This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$400,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Endless Potential in Berwyn - Legal 2-Unit with Room to Grow! This spacious legal 2-unit property offers the perfect opportunity for investors or owner-occupants looking to build equity. The first-floor unit boasts 4 generously sized bedrooms, a full dining room, and a separate family room-ideal for larger households or maximizing rental potential. The second-floor unit features 2 bedrooms, offering a more private, cozy layout. Hardwood floors lie beneath the carpet, ready to be brought back to life. With solid bones and great layout flow, this home offers tons of potential with the right updates. Located just minutes from I-290, you'll have quick access to the city, nearby shops, and more. Property is being sold as-is, making it a perfect project for someone with vision. Whether you're house hacking, investing, or looking for a multi-generational setup, this one has all the space and flexibility you need.
Full Property Details
Full Property Details for 1525 Gunderson Ave
General
- Sold For: $400,000
- Taxes: $8,704 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12359363
- Added to Site: 254 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: On Site, Garage Owned, Detached, Garage
- Parking On-Site: Yes
Location
- Area: Berwyn
- County: Cook
- Driving Directions: RIDGELAND WEST TO GUNDERSON SOUTH TO BUILDING.
School Information
- School District: 98
- Midd School District: 98
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Full
- Year Built: 1923
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
Financial Considerations
- Assessment Year: 1923
- Tax Amount: $8,704
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16192300110000
Listed by RE/MAX Partners
Sold by @properties Christie's International Real Estate
Get Pre-Approved Today
Schools
Schools serving 1525 Gunderson Ave
School Districts:Berwyn North School District 98, J. Sterling Morton High School District 201
| Name | Grades | Distance |
|---|---|---|
Prairie Oak School 1427 Oak Park Avenue, Berwyn, IL 60402 | K-5 | 0.4 mi |
Lincoln Middle School, Berwyn, IL 6432 16th Street, Berwyn, IL 60402 | 6-8 | 0.1 mi |
J Sterling Morton West High School 2400 Home Avenue, Berwyn, IL 60402 | 9-12 | 1.1 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 1525 Gunderson Ave
Date
Details
Price
Change
Source
9/15/2025
Sold
$400,000
-9.07%
MLS
6/25/2025
Price Reduced
$439,900
-3.3%
MLS
5/07/2025
Listed
$454,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1525 Gunderson Avenue, Berwyn, IL 60402 (MLS# 12359363) is a Multi-Family property that was sold at $400,000 on September 15, 2025. Want to learn more about 1525 Gunderson 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.

