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$410,000
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Property Description
Located in the heart of Berwyn this turn key multi unit offers tons of potential for any buyer! This building has been brought down to the studs and undergone a complete renovation, everything in the building is brand new! The building blends functionality with modern finishes that any buyer or tenant would love, it feels as if you are in a new construction home. The flooring is newer in both units, bathrooms have been updated with new vanities, new tub/shower enclosures in both units. The kitchens are very spacious with an eat in area which is the perfect breakfast nook, each kitchen offers new counters, new cabinets, SS appliances and updated plumbing. The basement is unfinished, there is a 2 car garage and a great fenced yard! The owner can live in one unit and rent the other out for passive income or rent both units out and enjoy cash flow while adding an investment property to your portfolio! The location is hard to pass on, being between 290 and all Cermak has to offer! This building will not last long as rarely do you find a turn key multi unit in this condition in this location!
Full Property Details
Full Property Details for 1512 Lombard Ave
General
- Sold For: $410,000
- Taxes: $7,350 (2022)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12264020
- Added to Site: 378 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: On Site, Detached, Garage
- Parking On-Site: Yes
Location
- Area: Berwyn
- County: Cook
- Driving Directions: Ridgeland to 16th east to Lombard north to Home
School Information
- School District: 100
- Midd School District: 100
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Construction: Frame
- Exterior Const.: Frame
- Basement Desc.: Unfinished, Full
- Year Built: 1907
- Built Before 1978: Yes
- Remodeled/Updated: 2024
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 30 x 126
Financial Considerations
- Assessment Year: 1907
- Tax Amount: $7,350
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16201260260000
Listed by RE/MAX Properties
Sold by Century 21 Gust Realty
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Schools
Schools serving 1512 Lombard Ave
School Districts:Berwyn North School District 98, J. Sterling Morton High School District 201
| Name | Grades | Distance |
|---|---|---|
Karel Havlicek Elementary School 6401 15th Street, Berwyn, IL 60402 | K-5 | 0.3 mi |
Lincoln Middle School, Berwyn, IL 6432 16th Street, Berwyn, IL 60402 | 6-8 | 0.4 mi |
J Sterling Morton Freshman Center 1801 South 55th Avenue, Cicero, IL 60804 | 9- | 1 mi |
J Sterling Morton East High School 2423 South Austin Boulevard, Cicero, IL 60804 | 10-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1512 Lombard Ave
Date
Details
Price
Change
Source
4/24/2025
Sold
$410,000
-1.15%
MLS
3/18/2025
Price Reduced
$414,750
-1.19%
MLS
1/03/2025
Listed
$419,750
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1512 Lombard Avenue, Berwyn, IL 60402 (MLS# 12264020) is a Multi-Family property that was sold at $410,000 on April 24, 2025. Want to learn more about 1512 Lombard Avenue? Do you have questions about finding other Multi-Family real estate for sale in Berwyn? You can browse all Berwyn real estate or contact a Coldwell Banker agent to request more information.

