2531 Elmwood Avenue
Berwyn, IL, 60402
$555,000
8 Beds
2 Baths
0 SqFt
0 Acres
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MLS #MRD12740202 image #0
Multiple Offers Received, calling for highest and best 8/31/2026 @ 3 pm Beautiful Multi Unit ready for the next steward! Imagine for yourself a two flat that you can move into with nothing to do. The roof was just replaced, the rear porch , the basement has been finished, and the living spaces are already updated. In fact we have a tenant already in place on the first floor for $2425 per month. Each unit offers a formal living room, dining room, 3 spacious bedrooms and one full bath. The mechanicals are also separated out and so each tenant pays for heat, hot water, electric and gas. There is an opportunity for even more rent should you decide to duplex the already finished basement into the first floor for twice the square footage! There is a two car garage and so much more, and so set up your viewing today. The second floor tenant has a lease expiring 11/30/2026

Property Details

Price:
$555,000
MLS #:
MRD12740202
Status:
Active Under Contract
Beds:
8
Baths:
2
Type:
Multi Family
Neighborhood:
berwyn
Listed Date:
Aug 22, 2026
Year Built:
1923
OtherBerwynBerwynHiawatha Elementary SchoolFreedom Middle SchoolJ Sterling Morton West High Scho

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Schools

School District:
201
Elementary School:
Hiawatha Elementary School
Middle School:
Freedom Middle School
High School:
J Sterling Morton West High Scho

Interior

Heating
Natural Gas

Exterior

Architectural Style
Other
Community Features
Park, Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Garage Spaces
2
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Patio And Porch Features
Porch

Financial

Tax Year
2023
Taxes
$11,023

Map

Community

Market Summary

Current real estate data for Multi Family in Berwyn as of Oct 05, 2026
22
Multi Family Listed
60
Avg DOM
$437,568
Avg List Price

Property Summary

    2531 Elmwood Avenue Berwyn IL is a Multi Family for sale in Berwyn, IL, 60402. It is listed for $555,000

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