3838 RIDGELAND Ave, Berwyn, IL 60402
- Beds
- 7
- Baths
- 3
- Garage
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
HIGHEST AND BEST DUE BY MONDAY 6/15 AT NOON. Income producing 2-flat in prime South Berwyn location with consistent rental demand and long-term upside. This well maintained, turn key asset has been strategically improved to reduce future maintenance costs and enhance durability, making it an ideal addition to any investor portfolio. Recent capital improvements include garage epoxy flooring, new front and side concrete, and electrical upgrades completed in 2022. In 2023, a new sump pump was installed to improve system reliability. In 2024, additional value add enhancements were completed including new rear concrete for low-maintenance operations, installation of an EV charging station, a reinforced privacy fence with steel posts for long-term durability, and fully paid off solar panels with no lease attached to improve energy efficiency and reduce operating expenses. Property features include separate utilities for each unit, roof approximately 6 years old, second-floor furnace (5years old), and updated windows (2012). Each unit offers 3 bedrooms, 1 bath, spacious living areas, and large bedrooms with generous closet space. Finished basement provides additional owner-use flexibility and includes a bathroom. Two car brick garage completes this solid, cash flowing asset in a strong rental corridor.
Location
Full feature list
Basic info
- Property type
- Other residential
- Number of bedrooms
- 7
- Number of bathrooms
- 3
- Lot size (acres)
- 0.09
- Year built
- 1966
Garage and parking
- Garage parking spaces
- 2
Utilities
- Heating
- Forced Air, Natural Gas
- Sewer
- Public Sewer
- Water
- Other
Taxes
- Tax Annual Amount (2024)
- $9,622.40
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12653600 Last checked: …

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.