Size: | 0,07 |
Description
Exceptional investment opportunity in Berwyn! Live comfortably in one unit while the others subsidize your mortgage with their rental income. This meticulously-updated four-unit property is perfectly located next to the Lavergne Metra stop, ideal for commuters. Each unit has been thoughtfully updated with individual furnaces & coils, a huge oversized hot water tank, and new PVC/copper plumbing. The seller has also installed separate gas meters for each apartment. The property features a brand-new spacious garage with a high 10 ft ceiling and a large 16x8 overhead door, perfect for taller vehicles and contractor equipment. Also features recent tuckpointing in the building and a newly-installed 6 ft fence surrounds a charming private courtyard, providing a secluded outdoor space for tenant enjoyment. New rear porch with 150 sq ft decking for each unit. Two of the units boast modern renovations, including designer cabinets, quartz countertops, stainless steel appliances, new flooring, and a new bath, commanding rents up to $1,600/month. All units are on flexible month-to-month leases, offering potential for immediate rental adjustments. The one-bedroom unit offers potential to convert into a two-bedroom layout, enhancing its rental value. This property is a must-see. Don't miss out on this rare find in the vibrant Berwyn market!
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1916 | |
| — | |
| — | |
| No | |
| 0.07 |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12086664 | |
| 16312110130000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 22 Aug, 2024 | Sold | $510,000 | MRED MLS |
| 1 Jul, 2024 | Under contract | $515,000 | MRED MLS |
| 17 Jun, 2024 | Listed for sale | $515,000 | MRED MLS |
Room Specifics
Total Bedrooms: 7
Bedrooms Above Ground: 7
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: Unfinished
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
| — | |
| 25 X 124 | |
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| — | |
| — | |
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| Not in DB | |
| — | |
| — | |
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| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2024 | $9,611 |
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Listing Provided By
Century 21 S.G.R., Inc.
