$515,000
Active Under Contract
36 Days Online
7 Beds0 Baths0 SQFT
Active Under Contract

3136 Ridgeland Avenue Berwyn, IL 60402

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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 TypeMulti-Family
  • NeighborhoodN/A
  • CountyCook
  • Taxes$9,611
  • HOA/Condo/Coop Fees$0
  • Days on Site35 Days
  • MLS StatusActive Under Contract
  • MLS ID Number12086664
  • Home Size Source N/A
  • Year Built1916
  • Lot Size0.07 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 2
  • Sewer Public Sewer
  • Basement Full
  • Acreage 0.07
  • Property Sub Type Multi Family
  • Garage Spaces 2
  • Zoning MULTI
  • General Information Commuter TrainInterstate Access
  • Garage Detached
  • Rooms Total 15
  • Lot Size Less Than .25 Acre
  • Water Lake Michigan
  • Parking Total 2

Interior Features

  • Heating Natural Gas

Exterior Features

  • Waterfront Property No

Community Features

  • Township Berwyn
  • MLS Area Berwyn

Schools

School District
98
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$2,678
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