1531 Elmwood Avenue, Berwyn, IL 60402 - Photo 1

1/1

$225,000

Sold
Closed
Single Family
2 Beds
1 Full Bath
1,028 Sq. Ft.
2 Car Garage

1/1

Property Description

Investor Special - Solid Bungalow with Expansion Potential! Excellent opportunity for savvy investors or rehabbers! This all-brick 2-bedroom, 1-bathroom bungalow offers a solid foundation and endless possibilities for value-add improvements. Highlights: Spacious 42x15 open attic - perfect for additional living space or a master suite. Full walk-out basement - ideal for duplexing or recreation area. Located on a quiet, tree-lined street. Strong bones - ready for renovation and resale. Fantastic chance to build equity in a desirable neighborhood . Please Note: Cash buyers only Home is being sold as-is. Buyer is responsible for all Village requirements This is a rare find for investors looking for their next project. Act quickly-properties with this much upside don't last long!

Full Property Details

Full Property Details for 1531 Elmwood Ave

General

Sold For: $225,000
Taxes: $6,188 (2023)
Status: Closed
Type: Single Family
Source: MRED
MLS ID: 12317685
Added to Site: 302 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Bedrooms

Total Bedrooms: 2

Additional Information

Other Features: School Bus Service, Commuter Bus

Parking

Garage: Yes
Garage Spaces: 2
Total Spaces: 2
Parking Features: Garage Door Opener, On Site, Detached, Garage
Parking On-Site: Yes

Location

Area: Berwyn
County: Cook
Driving Directions: From Ridgeland Ave: Head north to 15th St, turn west to Elmwood Ave, then go south to the property with the sign.

School Information

School District: 98
Midd School District: 98

Community

Assoc. Fees Include: None

Heating & Cooling

Cooling Type: None
Heating Type: Natural Gas

Utilities

Water: Lake Michigan

Structural Information

Architectural Style: Bungalow
Construction: Brick
Exterior Const.: Brick
Basement Desc.: Partially Finished, Full
Roof: Asphalt
Square Feet: 1,028
Sq. Ft. Source: Appraiser
Year Built: 1924
Built Before 1978: Yes

Lot Features

Lot Size Range: Less than .25 Acre
Lot Dimensions: 30 x 125

Financial Considerations

Parking Included: Yes
Assessment Year: 1924
Tax Amount: $6,188.94
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Property ID: 16192310130000

Listed by Realty of America, LLC
Sold by @properties Christie's International Real Estate

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— 1531 Elmwood Ave —

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Schools

Schools serving 1531 Elmwood 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	0.1 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	1.2 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 1531 Elmwood Ave

Date

Details

Price

Change

Source

9/24/2025

Sold

$225,000

-5.42%

MLS

7/16/2025

Price Reduced

$237,900

-0.83%

MLS

6/10/2025

Price Reduced

$239,900

-2.87%

MLS

3/21/2025

Listed

$247,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Just Listed

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Multi-Family
Active
Updated 2 days ago

5
Total Beds

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Just Listed

$319,500

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Single Family
Active
Updated 2 hours ago

3
Beds
1
Total Bath
1,193
Sq. Ft.

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Just Listed

$265,000

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Single Family
Active
Updated 2 days ago

4
Beds
2
Total Baths
1,250
Sq. Ft.

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Just Listed

$27

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Commercial Lease
Active
Updated 2 hours ago

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Price Reduced

-$17,500 (-2.83%)

$600,000

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Multi-Family
Active
Updated 2 days ago

5
Total Beds

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Price Reduced

-$2,000 (-0.73%)

$272,900

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Single Family
Active
Updated 1 day ago

4
Beds
2
Total Baths
1,700
Sq. Ft.

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Price Reduced

-$10,000 (-3.23%)

$299,900

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Multi-Family
Active
Updated 2 hours ago

3
Total Beds

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Price Reduced

-$25,000 (-5.68%)

$414,900

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Single Family
Active
Updated 3 days ago

4
Beds
3
Total Baths
1,442
Sq. Ft.

1618 Scoville Ave, Berwyn, IL 60402 - Photo 1

Sold

$225,000

1618 Scoville Ave Berwyn, IL 60402

Single Family
Closed

3
Beds
1
Total Bath
660
Sq. Ft.

[Address not provided], Berwyn, IL 60402 - Photo 1

Sold

$235,000

[Address not provided] Berwyn, IL 60402

Single Family
Closed

3
Beds
2
Total Baths
1,522
Sq. Ft.

1223 S Elmwood Ave, Berwyn, IL 60402 - Photo 1

Sold

$250,000

1223 S Elmwood Ave #TWO Berwyn, IL 60402

Condo
Closed
Updated 12 days ago

4
Beds
2
Total Baths

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Sold

$215,000

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Single Family
Closed

3
Beds
1
Total Bath
1,220
Sq. Ft.

1531 Elmwood Avenue, Berwyn, IL 60402 (MLS# 12317685) is a Single Family property that was sold at $225,000 on September 24, 2025. Want to learn more about 1531 Elmwood Avenue? Do you have questions about finding other Single Family real estate for sale in Berwyn? You can browse all Berwyn real estate or contact a Coldwell Banker agent to request more information.

1531 Elmwood Ave Berwyn, IL 60402