NOT LISTED FOR SALE

1340 Ridgeland Ave Berwyn, IL 60402

Estimated Value: $364,000 - $416,000

1 Bed
1.5 Baths
1,603 Sq Ft
$241/Sq Ft Est. Value

Last Sold November 18, 2024

Last sale price $382,500 $239 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,854/month

2 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Heated Enclosed Porch
  • Vaulted Ceiling
  • Granite Countertops
  • Home Office

About This Home

As of November 2024

Stunning Chicago Bungalow Renovation! This exceptional property has undergone a remarkable transformation, setting it apart as truly unique. This bungalow has been revitalized, adding a spacious primary suite, completely opening up the first floor, and finishing the basement, all while preserving the true beauty of the original home. Once you step inside this house, you'll feel as though you've been transported to a stylish downtown Chicago loft. The renovation resulted in an the expansive open living and dining area. A cozy nook provides a perfect family gathering spot, conveniently located across from an elegant powder room with updates from West Elm. The enormous kitchen boasts custom Amish cabinetry, granite countertops, double oven, and a generous island-ideal for both cooking and entertaining. An enclosed porch adds even more versatility, perfect for additional seating, office, or reading nook. On the second floor, discover a serene primary loft suite complete with a full bathroom, a workout area, a tandem room currently serving as an office (or can be used as a nursery), and a spacious walk-in closet. The finished basement features two nice-sized bedrooms and ample storage. The basement is rough plumbed for a full bathroom, ready for fixtures, flooring and wall installation. All completed with village approval in 2007. The extensive renovations, completed between 2004 and 2005, included updates to electrical systems, plumbing, ductwork, kitchen, bathrooms, and more. Approximately half of the windows have been replaced with high-quality custom Anderson windows. Enjoy the convenience of a newer refrigerator, washer/dryer, new ac/furnace, new water heater and upgraded water service for excellent pressure. Freshly painted throughout. West Elm light fixtures and vanities throughout. Explore the lively Berwyn neighborhood, with a variety of restaurants and lively bars along Roosevelt just a short stroll away and short drive to downtown Oak Park. Easy access to the expressway and the Blue line train, truly making this location ideal. Don't miss out on this unique opportunity! *The property does not currently reflect a homeowners exemption, but the sellers have applied for one.

Last Agent to Sell the Property

Lydia Gunderson

Real People Realty License #475183856 Listed on: 10/04/2024

Real People Realty

Last Buyer's Agent

Rafael Rivera

Gil & Gil Group Corp. License #475153901

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,499

Year Built

  • Built in 1925

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25 x 125

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Bungalow
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,603 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Heated Enclosed Porch
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Slate Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 3 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • J Sterling Morton West High Scho

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,499

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Built-In Oven, Down Draft, Gas Cooktop, Wall Oven
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Beamed Ceilings, Open Floorplan, Granite Counters
  • LivingArea: 1603
  • Room Type: Office, Enclosed Porch Heated
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 2
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 344000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: J Sterling Morton West High Scho
  • Middle/Junior School District: 98

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7499
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Nov 15, 2024
Sold by
Rogers Lydia Rosa and Hoeper Brett Joseph
Bought by
Sanchez Maria D Diaz and Picon Elizabeth
Seller's Agent
Lydia Gunderson
Real People Realty
Buyer's Agent
Rafael Rivera
Gil & Gil Group Corp.
List Price
$344,000
Sold Price
$382,500
Premium/Discount to List
$38,500
11.19%
Views
24
Current Estimated Value
$387,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,692
Avg. Annual Appreciation
-1.70%
Original Mortgage
$344,250
Outstanding Balance
$342,701
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$35,113

Purchase Details

Listed on
May 19, 2021
Closed on
Jul 1, 2021
Sold by
Hannah Michael R and Hannah Glennette Roberson
Bought by
Hoeper Brett Joseph and Rogers Lydia Rosa
Seller's Agent
Mary Carlin
Baird & Warner
Buyer's Agent
Lydia Gunderson
Real People Realty
Sold Price
$340,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%
Original Mortgage
$323,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2003
Sold by
Banos Sergio L and Valdes Claudia A
Bought by
Hannah Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,295
Interest Rate
6.06%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 28, 2000
Sold by
Wolkowicz Chester M and Wolkowicz Theresa
Bought by
Banos Sergio L and Valdes Claudia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
8.24%

Purchase Details

Closed on
Apr 12, 1994
Sold by
The First National Bank Of Des Plaines
Bought by
Wolkowicz Chester M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
7.84%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sanchez Maria D Diaz $382,500 Old Republic National Title
Hoeper Brett Joseph $340,000 Chicago Title Insurance Co
Hannah Michael R $165,000 --
Banos Sergio L $130,000 --
Wolkowicz Chester M $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Maria D Diaz $344,250
Previous Owner Hoeper Brett Joseph $323,000
Previous Owner Hannah Michael R $207,700
Previous Owner Hannah Michael R $199,225
Previous Owner Hannah Michael R $200,000
Previous Owner Hannah Michael R $173,500
Previous Owner Hannah Michael R $27,757
Previous Owner Hannah Michael R $44,195
Previous Owner Hannah Michael R $44,000
Previous Owner Hannah Michael R $208,000
Previous Owner Hannah Michael R $31,000
Previous Owner Hannah Michael R $35,000
Previous Owner Hannah Michael R $219,600
Previous Owner Hannah Michael R $12,200
Previous Owner Hannah Michael R $35,000
Previous Owner Hannah Michael R $157,561
Previous Owner Hannah Michael R $155,295
Previous Owner Banos Sergio L $103,000
Previous Owner Banos Sergio L $104,000
Previous Owner Wolkowicz Chester M $99,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Sold $382,500 +11.2% $239 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $344,000 +1.2% $215 / Sq Ft
07/02/2021 07/02/21 Sold $340,000 +4.6% $212 / Sq Ft
05/23/2021 05/23/21 For Sale -- -- --
05/21/2021 05/21/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $325,000 -- $203 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,803 $26,450 $3,431 $23,019
2023 $7,499 $28,000 $3,431 $24,569
2022 $7,499 $18,714 $2,974 $15,740
2021 $5,871 $18,712 $2,973 $15,739
2020 $5,802 $18,712 $2,973 $15,739
2019 $6,103 $18,226 $2,668 $15,558
2018 $5,860 $18,226 $2,668 $15,558
2017 $5,702 $18,226 $2,668 $15,558
2016 $4,828 $13,911 $2,211 $11,700
2015 $4,685 $13,911 $2,211 $11,700
2014 $4,576 $13,911 $2,211 $11,700
2013 $4,562 $15,348 $2,211 $13,137
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12177183

Midwest Real Estate Data (MRED)

APN: 16-19-215-040-0000