Prime Development Opportunity in Berwyn, IL - Zoned Commercial with Residential PotentialAn exceptional opportunity awaits in the heart of Berwyn, IL. This offering includes two adjacent lots, totaling 62x125 feet, zoned for commercial use, but with the potential to build two residential properties under 2-3 zoning. Located in a thriving and highly accessible area, this property is perfect for developers, investors, or entrepreneurs looking to maximize commercial potential or create residential spaces. With its strategic location near major thoroughfares, public transportation, and local amenities, this site offers great visibility and convenience, whether you envision retail, office spaces, or modern residential units. Two separate pins. Lots to be sold together.
Active
Price cut: $11K (11/18)
$194,000
7032 Pershing Rd, Berwyn, IL 60402
--beds
--baths
3,049.2Square Feet
Unimproved Land
Built in ----
3,049.2 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Zoned for commercial use
- 74 days |
- 133 |
- 4 |
Zillow last checked: 8 hours ago
Listing updated: November 23, 2025 at 10:07pm
Listing courtesy of:
Cesar Sandoval 708-417-4983,
PAK Home Realty
Source: MRED as distributed by MLS GRID,MLS#: 12173321
Facts & features
Property
Features
- Frontage length: 65
Lot
- Size: 3,049.2 Square Feet
- Dimensions: 62X125
Details
- Additional parcels included: 16313260380000
- Parcel number: 16313260370000
- Zoning: COMMR
- Special conditions: None
Utilities & green energy
- Utilities for property: Natural Gas Available, Water Available
Community & HOA
Location
- Region: Berwyn
Financial & listing details
- Tax assessed value: $357,110
- Annual tax amount: $20,779
- Date on market: 10/11/2025
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Price change | $194,000-5.4% |
Source:  MRED as distributed by MLS GRID #12173321 Report a problem | ||
| 10/11/2025 | Listed for sale | $205,000-2.4% |
Source: MRED as distributed by MLS GRID #12173321 Report a problem | ||
| 9/19/2025 | Listing removed | $210,000 |
Source: MRED as distributed by MLS GRID #12173321 Report a problem | ||
| 9/25/2024 | Listed for sale | $210,000-12.1% |
Source: MRED as distributed by MLS GRID #12173321 Report a problem | ||
| 12/6/2019 | Listing removed | $239,000 |
Source: America Real Estate #10087093 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $12,766 -5.6% | $35,711 +19.9% |
| 2022 | $13,530 +3.1% | $29,775 |
| 2021 | $13,126 +33.8% | $29,775 +26.4% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 60402
Nearby schools
GreatSchools rating
- 8/10Irving Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 8/10Heritage Middle SchoolGrades: 6-8Distance: 1 mi
- 4/10J Sterling Morton West High SchoolGrades: 9-12Distance: 1.7 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.
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