Sold

Closed

3136 Ridgeland Avenue

Berwyn IL, 60402

$510,000


Sold

Closed

7 Beds

4 Baths

Multi-family

Built in 1916

Courtesy of Century 21 S.G.R., Inc.

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!

12086664

MLS ID

June 17, 2024

Listed

August 24, 2024

Updated

Map

3136 Ridgeland Avenue
Berwyn IL, 60402

Interior Features

Bedrooms

7


Total Bathrooms

4


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.07 Acres


Sewer

Public Sewer

School Information

School District

98

Other Property Details

Area Name

Berwyn


Taxes

$9,611


Tax Frequency

Annually


Days on Market

15


Garage

Yes


Garage Spaces

2


Parking Total

2


View

No


County

Cook


Municipality

Berwyn


Water Source

Lake Michigan


Pool

No


Zoning

MULTI

Listing History

Date

Event

Price

8/22/2024

Sold

$510,000

7/1/2024

Under contract

Courtesy of Century 21 S.G.R., Inc., Luminita Ispas,
Listing Contact: 312-455-1322 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Julie Latsko are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 8/24/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 7:10 PM UTC, 8/24/2024

 

 

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