O'Neil Property Group

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$569,000
74 Days On Site

2531 Elmwood Avenue
Berwyn, IL 60402

Multi Family|Pending
8
Beds
2
Total Baths
1923
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of North Clybourn Group, Inc.
2531 Elmwood Avenue2531 Elmwood Avenue2531 Elmwood Avenue2531 Elmwood Avenue
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BACK ON THE MARKET-YOUR SECOND CHANCE STARTS HERE! With village inspections passed and Unit 2 ready for immediate owner occupancy, this beautifully updated two-flat delivers space, income, and opportunity. Move upstairs and enjoy an existing first-floor tenant paying $2,425 per month! Each residence features a formal living room, separate dining room, three spacious bedrooms, one full bath, and in-unit laundry. Updated interiors, a newly replaced roof, and a newer rear porch make this a compelling move-in-ready opportunity. Separate mechanicals and tenant-paid heat, hot water, gas, and electricity simplify ownership. Looking for additional upside? The already-finished basement offers potential to create an expansive first-floor duplex and pursue higher rental income, subject to municipal approval. A two-car garage rounds out the package. Live comfortably. Collect income. Build your next chapter. Schedule your private showing today!

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Listing Snapshot
PriceΒ 
$569,000
Days On SiteΒ 
74 Days
BedroomsΒ 
8
Inside Area (SqFt)Β 
N/A
Total BathsΒ 
2
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
N/A
Year BuiltΒ 
1923
MLS NumberΒ 
12740202
StatusΒ 
Pending
Property TaxΒ 
$11,023
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS
6 days agoStatus changed to Pending
2 weeks agoPrice changed to $569,000
2 months agoListing first seen on site
General Features
GarageΒ 
Yes
Garage SpacesΒ 
2
ParkingΒ 
DetachedGarage
Parking SpacesΒ 
2
Property Sub TypeΒ 
Multi Family
SewerΒ 
Public Sewer
StyleΒ 
Other
ZoningΒ 
MULTI
Interior Features
BasementΒ 
FinishedFull
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Exterior Features
Construction DetailsΒ 
Brick
Patio And PorchΒ 
Porch
Community Features
Community FeaturesΒ 
ParkSidewalksStreet Lights
MLS AreaΒ 
Berwyn
School DistrictΒ 
J Sterling Morton West High Scho
TownshipΒ 
Berwyn
Schools
School District
J Sterling Morton West High Scho
Elementary School
Hiawatha Elementary School
Middle School
Freedom Middle School
High School
J Sterling Morton West High Scho
Listing Courtesy of MRED as distributed by MLS Grid of North Clybourn Group, Inc.



Based on information submitted to the MLS GRID as of 2026-11-05 09:17 AM UTC. 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.
Last checked: 2026-11-05 09:17 AM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

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