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1940 Ridgeland Avenue Berwyn, IL $ 535,000
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1940 Ridgeland Avenue
$ 535,000
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1940 Ridgeland Avenue

Berwyn, IL, 60402
$ 535,000
Bedrooms6 Baths2.0 Sq 2,724

Monthly Estimate*

$ 3,294

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Multi-Family Home for sale in Berwyn, IL

for $535,000 with 6 bedrooms and 2 full baths. This 2,724 square foot home was built in 1922 on a lot size of 0.11.

Two spacious and well-maintained units, each featuring 3 bedrooms and 1 bathroom, a large living room, and a formal dining room. Both units include a pantry and a bright sunroom. The property has been fully updated, with both units offering new kitchen cabinets, quartz countertops, updated bathrooms, and fresh paint throughout. One unit is currently occupied and rented, providing immediate rental income. Additional features include a 2-car garage, offering ample parking and storage. A great opportunity for investors or owner-occupants looking for a move-in-ready property with rental income potential.

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Multi-Family Active

Price

$ 535,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,373

Style

Lot Size

0.11

Year Built

1922

Town/City

Berwyn

County/Region

Cook

MLS | Web ID

12596176
Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Garage Spaces 2
Construction Materials Brick
Year Built 1922
Township Berwyn
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 12
Status New
Directions Roosevelt Rd (IL-38) to Ridgeland Ave south to property
High School J Sterling Morton West High Scho
City Berwyn
High School District 201
MLS Area Berwyn
Elementary School Karel Havlicek Elementary School
Tax Annual Amount 3373
Middle/Junior High School Lincoln Middle School
Standard Status Active
Middle/Junior School District 98
Elementary School District 98
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Interior
Basement Finished Partially Finished Full
Total Bedrooms 6
Room Type Sun Room
Total Baths 2
Bedrooms Possible 6
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Garage Door Opener Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 35 x 133
Lot Size Acres 0.11
Waterfront Y/N N
Other Equipment TV-Cable CO Detectors Ceiling Fan(s) Water Heater-Gas
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* Excluded Features
List By
Kale Realty

Broker

respondtothoa@gmail.com

Email

Affordability Calculator

$3,575
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,294
Monthly Property Taxes
$281
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1851438 Elementary School
567820 Middle School
J Sterling Morton West High Scho High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/21/2026$535,000 Listed Price

Map

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1940 Ridgeland Avenue, Berwyn, IL, 60402 is a Multi-Family Home for sale at $535,000 with 2,724 sqft and a lot size of 0.11. 1940 Ridgeland Avenue has 6 bedrooms, 2.0 baths, and was built in 1922. The property's zip code is 60402 which is in Berwyn, IL

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