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Pending
  • Price cut: $2K (7/16)
    $237,900

    1531 Elmwood Ave, Berwyn, IL 60402

    2beds
    1,028sqft
    : 
    Single Family Residence
    Built in 1924
    3,750 Square Feet Lot
    $233,900 Zestimate®
    $231/sqft
    $-- HOA

    What's special

    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!
    143 days
    on Zillow
    |
    721
    |
    47
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 31, 2025 at 02:21pm

    Listing courtesy of:

    Lorena Mejia 708-788-1900,

    Realty of America, LLC,

    Sonia Briseno 312-834-6577,

    Realty of America, LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12317685MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: No additional rooms
    Primary bedroom
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12X10
    Bedroom 2
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11X10
    Dining room
    • Level: Main
    • Area: 160 Square Feet
    • Dimensions: 16X10
    Family room
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 15X08
    Kitchen
    • Features: Flooring (Ceramic Tile)
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 13X11
    Living room
    • Level: Main
    • Area: 192 Square Feet
    • Dimensions: 16X12
    Heating
    • Natural Gas
    Cooling
    • None
    Appliances
    • Laundry: Gas Dryer Hookup
    Features
    • Basement: Partially Finished,Full
    • Attic: Unfinished
    Interior area
    • Total structure area: 0
    • Total interior livable area: 1,028 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener, On Site, Detached, Garage
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 1.5
    Lot
    • Size: 3,750 Square Feet
    • Dimensions: 30X125
    Details
    • Parcel number: 16192310130000
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    HOA
    • Services included: None
    Location
    • Region: Berwyn

    Financial & listing details

    • Price per square foot: $231/sqft
    • Tax assessed value: $229,990
    • Annual tax amount: $6,188
    • Date on market: 3/22/2025
    • Ownership: Fee Simple
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