$500,000
$485,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
1632 Ridgeland AVE Berwyn, IL 60402
7 Beds
3 Baths
Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12595620
Sold Date 06/03/26
Bedrooms 7
Year Built 1932
Annual Tax Amount $8,814
Tax Year 2023
Lot Dimensions 3660
Property Sub-Type Two to Four Units
Property Description
Discover this beautifully maintained classic brick multiunit building in the heart of Berwyn-rich with character, charm, and strong income producing potential for the savvy investor. Featuring timeless architectural details, including original stained glass windows and hardwood floors, this property offers both durability and historic appeal. The first and second-floor units are currently rented and feature an ideal, spacious layout with three bedrooms, a separate kitchen and dining room, and a large, bright living room. These units provide excellent rental stability and long-term tenant desirability. The vacant garden unit is a standout, offering a massive living room, an oversized bedrooms, and direct interior access to the laundry room, making it perfect for an owner-occupant or for securing a new tenant immediately. A two-car garage adds additional value and rental income potential. Located in a prime Berwyn location, you're close to shopping, dining, public transportation, parks, and schools. Whether you're expanding your portfolio or looking for a property with strong upside, this building checks all the boxes. Solid brick construction, excellent layout, great location, and priced to sell. Don't miss this opportunity! Sold AS-IS. Please be courteous and DO NOT Disturb the tenants. Only the garden unit is available to view. The other units will be provide access on later date. See Broker remarks.
Location
State IL
County Cook
Area Berwyn
Rooms
Basement None
Interior
Heating Radiator(s)
Fireplace N
Exterior
Garage Spaces 2.0
Building
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 100 , 100, 201
Others
Ownership Fee Simple
Special Listing Condition None
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Anthony Draco of Realty of America, LLC
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