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$515,000

Sold

2 years ago

MLS® 12086664

7 Bed

4 Bath

--

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $9,611
Lot Size 0.07 acres
Approx. Age 1916
MLS® Number 12086664

Property Address: 3136 Ridgeland Ave, Berwyn, IL, 60402-3528

Average square foot calculated using Size range provided by listing agent.

Description

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® Number12086664
Laundry Level
Central VacNo
FireplaceNo
Acreage0.07
Exterior
GarageYes
Approx. Age1916
BasementFull
Driveway
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Price History

Jul 1, 2024End Date
$510,000Sold Price

Sold

Jun 17, 2024List Date
$515,000List Price
  • Commute

Commute

Starting Address
Destination Address
3136 Ridgeland Ave, Berwyn, IL

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