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$569,000
76 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
Price 
$569,000
Days On Site 
76 Days
Bedrooms 
8
Inside Area (SqFt) 
N/A
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1923
MLS Number 
12740202
Status 
Pending
Property Tax 
$11,023
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS
a week agoStatus changed to Pending
2 weeks agoPrice changed to $569,000
3 months agoListing first seen on site
General Features
Garage 
Yes
Garage Spaces 
2
Parking 
DetachedGarage
Parking Spaces 
2
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Style 
Other
Zoning 
MULTI
Interior Features
Basement 
FinishedFull
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Exterior Features
Construction Details 
Brick
Patio And Porch 
Porch
Community Features
Community Features 
ParkSidewalksStreet Lights
MLS Area 
Berwyn
School District 
J Sterling Morton West High Scho
Township 
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 2026-11-07 02:28 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: 2026-11-07 02:28 AM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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