Don't miss this amazing chance to own a well-kept 3-unit property with great rental income potential! Two of the units are already rented, and one is vacant-perfect for someone looking to move in and take advantage of FHA financing! The occupied units include a 3-bedroom, 1-bath unit and a cozy 1-bedroom, 1-bath basement unit, both rented below market value, giving you the opportunity to earn more in the future. The vacant 2-bedroom, 1-bath unit has been updated with new recessed lighting and stylish light fixtures, making it even more appealing whether you choose to move in or rent it out at market value for extra income! Whether you're looking for a home with rental income or looking to add to your portfolio, this property is a must-see!
Closed
$462,500
1514 East Ave, Berwyn, IL 60402
6beds
--sqft
Multi Family
Built in 1963
-- sqft lot
$494,500 Zestimate®
$--/sqft
$1,836 Estimated rent
Home value
$494,500
$440,000 - $554,000
$1,836/mo
Zestimate® history
Owner options
List your home for rent
$1,836/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,836/mo
Rent Zestimate®
Refinance and save
$3,284/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,284/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Stylish light fixtures
Zillow last checked:
Listing updated:
Listed by:
Jocelyne Cardona 773-556-4389,
Realty of America, LLC
Bought with:
Erik Corral
You Properties LLC
Source: MRED as distributed by MLS GRID,MLS#: 12289003
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: On Site, Detached, Garage
- Garage spaces: 2
Lot
- Size: 3,125 Square Feet
- Dimensions: 25X125
Details
- Parcel number: 16192270460000
- Special conditions: List Broker Must Accompany
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Brick
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Berwyn
Financial & listing details
- Tax assessed value: $310,000
- Annual tax amount: $9,746
- Date on market: 2/12/2025
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2025 | Sold | $462,500+2.8% |
Source:  MRED as distributed by MLS GRID #12289003 Report a problem | ||
| 3/5/2025 | Contingent | $450,000 |
Source: MRED as distributed by MLS GRID #12289003 Report a problem | ||
| 3/5/2025 | Listed for sale | $450,000 |
Source: MRED as distributed by MLS GRID #12289003 Report a problem | ||
| 2/23/2025 | Contingent | $450,000 |
Source: MRED as distributed by MLS GRID #12289003 Report a problem | ||
| 2/12/2025 | Listed for sale | $450,000+50% |
Source: MRED as distributed by MLS GRID #12289003 Report a problem | ||
| 8/24/2021 | Sold | $300,000+4.5% |
Source: Public Record Report a problem | ||
| 12/12/2003 | Sold | $287,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $31,000 |
| 2023 | $9,747 -2.6% | $31,000 +24.2% |
| 2022 | $10,005 +5% | $24,965 |
| 2021 | $9,529 +2.7% | $24,965 |
| 2020 | $9,280 -5.9% | $24,965 +4.4% |
| 2019 | $9,859 +4.1% | $23,904 |
| 2018 | $9,471 +3.2% | $23,904 |
| 2017 | $9,178 +36.9% | $23,904 +50.9% |
| 2016 | $6,703 +1.9% | $15,846 |
| 2015 | $6,577 -8% | $15,846 -10.6% |
| 2014 | $7,149 +14.3% | $17,719 +1.6% |
| 2013 | $6,253 +6.4% | $17,434 |
| 2012 | $5,879 -10.4% | $17,434 -10.2% |
| 2011 | $6,560 -11.3% | $19,411 -22.7% |
| 2010 | $7,395 -0.6% | $25,124 |
| 2009 | $7,442 -1.2% | $25,124 -15% |
| 2008 | $7,532 -6.9% | $29,558 -2% |
| 2007 | $8,086 +42.6% | $30,162 |
| 2006 | $5,670 -0.8% | $30,162 |
| 2005 | $5,715 +1.8% | $30,162 +41.2% |
| 2004 | $5,617 -6.2% | $21,366 |
| 2003 | $5,986 +5.8% | $21,366 |
| 2002 | $5,655 +15.4% | $21,366 +27.8% |
| 2001 | $4,898 -1.1% | $16,720 |
| 2000 | $4,953 +22% | $16,720 |
| 1999 | $4,060 | $16,720 |
Find assessor info on the county website
Neighborhood: 60402
Nearby homes
- $--2 bd1 ba1.1k sqft1514 East Ave #2, Berwyn, IL 60402Off Market
- $--1 bd1 ba900 sqft1514 East Ave #G, Berwyn, IL 60402Off Market
- $--3 bd1 ba1.1k sqft1514 East Ave #1, Berwyn, IL 60402Off Market
- $358,1003 bd2 ba1.4k sqft1516 East Ave, Berwyn, IL 60402Off Market
- $1,650-- bd-- ba-- sqft1516 East Ave, Berwyn, IL 60402Off Market
- $389,000-- bd-- ba-- sqft1518 East Ave, Berwyn, IL 60402Off Market
- $375,0002 bd3 ba-- sqft1512 East Ave, Berwyn, IL 60402Sold
- $449,4004 bd3 ba2.2k sqft1512 East Ave, Berwyn, IL 60402Off Market
Nearby schools
GreatSchools rating
- 7/10Prairie Oak SchoolGrades: PK-5Distance: 0.3 mi
- 7/10Lincoln Middle SchoolGrades: 6-8Distance: 0.2 mi
- 6/10J Sterling Morton West High SchoolGrades: 9-12Distance: 1.1 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.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$494,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$494,500
- Illinois
- Cook County
- Berwyn
- 60402
- 1514 East Ave
Nearby cities
Nearby zip codes
Other Berwyn Topics
