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!
Pending
Price cut: $2K (7/16)
$237,900
1531 Elmwood Ave, Berwyn, IL 60402
2beds
1,028sqft
Est.:
Single Family Residence
Built in 1924
3,750 Square Feet Lot
$233,900 Zestimate®
$231/sqft
$-- HOA
What's special
- 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#: 12317685

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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