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3401 Ridgeland Avenue Berwyn, IL 60402

$899,000
Active / MLS# 12447354 / Land - Residential / Berwyn
0 Beds

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.

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Estimated Payment

$ 3,168.99 per month $1,997.78 Principal & Interest $909.00 Property Tax $262.21 Homeowner's Insurance
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Property Details

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

Schools

School District: District 100

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

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Listing Office: Sperry Van Ness

Listing Office Phone: 312-676-1866



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