2XXX Ridgeland Ave, Berwyn, IL 60402
$239,000
Basics
- Bedrooms: 2
- Bathrooms: 2
- Area: 1580 sq ft
Description
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Description: Unique brick single-family opportunity in Berwyn with strong rental, Airbnb, and resale potential. Former post office conversion with character and value-add upside.
Property Details
- 2 Bedrooms / 2 Bathrooms
- Brick Single-Family Home
- 1,580 Sq Ft
- Unfinished Basement
- 2-Car Garage
- Delivered Vacant at Closing
Condition
- Originally a historic post office converted into a residential home.
- Property features solid brick construction with thick masonry walls and a unique layout not commonly found in the area.
- Major updates already completed:
- Roof replaced approximately 7–8 years ago
- Furnace replaced approximately 6 years ago
- Central A/C replaced approximately 6 years ago
- Primarily a cosmetic rehab opportunity with lower expected holding and renovation costs due to the smaller footprint.
Financial Snapshot
- Asking Price: $239,000
- Estimated ARV: ~$325,000
- Estimated Rent: ~$2,700–$3,000/month
Investment Potential
Strong fit for:
- Long-term rental portfolio
- Airbnb or furnished rental strategy
- Affordable owner-occupant resale
- Low-maintenance retirement housing
Character properties in Berwyn continue to attract strong buyer and tenant demand. Convenient access to Chicago, major expressways, Metra, and public transportation supports long-term rental and resale appeal.
Contact
For all inquiries, showing requests, or additional information, please call 1-888-775-4570 or email sales@sharpedgeproperty.com.
Location
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