$462,500

beds

baths

1514 East Avenue

Berwyn, Illinois 60402

Closed / MLS #12289003 / Multiple Unit (2-4) / Berwyn

Listing information updated 4/3/2025 at 6:05am

Don't miss this amazing chance to own a well-kept 3-unit property with great rental income potential! Two of the units are already rented, and one is vacant-perfect for someone looking to move in and take advantage of FHA financing! The occupied units include a 3-bedroom, 1-bath unit and a cozy 1-bedroom, 1-bath basement unit, both rented below market value, giving you the opportunity to earn more in the future. The vacant 2-bedroom, 1-bath unit has been updated with new recessed lighting and stylish light fixtures, making it even more appealing whether you choose to move in or rent it out at market value for extra income! Whether you're looking for a home with rental income or looking to add to your portfolio, this property is a must-see!

Full Features

Exterior Type:

Vinyl Siding,Brick

Basement:

Finished,Full

Beds Above Grade:

Heating System:

Natural Gas

Pool:

Age:

61-70 Years

Parking Type:

Garage - On Site,Detached,Garage

Parking Spaces:

Garage:

Detached

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

Less Than .25 Acre

Taxes & Assessments

Tax Amount:

$9,746

Tax Year:

2023

Location

Zip Code:

60402

City:

Berwyn

County:

Cook

Schools

School District(s):

100, 201

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Full Features Taxes & Assessments Location Schools

Exterior Type:

Vinyl Siding,Brick

Basement:

Finished,Full

Beds Above Grade:

Heating System:

Natural Gas

Pool:

Age:

61-70 Years

Parking Type:

Garage - On Site,Detached,Garage

Parking Spaces:

Garage:

Detached

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

Less Than .25 Acre

Listing Office: Realty of America, LLC

Listing Office Phone: 708.788.1900

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 4/3/2025 at 6:05am. 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.

Neighborhood Public Transit Market Trends

Berwyn, IL

The City of Berwyn practically wrote the book on Chicago-style bungalows. The suburb is known as the “city of homes” for its significant collection of Chicago-style bungalows, widely considered the largest in the nation. The city enacted strict building codes in the early 1900s, which resulted i...

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1514 East Avenue is a multiple unit (2-4) which sold for $462,500. 1514 East Avenue features 6 Beds, 3 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since February 12th, 2025 and was built in 1963. The nearest transit stops include Oak Park CTA Blue line.