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.
Active
$899,000
3401 Ridgeland Ave, Berwyn, IL 60402
--beds
--baths
0.58Acres
Unimproved Land
Built in ----
0.58 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Outstanding visibility
- 163 days |
- 52 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: August 20, 2025 at 10:07pm
Listing courtesy of:
Angelo Labriola 708-307-7529,
Sperry Van Ness
Source: MRED as distributed by MLS GRID,MLS#: 12447354
Facts & features
Property
Features
- Frontage length: 206
Lot
- Size: 0.58 Acres
- Dimensions: 206 X123
Details
- Additional parcels included: 16321300100000,16321300110000,16321300120000,16321300130000,16321300140000,16321300150000
- Parcel number: 16321300090000
- Zoning: MULTI
- Special conditions: None
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Community & HOA
Location
- Region: Berwyn
Financial & listing details
- Tax assessed value: $39,590
- Annual tax amount: $10,908
- Date on market: 8/15/2025
- Ownership: Fee Simple
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,820/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Listed for sale | $899,000+1% |
Source: | ||
| 6/1/2025 | Listing removed | $890,000 |
Source: | ||
| 1/17/2025 | Listed for sale | $890,000-22.6% |
Source: | ||
| 12/4/2024 | Listing removed | $1,150,000+29.2% |
Source: | ||
| 8/19/2024 | Listed for sale | $890,000-19.1% |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $1,415 -40% | $3,959 -23.7% |
| 2022 | $2,358 +3.1% | $5,189 |
| 2021 | $2,287 +5.8% | $5,189 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 60402
Nearby schools
GreatSchools rating
- 7/10Pershing Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Freedom Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10J Sterling Morton West High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- District: 100
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




