*** $9000 price reduction*** Great opportunity to own a turn-key Berwyn 3-flat in prime location. All tenants are on month-to-month leases and rents are below current rental market. This building was a gut rehab in 2015 with New Roof, New Windows, New Plumbing, New Electrical, New Furnaces & Central Air systems in each unit with WI-FI thermostats - 3 New Kitchens, 3 New Bathrooms, and Hardwood Oak floors throughout each unit. Kitchens feature 42" cabinets with Granite countertops and each unit has New appliances; UNIT #1 features Living Rm, formal Dining Rm, 3 Bedrooms, Kitchen and full Bath- Unit#2 features 2 Bedrooms, three season heated back porch, Kitchen and full Bath - Unit#3 features Living Rm, Kitchen, 1 Bedroom and full Bath. All units have separate furnaces and A/C & tenants pay for all utilities except water,garbage,taxes. Owned coin operated Washer & Dryer stay. This building is an investor's dream, just collect rents and maintain. Commuting is ideal with easy access to major highways and all major public transportation options. Don't miss out on the opportunity to own this true turn-key investment!!
Closed
$465,000
2118 Ridgeland Ave, Berwyn, IL 60402
6beds
--sqft
Multi Family
Built in 1921
-- sqft lot
$604,500 Zestimate®
$--/sqft
$1,975 Estimated rent
Home value
$604,500
$556,000 - $659,000
$1,975/mo
Zestimate® history
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$3,307/mo
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List your homeWhat's special
New plumbingNew roofNew electricalNew windowsHardwood oak floors throughoutGranite countertopsSeparate furnaces
Zillow last checked:
Listing updated:
Listed by:
Giovanni Arenella 708-715-2341,
Century 21 Circle
Bought with:
Eric Hublar
Redfin Corporation
Source: MRED as distributed by MLS GRID,MLS#: 11816426
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 2
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
Lot
- Size: 4,148 Square Feet
- Dimensions: 34X122
Details
- Parcel number: 16194310160000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Rubber
Condition
- New construction: No
- Year built: 1921
- Major remodel year: 2015
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Location
- Region: Berwyn
Financial & listing details
- Tax assessed value: $330,000
- Annual tax amount: $12,941
- Date on market: 6/24/2023
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 11/15/2023 | Sold | $465,000-2.2% |
Source:  MRED as distributed by MLS GRID #11816426 Report a problem | ||
| 7/31/2023 | Pending sale | $475,500 |
Source: MRED as distributed by MLS GRID #11816426 Report a problem | ||
| 7/16/2023 | Contingent | $475,500 |
Source: MRED as distributed by MLS GRID #11816426 Report a problem | ||
| 7/10/2023 | Price change | $475,500-1.9% |
Source: MRED as distributed by MLS GRID #11816426 Report a problem | ||
| 6/24/2023 | Listed for sale | $484,500+3.1% |
Source: MRED as distributed by MLS GRID #11816426 Report a problem | ||
| 6/15/2022 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11395127 Report a problem | ||
| 5/12/2022 | Listed for sale | $469,900+9.3% |
Source: MRED as distributed by MLS GRID #11395127 Report a problem | ||
| 11/15/2021 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11221169 Report a problem | ||
| 9/26/2021 | Contingent | $430,000 |
Source: MRED as distributed by MLS GRID #11221169 Report a problem | ||
| 9/16/2021 | Listed for sale | $430,000+19.4% |
Source: MRED as distributed by MLS GRID #11221169 Report a problem | ||
| 8/12/2016 | Sold | $360,000+300% |
Source: MRED as distributed by MLS GRID #09096819 Report a problem | ||
| 12/30/2014 | Sold | $90,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,744 +3.5% | $33,000 |
| 2023 | $10,376 -23.6% | $33,000 -2.7% |
| 2022 | $13,588 +5% | $33,905 |
| 2021 | $12,942 +2.7% | $33,905 |
| 2020 | $12,603 -15.1% | $33,905 -5.8% |
| 2019 | $14,850 +4.1% | $36,005 |
| 2018 | $14,265 +3.2% | $36,005 |
| 2017 | $13,825 +106.5% | $36,005 +127.5% |
| 2016 | $6,693 -6% | $15,824 -7.8% |
| 2015 | $7,122 -10.4% | $17,159 -12.9% |
| 2014 | $7,947 -0.6% | $19,697 -11.6% |
| 2013 | $7,997 +6.4% | $22,294 |
| 2012 | $7,518 -0.2% | $22,294 |
| 2011 | $7,534 -16.4% | $22,294 -27.2% |
| 2010 | $9,014 +40.1% | $30,627 |
| 2009 | $6,436 +7% | $30,627 -15% |
| 2008 | $6,016 -7.2% | $36,031 +11.1% |
| 2007 | $6,481 +9.6% | $32,437 |
| 2006 | $5,915 -1.6% | $32,437 |
| 2005 | $6,010 +5.6% | $32,437 +42.3% |
| 2004 | $5,692 +1.9% | $22,791 |
| 2003 | $5,588 +5.8% | $22,791 |
| 2002 | $5,282 +17% | $22,791 +22.9% |
| 2001 | $4,513 -1.3% | $18,551 |
| 2000 | $4,574 +5.2% | $18,551 |
| 1999 | $4,350 | $18,551 |
Find assessor info on the county website
Neighborhood: 60402
Nearby homes
- $--2 bd1 ba-- sqft2118 Ridgeland Ave #2R, Berwyn, IL 60402Off Market
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- $350,0002 bd1 ba1.5k sqft2124 Ridgeland Ave, Berwyn, IL 60402Sold
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Nearby schools
GreatSchools rating
- 6/10Karel Havlicek Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 7/10Lincoln Middle SchoolGrades: 6-8Distance: 0.4 mi
- 6/10J Sterling Morton West High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Karel Havlicek Elementary School
- Middle: Lincoln Middle School
- High: J Sterling Morton West High Scho
- 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
$604,500
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Estimated market value
$604,500
- Illinois
- Cook County
- Berwyn
- 60402
- 2118 Ridgeland Ave
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