2531 Elmwood Avenue

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Address: 2531 Elmwood Ave, Berwyn, IL 60402, USA
Chicago & Midwest + Apartment Buildings
Created date: August 27, 2026
Date last updated: September 22, 2026
Price: $555,000Investment Analyzer NEW!

Property Description

Multiple Offers Received, calling for highest and best 8/31/2026 @ 3 pm Beautiful Multi Unit ready for the next steward! Imagine for yourself a two flat that you can move into with nothing to do. The roof was just replaced, the rear porch , the basement has been finished, and the living spaces are already updated. In fact we have a tenant already in place on the first floor for $2425 per month. Each unit offers a formal living room, dining room, 3 spacious bedrooms and one full bath. The mechanicals are also separated out and so each tenant pays for heat, hot water, electric and gas. There is an opportunity for even more rent should you decide to duplex the already finished basement into the first floor for twice the square footage! There is a two car garage and so much more, and so set up your viewing today. The second floor tenant has a lease expiring 11/30/2026

Key Property Information

Listing Status: Under Contract
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $555,000
Year Built: 1923
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 8
Number of Bathrooms: 2
Address: 2531 Elmwood Avenue, Berwyn, IL 60402, USA
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Step 4Final Deal Analysis

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