LOT SIZE 0.580 acres
MLS#12447354
STATUSActive
PROPERTY TYPELand - Residential
SCHOOLDistrict 100
Property Description
Prime development opportunity in Berwyn-3401 Ridgeland Avenue is a 25,388 SF site located just south of Ogden Avenue (Historic Route 66) in a highly accessible and amenity-rich area. The property offers outstanding visibility and connectivity, with curb cuts along Ridgeland and alley access on both the north and east sides, enhancing site functionality for parking and circulation. The parcel was previously approved for a 36-unit residential development, which included three 3-story buildings with 12 units each. While the original plans and permits have since expired, the framework presents a strong starting point for redevelopment. The prior design featured a balanced unit mix of eighteen 2 bed/2 bath and eighteen 2 bed/1 bath residences, all with in-unit laundry and generous layouts of approximately 1,000 SF per unit. Each building was planned to be approximately 11,525 SF, with 36 on-site parking spaces included. Developers can opt to resubmit the previously approved plans to the City of Berwyn or design a new vision tailored to current market demand. With its proximity to Ogden Avenue, public transportation, schools, medical facilities, and shopping, this site presents a rare infill opportunity in a growing suburban market with strong rental and ownership demand.
Property Features
Property Type: Land - Residential
Lot Size: 0.58 Acres
Taxes: $10,908
Feature Descriptions
Frontage: 206
Frontage Type: City Street
Lot Dimensions: 206 X123
Parcel#: 16321300090000
Possible Use: Multi-Family
Road Surface: Asphalt
Township: Berwyn
Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Local Schools
School District: District 100
Listed By / Shown By
Listed By
Agency Name: Sperry Van Ness
Agency Phone: 312-676-1866
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 3,171.99 per month $2,000.78 Principal & Interest $909.00 Property Tax $262.21 Homeowner's InsuranceChange Payment Information
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3401 Ridgeland Avenue | MLS# 12447354
This land located at 3401 Ridgeland Avenue, Berwyn, IL 60402 is currently listed for sale with an asking price of $899,000. The property has approximately 0.58 Acres. Ridgeland Avenue is located within the District 100 school district. Search Berwyn real estate on www.bhhscrosby.com today.