Brick Duplex with
For Sale
$569,000
2531 Elmwood Avenue, Berwyn, IL 60402
Residential Income, Berwyn, IL
Property SizeContact for details
Days on Market66
Property Features for 2531 Elmwood Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
8
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 8, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 7, Bedroom 5, Basement, Bedroom 2, Bedroom 1, Bedroom 6
Parking
2
Parking features
Garage
Patio and Porch features
Porch
Basement
Full, Finished
Elementary school
Hiawatha Elementary School
Middle school
Freedom Middle School
High school
J Sterling Morton West High Scho
Elementary school district
100
Middle school district
100
High school district
201
Directions
Ridgeland to 25th Street, West to Elmwood, South to property
Subdivision
Berwyn
Standard status
Active
APN
16302310400000
Additional Details
Tenant in Place
Yes
Individually Metered Utilities
heat, hot water, electric, gas
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
11023
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Amenities
in-unit laundry
rear porch
Building Details
Year built
1923
Building materials
Brick
Buildings
1
Listing Agency:
North Clybourn Group, Inc.
Listed By:
Wilfredo Aguilar Jr
(773) 252-0600
Added: Aug 22
Changed: Oct 23
Last Checked: Oct 26 at 2:06AM
MLS# 12740202
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This brick two-flat, built in 1923, has two residences, each with a living room, dining room, three bedrooms, one full bathroom, and in-unit laundry. Interior living areas have been updated, the basement is finished, and the rear porch and roof have been replaced. A two-car garage is included.
A first-floor tenant is in place. Separate mechanical systems serve the units, with tenants responsible for heat, hot water, electricity, and gas. The property is zoned MULTI.
A first-floor tenant is in place. Separate mechanical systems serve the units, with tenants responsible for heat, hot water, electricity, and gas. The property is zoned MULTI.
Key Highlights
- Two residences, each with three bedrooms and one full bathroom
- Living room, dining room, and in‑unit laundry in each unit
- Finished basement and updated living areas
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,550
Businesses Nearby
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Business Placement
Demographics for 60402, IL
64,706
Population
25,111
Households
2.6
Avg Household Size
37
Median Age
25%
College-Educated
85%
High-School Grad
5.7 sq mi
ZIP Area
11,352
Density / Sq Mi
$73,993
Median Household Income
$42,802
Median Earnings
$1,168
Median Rent
$277,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences feature three bedrooms, in-unit laundry, and separate mechanical systems.
Where is this duplex located?
The property is located at 2531 Elmwood Avenue Berwyn, IL.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Two residences, each with three bedrooms and one full bathroom; Living room, dining room, and in‑unit laundry in each unit; Finished basement and updated living areas
