3838 RIDGELAND Avenue — Berwyn, IL 60402
Active
Berwyn, IL 60402

3838 RIDGELAND Avenue

$520,000
7 beds · 3 baths
Listed at $520,000 25 days on market $9,622/yr taxes
01About this home

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.

02Inside the home
03By the numbers
$520,000
List price
Square feet
7
Bedrooms
3
Bathrooms
1966
Year built
Lot size
2
Garage spaces
$9,622
Annual taxes
Two to Four Units
Style
25
Days on market
04Features
Heating
Natural GasForced Air
Parking
EV ReadyGarage OwnedDetachedGarage
Construction
Brick
Sewer
Public Sewer
05Neighborhood
  • Crabby's Pub 550 ft
  • El Papi Pollo 0.3 mi
  • Novi's Beef 0.6 mi
  • Little Caesars 0.7 mi
  • Paisans Pizzeria & Bar 0.7 mi
  • The Slice Factory 0.7 mi
  • Circle K 0.6 mi
  • BP Shop 0.6 mi
  • Arco 0.7 mi
  • Mobil Mart 0.7 mi
  • 7-Eleven 0.7 mi
  • Mobil Mart 0.8 mi
  • Freedom Park 0.2 mi
  • Rench Park 0.3 mi
  • Kolar Park 0.5 mi
  • Smirz Park 0.6 mi
  • Haley Park 0.6 mi
  • O'Reilly Park 0.7 mi
  • Mission House Cafe 0.8 mi
  • Dunkin' 0.8 mi
  • Tastee Corner Cafe 1.0 mi
  • Starbucks 1.0 mi
  • Revive Club & Cafe 1.1 mi
  • Dunkin' 1.2 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

May 21, 2026
Listed for saleThis listing
Cloud Gate Realty LLC
$520,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

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08See it for yourself

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09Similar homes
Listed by Cloud Gate Realty LLC · Victor Naranjo · 708-830-4734
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12653600
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