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  • $510,000

    3136 Ridgeland Ave, Berwyn, IL 60402

    7beds
    --sqft
    Multi Family
    Built in 1916
    -- sqft lot
    $538,800 Zestimate®
    $--/sqft
    $1,593 Estimated rent

    Home value

    $538,800

    $480,000 - $603,000

    $1,593/mo

    Zestimate® history
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    $3,475/mo

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    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: August 22, 2024 at 02:17pm

    Listing courtesy of:

    Luminita Ispas 312-455-1322,

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

    Valentin Tudor,

    Century 21 S.G.R., Inc.

    Bought with:

    Dhanwant Singh

    Pak Home Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12086664MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas
    Features
    • Basement: Unfinished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, On Site, Garage Owned, Detached
    • Garage spaces: 2
    Lot
    • Size: 3,049 sqft
    • Dimensions: 25 X 124
    Details
    • Parcel number: 16312110130000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1916

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Location
    • Region: Berwyn

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    12/24/2025Listing removed$1,500
    Source: Zillow Rentals Report a problem
    11/20/2025Listed for rent$1,500
    Source: Zillow Rentals Report a problem
    8/22/2024Sold$510,000-1%
    Source: MRED as distributed by MLS GRID #12086664 Report a problem
    7/1/2024Contingent$515,000
    Source: MRED as distributed by MLS GRID #12086664 Report a problem
    6/17/2024Listed for sale$515,000+137.9%
    Source: MRED as distributed by MLS GRID #12086664 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$9,652 +0.4%$26,999 +27.6%
    2022$9,611 +3.1%$21,151
    2021$9,324 +5.8%$21,151

    Find assessor info on the county website

    Neighborhood: 60402

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 98

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value$538,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $538,800