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3136 Ridgeland Avenue, Berwyn, IL 60402

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For Sale

$515,000

7 beds

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 1916
    Year built

  • 2 Car Garage
    Garage Count

Explore this Property

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!
MLS# 12086664

Listed By CENTURY 21 S.G.R., Inc.

Property Features

  • Garage Count
    2 Car Garage
  • Style
    Other Style

Map and Directions

Directions to 3136 Ridgeland Avenue, Berwyn, IL 60402

Home seller CENTURY 21 S.G.R., Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 S.G.R., Inc.

(312) 326-2121
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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