Located in the heart of Berwyn this turn key multi unit offers tons of potential for any buyer! This building has been brought down to the studs and undergone a complete renovation, everything in the building is brand new! The building blends functionality with modern finishes that any buyer or tenant would love, it feels as if you are in a new construction home. The flooring is newer in both units, bathrooms have been updated with new vanities, new tub/shower enclosures in both units. The kitchens are very spacious with an eat in area which is the perfect breakfast nook, each kitchen offers new counters, new cabinets, SS appliances and updated plumbing. The basement is unfinished, there is a 2 car garage and a great fenced yard! The owner can live in one unit and rent the other out for passive income or rent both units out and enjoy cash flow while adding an investment property to your portfolio! The location is hard to pass on, being between 290 and all Cermak has to offer! This building will not last long as rarely do you find a turn key multi unit in this condition in this location!
Closed
$410,000
1512 Lombard Ave, Berwyn, IL 60402
4beds
--sqft
Multi Family
Built in 1907
-- sqft lot
$437,900 Zestimate®
$--/sqft
$1,922 Estimated rent
Home value
$437,900
$390,000 - $490,000
$1,922/mo
Zestimate® history
Owner options
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$1,922/mo
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$1,922/mo
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$2,934/mo
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$2,934/mo
Est. payment
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List your homeWhat's special
Modern finishesFenced yardComplete renovationBreakfast nookNew countersSs appliancesNew cabinets
Zillow last checked:
Listing updated:
Listed by:
Ryan Smith 708-246-6300,
RE/MAX Properties
Bought with:
David Gust
Century 21 Gust Realty
Source: MRED as distributed by MLS GRID,MLS#: 12264020
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 2
- Parking features: On Site, Detached, Garage
- Garage spaces: 2
Lot
- Size: 3,780 Square Feet
- Dimensions: 30 X 126
Details
- Parcel number: 16201260260000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
Condition
- New construction: No
- Year built: 1907
- Major remodel year: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Berwyn
Financial & listing details
- Tax assessed value: $250,010
- Annual tax amount: $7,350
- Date on market: 1/3/2025
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2025 | Sold | $410,000-1.1% |
Source:  MRED as distributed by MLS GRID #12264020 Report a problem | ||
| 3/28/2025 | Pending sale | $414,750 |
Source: MRED as distributed by MLS GRID #12264020 Report a problem | ||
| 3/18/2025 | Price change | $414,750-1.2% |
Source: MRED as distributed by MLS GRID #12264020 Report a problem | ||
| 3/6/2025 | Listed for sale | $419,750 |
Source: MRED as distributed by MLS GRID #12264020 Report a problem | ||
| 2/18/2025 | Contingent | $419,750 |
Source: MRED as distributed by MLS GRID #12264020 Report a problem | ||
| 2/18/2025 | Listed for sale | $419,750 |
Source: MRED as distributed by MLS GRID #12264020 Report a problem | ||
| 2/17/2025 | Pending sale | $419,750 |
Source: MRED as distributed by MLS GRID #12264020 Report a problem | ||
| 1/27/2025 | Listed for sale | $419,750 |
Source: MRED as distributed by MLS GRID #12264020 Report a problem | ||
| 1/16/2025 | Pending sale | $419,750 |
Source: MRED as distributed by MLS GRID #12264020 Report a problem | ||
| 1/3/2025 | Listed for sale | $419,750 |
Source: MRED as distributed by MLS GRID #12264020 Report a problem | ||
| 12/17/2024 | Listing removed | $419,750 |
Source: MRED as distributed by MLS GRID #12211260 Report a problem | ||
| 12/11/2024 | Price change | $419,750-2.4% |
Source: MRED as distributed by MLS GRID #12211260 Report a problem | ||
| 11/15/2024 | Listed for sale | $429,900+230.7% |
Source: MRED as distributed by MLS GRID #12211260 Report a problem | ||
| 6/23/2022 | Sold | $130,000-29% |
Source: Public Record Report a problem | ||
| 11/16/1994 | Sold | $183,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $25,001 +0% |
| 2023 | $7,860 +6.9% | $24,999 +14.9% |
| 2022 | $7,350 +4.5% | $21,760 |
| 2021 | $7,035 +1.4% | $21,760 |
| 2020 | $6,935 +15.1% | $21,760 +20.6% |
| 2019 | $6,025 +4.1% | $18,037 |
| 2018 | $5,785 +2.8% | $18,037 |
| 2017 | $5,630 +8.3% | $18,037 +22% |
| 2016 | $5,199 +3% | $14,789 |
| 2015 | $5,049 +2.4% | $14,789 |
| 2014 | $4,930 +6.5% | $14,789 -4.8% |
| 2013 | $4,627 +5.3% | $15,530 |
| 2012 | $4,395 -3.7% | $15,530 |
| 2011 | $4,566 -8.9% | $15,530 -30.6% |
| 2010 | $5,012 +8.6% | $22,392 |
| 2009 | $4,617 +9.9% | $22,392 -15% |
| 2008 | $4,199 -11.9% | $26,343 +6.1% |
| 2007 | $4,769 +9.9% | $24,822 |
| 2006 | $4,341 -0.9% | $24,822 |
| 2005 | $4,379 +4.2% | $24,822 +50.6% |
| 2004 | $4,204 +2.4% | $16,480 |
| 2003 | $4,104 +5.8% | $16,480 |
| 2002 | $3,879 +15% | $16,480 +21.7% |
| 2001 | $3,374 -1.3% | $13,539 |
| 2000 | $3,418 +23.7% | $13,539 |
| 1999 | $2,763 | $13,539 |
Find assessor info on the county website
Neighborhood: 60402
Nearby homes
- $326,4004 bd2 ba1.4k sqft1510 Lombard Ave, Berwyn, IL 60402Off Market
- $365,2004 bd2 ba1.2k sqft1514 Lombard Ave, Berwyn, IL 60402Off Market
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- $280,8002 bd1 ba1k sqft1502 Lombard Ave, Berwyn, IL 60402Off Market
- $295,5003 bd1 ba834 sqft1524 Lombard Ave, Berwyn, IL 60402Off Market
Nearby schools
GreatSchools rating
- 6/10Karel Havlicek Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 7/10Lincoln Middle SchoolGrades: 6-8Distance: 0.3 mi
- 6/10J Sterling Morton West High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- District: 100
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
$437,900
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Estimated market value
$437,900
- Illinois
- Cook County
- Berwyn
- 60402
- 1512 Lombard Ave
Nearby cities
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