Welcome to this beautiful, legal three-unit building located in the heart of Berwyn. This property boasts two fully renovated kitchens and bathrooms, ensuring modern comfort and style. The garden unit is legally recognized, providing an excellent opportunity for extra income. Currently, the garden and second-floor units are tenant-occupied, ensuring immediate rental income. The first-floor tenant is set to move out next month, offering a perfect opportunity for owner-occupancy or new tenants. Situated in a prime location, this property is ideal for investors and homeowners alike. Don't miss out on this fantastic opportunity to own a versatile and income-generating property in a great community.
Closed
$479,900
1940 Clarence Ave, Berwyn, IL 60402
5beds
--sqft
Multi Family
Built in 1926
-- sqft lot
$535,600 Zestimate®
$--/sqft
$2,076 Estimated rent
Home value
$535,600
$509,000 - $562,000
$2,076/mo
Zestimate® history
Owner options
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$3,388/mo
Est. payment
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$3,388/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Milton Cabrera 708-359-3154,
Luna Realty Group
Bought with:
Gabriel Figueroa
Century 21 Circle
Source: MRED as distributed by MLS GRID,MLS#: 12115746
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Radiant, Zoned
Features
- Windows: Screens
- Basement: Finished,Exterior Entry,Full
Property
Parking
- Total spaces: 4
- Parking features: Garage Door Opener, On Site, Garage Owned, Detached, Off Alley, Owned, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
Lot
- Size: 4,158 Square Feet
Details
- Parcel number: 16194180290000
- Special conditions: None
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Brick
Condition
- New construction: No
- Year built: 1926
- Major remodel year: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s)
Location
- Region: Berwyn
Financial & listing details
- Tax assessed value: $340,000
- Annual tax amount: $9,647
- Date on market: 7/19/2024
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2024 | Sold | $479,900 |
Source:  MRED as distributed by MLS GRID #12115746 Report a problem | ||
| 8/5/2024 | Contingent | $479,900 |
Source: MRED as distributed by MLS GRID #12115746 Report a problem | ||
| 7/19/2024 | Listed for sale | $479,900+26.3% |
Source: MRED as distributed by MLS GRID #12115746 Report a problem | ||
| 1/28/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/14/2024 | Listed for rent | $1,000 |
Source: Zillow Rentals Report a problem | ||
| 8/13/2021 | Sold | $380,000+7% |
Source: MRED as distributed by MLS GRID #11056512 Report a problem | ||
| 5/12/2021 | Contingent | $355,000 |
Source: MRED as distributed by MLS GRID #11056512 Report a problem | ||
| 5/9/2021 | Listed for sale | $355,000 |
Source: MRED as distributed by MLS GRID #11056512 Report a problem | ||
| 4/29/2021 | Contingent | $355,000 |
Source: MRED as distributed by MLS GRID #11056512 Report a problem | ||
| 4/23/2021 | Listed for sale | $355,000+20.7% |
Source: MRED as distributed by MLS GRID #11056512 Report a problem | ||
| 4/27/2017 | Sold | $294,000-1.7% |
Source: Public Record Report a problem | ||
| 3/1/2017 | Pending sale | $299,000 |
Source: Skydan Real Estate Sales LLC #09511986 Report a problem | ||
| 2/23/2017 | Listed for sale | $299,000-13.5% |
Source: Skydan Real Estate Sales, LLC #09511986 Report a problem | ||
| 8/27/2004 | Sold | $345,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $34,000 |
| 2023 | $9,648 -12.1% | $34,000 +24.1% |
| 2022 | $10,982 +19.5% | $27,401 |
| 2021 | $9,188 +1.7% | $27,401 |
| 2020 | $9,032 +30.8% | $27,401 +35.8% |
| 2019 | $6,907 +4.1% | $20,176 |
| 2018 | $6,633 +2.8% | $20,176 |
| 2017 | $6,451 -0.7% | $20,176 +13% |
| 2016 | $6,497 +2.8% | $17,858 |
| 2015 | $6,323 +2.5% | $17,858 |
| 2014 | $6,169 +0.9% | $17,858 -9.3% |
| 2013 | $6,117 +5.5% | $19,682 |
| 2012 | $5,796 -2.9% | $19,682 |
| 2011 | $5,969 +1.2% | $19,682 -24.6% |
| 2010 | $5,897 +8.3% | $26,095 |
| 2009 | $5,445 +8.9% | $26,095 -15% |
| 2008 | $5,000 -1.9% | $30,700 +17.9% |
| 2007 | $5,095 +9.7% | $26,036 |
| 2006 | $4,643 -0.9% | $26,036 |
| 2005 | $4,683 -13.5% | $26,036 +39.1% |
| 2004 | $5,413 +3.2% | $18,721 |
| 2003 | $5,245 +5.8% | $18,721 |
| 2002 | $4,955 +10.3% | $18,721 +22.1% |
| 2001 | $4,490 -1.1% | $15,327 |
| 2000 | $4,540 -1.8% | $15,327 |
| 1999 | $4,625 | $15,327 |
Find assessor info on the county website
Neighborhood: 60402
Nearby homes
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Nearby schools
GreatSchools rating
- 7/10Prairie Oak SchoolGrades: PK-5Distance: 0.6 mi
- 7/10Lincoln Middle SchoolGrades: 6-8Distance: 0.4 mi
- 6/10J Sterling Morton West High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- District: 98
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
$535,600
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
$535,600
- Illinois
- Cook County
- Berwyn
- 60402
- 1940 Clarence Ave
Nearby cities
Nearby zip codes
Other Berwyn Topics
