Under Contract

3838 Ridgeland Avenue

Berwyn, IL 60402
Mark as Favorite
Bed 7

Bed

Bath 3

Bath

HIGHEST AND BEST DUE BY MONDAY 6/15 AT NOON. Income producing 2-flat in prime South Berwyn location with consistent rental demand and long-term upside. This well maintained, turn key asset has been strategically improved to reduce future maintenance costs and enhance durability, making it an ideal addition to any investor portfolio. Recent capital improvements include garage epoxy flooring, new front and side concrete, and electrical upgrades completed in 2022. In 2023, a new sump pump was installed to improve system reliability. In 2024, additional value add enhancements were completed including new rear concrete for low-maintenance operations, installation of an EV charging station, a reinforced privacy fence with steel posts for long-term durability, and fully paid off solar panels w ith no lease attached to improve energy efficiency and reduce operating expenses. Property features include separate utilities for each unit, roof approximately 6 years old, second-floor furnace (5years old), and updated windows (2012). Each unit offers 3 bedrooms, 1 bath, spacious living areas, and large bedrooms with generous closet space. Finished basement provides additional owner-use flexibility and includes a bathroom. Two car brick garage completes this solid, cash flowing asset in a strong rental corridor.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $520,000

AD Id : 78986951

MLS Id : MRD12653600

Beds : 7

Year Built : 1966

Garage : 2

County : Cook

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total Bedroom: 7

    Bathroom Information

    Total Baths: 3

    Room Information

    Rooms Total: 10

    Interior Features

    Roof: Asphalt

    Roofing Information

    Asphalt
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Natural Gas, Forced Air WaterSource: Lake Michigan

  • Building Information

    Year Built: 1966

  • Lot Information

    Lot Dimensions: 30 X 125 Lot Size: Less Than .25 Acre

    Property Information

    Property Type: Residential Income Sub Type: Two to Four Units

  • Listing Price Information

    Original List Price:$520000

  • Tax Information

    Annual Tax: $9622.4 Tax Year: 2024 Parcel Number: 16314241240000 Tax Exemption: Homeowner

  • Parking Information

    Total Parking: 2 EV Ready, Yes, Garage Owned, Detached, Garage

    Garage Information

    Garage Space: 2

  • Utility Information

    Sewer: Public Sewer Water Source: Lake Michigan
  • Location Information

    City: Berwyn Direction: OGDEN AVE. TO RIDGELAND AVE. S. TO 3838
Sell a home like this and save $30,701 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1643 Kenilworth Avenue, Berwyn, IL, 60402 $500,000 5 3 --
1536 Clinton Avenue, Berwyn, IL, 60402 $415,000 4 2 2,000 2,000 SqFt
1931 East Avenue, Berwyn, IL, 60402 $500,000 6 3 3,185 3,185 SqFt
6710 Riverside Drive, Berwyn, IL, 60402 $525,000 4 3 1,671 1,671 SqFt
1618 Gunderson Avenue, Berwyn, IL, 60402 $349,000 3 2 1,420 1,420 SqFt
1531 Wenonah Avenue, Berwyn, IL, 60402 $649,900 5 4 3,500 3,500 SqFt
2416 Elmwood Avenue, Berwyn, IL, 60402 $572,500 4 3 3,200 3,200 SqFt
1423 Ridgeland Avenue, Berwyn, IL, 60402 $499,000 5 3 2,400 2,400 SqFt
1528 Euclid Avenue, Berwyn, IL, 60402 $219,900 5 3 --
1929 Cuyler Avenue, Berwyn, IL, 60402 $265,000 5 2 1,055 1,055 SqFt
Broker Logo

Disclaimer: The information being provided courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Midwest Real Estate Data LLC (MRED). ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of Midwest Real Estate Data LLC (MRED). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

Based on information submitted to the MLS GRID as of 06/22/2026 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.

Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 06/22/2026 @ 18:20. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.


DMCA Notice: The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
“The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

ByOwner last updated this listing 06/22/2026 @ 18:20

MLS: MRED #12653600 LISTED BY: Victor Naranjo, Cloud Gate Realty LLC 773-888-1220 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

Homes around $520,000

Selling? Save $30,701 when you sell a home like this

Tour with a ByOwner Agent