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$247,000

Listing Price

2beds

1baths

1,028sqft

3,660sqft lot

1531 Elmwood Ave, Berwyn, IL 60402

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

228.23

Price / sqft

1925

Year built

Home Details

Investor Special - Solid Bungalow with Expansion Potential! Excellent opportunity for savvy investors or rehabbers! This all-brick 2-bedroom, 1-bathroom bungalow offers a solid foundation and endless possibilities for value-add improvements. Highlights: Spacious 42x15 open attic - perfect for additional living space or a master suite. Full walk-out basement - ideal for duplexing or recreation area. Located on a quiet, tree-lined street. Strong bones - ready for renovation and resale. Fantastic chance to build equity in a desirable neighborhood . Please Note: Cash buyers only Home is being sold as-is. Buyer is responsible for all Village requirements This is a rare find for investors looking for their next project. Act quickly-properties with this much upside don't last long!

Interior Details

Square Feet
  • 1028

Bedrooms
  • 2

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Hot Water

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Unfinished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 3660

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Detached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Bungalow

Exterior
  • Brick/stone (brick And/or Stone)

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2018

$4,502

$3,202

$11,598

--%

$14,800

2017

$4,386

$3,202

$11,598

--%

$14,800

2016

$3,796

$2,653

$8,820

--%

$11,473

2015

$3,673

$2,653

$8,820

--%

$11,473

2014

$4,011

$2,653

$9,857

--%

$12,510

2012

$3,642

$2,653

$10,643

--%

$13,296

2011

$3,810

$2,653

$10,643

--%

$13,296

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Average Home Price in 60402

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$330,850

3 Beds

1 Baths

920 Sqft

3,780 Lot (sqft)

Sold 09/23/2026

$436,558

3 Beds

1 Baths

1,004 Sqft

3,780 Lot (sqft)

Sold 08/28/2026

$261,446

3 Beds

1 Baths

1,000 Sqft

4,536 Lot (sqft)

Sold 08/25/2026

$181,288

2 Beds

1 Baths

960 Sqft

4,064 Lot (sqft)

Sold 08/14/2026

$316,721

3 Beds

2 Baths

1,134 Sqft

3,150 Lot (sqft)

Sold 08/12/2026

$284,942

3 Beds

1 Baths

1,180 Sqft

4,284 Lot (sqft)

Sold 07/07/2026

$255,315

3 Beds

1 Baths

1,176 Sqft

4,158 Lot (sqft)

Sold 06/24/2026

$216,416

3 Beds

1 Baths

990 Sqft

3,570 Lot (sqft)

Sold 06/22/2026

$264,587

3 Beds

1 Baths

1,155 Sqft

6,048 Lot (sqft)

Sold 06/16/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
247,000
$
Down payment
49,400
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,482
$
HOA (Monthly)
0
$
PMI
0
$
$1,599
Your Payment
Total Monthly Payment:$1,599
Percent of Income:27%
Affordable:Yes

Details for 1531 ELMWOOD AVE

Property Debt

Foreclosure Contact Details