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  • $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
    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.
    163 days
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    52
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    1
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    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#: 12447354MLS Logo

    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
    DateEventPrice
    8/15/2025Listed for sale$899,000+1%
    Source: MRED as distributed by MLS GRID #12447354 Report a problem
    6/1/2025Listing removed$890,000
    Source: MRED as distributed by MLS GRID #12273073 Report a problem
    1/17/2025Listed for sale$890,000-22.6%
    Source: MRED as distributed by MLS GRID #12273073 Report a problem
    12/4/2024Listing removed$1,150,000+29.2%
    Source: MRED as distributed by MLS GRID #12136345 Report a problem
    8/19/2024Listed for sale$890,000-19.1%
    Source: MRED as distributed by MLS GRID #12136345 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 60402

    Nearby schools

    GreatSchools rating
    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.

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