Active Under Contract

$485,000

1632 Ridgeland Avenue, Berwyn, IL 60402
7 Beds3 Baths21 days
1632 Ridgeland Avenue·Berwyn, IL 60402
7Bedrooms
3Bathrooms
1932Year Built
About This Home

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.

MLS# 12595620Listed March 20, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms3
Total Rooms19

Size & Structure

Garage Spaces2
Year Built1932
Lot Size3660

Location

CountyCook
TownshipBerwyn
Zip Code60402

Financial

List Price$485,000
Annual Taxes (2023)$8,814
Monthly Tax Est.$735
Parcel #16194070220000
Interior Features

Heating

Radiator(s)

Basement

None
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

YesGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$8,814
Tax Year 2023
Monthly Tax Est.
$735
per month
Property Location

1632 Ridgeland Avenue, Berwyn, IL 60402Cook County

$485,000
1632 Ridgeland Avenue
7 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
21 days on market
2-car garage
3660
$8,814/yr taxes
$3,283
estimated monthly payment
Principal & Interest
$2,549/mo
Property Tax
$735/mo
$485,000
20% — $97,000
3%50%
6.875%
3%12%
Loan Amount
$388,000
Down Payment
$97,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Dolejs Realty & Management
Agent: Richard Dolejs
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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