2531 Elmwood AVE, Berwyn, IL 60402
2531 Elmwood AVE, Berwyn, IL 60402
2531 Elmwood AVE, Berwyn, IL 60402
2531 Elmwood AVE, Berwyn, IL 60402
2531 Elmwood AVE, Berwyn, IL 60402
2531 Elmwood AVE, Berwyn, IL 60402
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 569,000
Est. payment | /mo

8 Beds

2 Baths


Save
$ 569,000
Est. payment | /mo
Save

8 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12740202

Style Other

Bedrooms 8

Year Built 1923

Annual Tax Amount $11,023

Tax Year 2023

Lot Dimensions 30X125

Property Sub-Type Two to Four Units

Property Description

BACK ON THE MARKET-YOUR SECOND CHANCE STARTS HERE! With village inspections passed and Unit 2 ready for immediate owner occupancy, this beautifully updated two-flat delivers space, income, and opportunity. Move upstairs and enjoy an existing first-floor tenant paying $2,425 per month! Each residence features a formal living room, separate dining room, three spacious bedrooms, one full bath, and in-unit laundry. Updated interiors, a newly replaced roof, and a newer rear porch make this a compelling move-in-ready opportunity. Separate mechanicals and tenant-paid heat, hot water, gas, and electricity simplify ownership. Looking for additional upside? The already-finished basement offers potential to create an expansive first-floor duplex and pursue higher rental income, subject to municipal approval. A two-car garage rounds out the package. Live comfortably. Collect income. Build your next chapter. Schedule your private showing today!

Location

State IL

County Cook

Area Berwyn

Zoning MULTI

Rooms

Basement Finished, Full

Interior

Heating Gas

Fireplace N

Exterior

Garage Spaces 2.0

Community Features Park, Sidewalks, Street Lights, Street Paved

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

Elementary Schools Hiawatha Elementary School

Middle Schools Freedom Middle School

High Schools J Sterling Morton West High Scho

School District 100 , 100, 201

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
Listed by Wilfredo Aguilar Jr of  North Clybourn Group, Inc. 

Nearby Locations

R. Gabriel Dor

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(773) 844-2838

gdor@chicagorea.com

1941 N Elston Ave, Chicago, IL 60642, USA

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

2531 Elmwood AVE