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$500,000
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Property Description
Discover this beautifully maintained classic brick multiunit building in the heart of Berwyn-rich with character, charm, and strong income producing potential for the savvy investor. Featuring timeless architectural details, including original stained glass windows and hardwood floors, this property offers both durability and historic appeal. The first and second-floor units are currently rented and feature an ideal, spacious layout with three bedrooms, a separate kitchen and dining room, and a large, bright living room. These units provide excellent rental stability and long-term tenant desirability. The vacant garden unit is a standout, offering a massive living room, an oversized bedrooms, and direct interior access to the laundry room, making it perfect for an owner-occupant or for securing a new tenant immediately. A two-car garage adds additional value and rental income potential. Located in a prime Berwyn location, you're close to shopping, dining, public transportation, parks, and schools. Whether you're expanding your portfolio or looking for a property with strong upside, this building checks all the boxes. Solid brick construction, excellent layout, great location, and priced to sell. Don't miss this opportunity! Sold AS-IS. Please be courteous and DO NOT Disturb the tenants. Only the garden unit is available to view. The other units will be provide access on later date. See Broker remarks.
Full Property Details
Full Property Details for 1632 Ridgeland Ave
General
- Sold For: $500,000
- Taxes: $8,814 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12595620
- Added to Site: 115 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 7
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: Berwyn
- County: Cook
- Driving Directions: 16th Street to Ridgeland Ave- South to property
School Information
- School District: 100
- Midd School District: 100
Heating & Cooling
- Heating Type: Radiator(s)
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Year Built: 1932
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3660
Financial Considerations
- Assessment Year: 1932
- Tax Amount: $8,814
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16194070220000
Listed by Dolejs Realty & Management
Sold by Realty of America, LLC
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Schools
Schools serving 1632 Ridgeland 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 | 0.2 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1632 Ridgeland Ave
Date
Details
Price
Change
Source
6/03/2026
Sold
$500,000
3.09%
MLS
3/20/2026
Listed
$485,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1632 Ridgeland Avenue, Berwyn, IL 60402 (MLS# 12595620) is a Multi-Family property that was sold at $500,000 on June 03, 2026. Want to learn more about 1632 Ridgeland 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.

