3401 Ridgeland Avenue, Berwyn, IL

$899,000

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0.58

Acres

About 3401 Ridgeland Avenue

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.

Features of 3401 Ridgeland Avenue

MLS® # 12447354
Price $899,000
Bathrooms 0.00
Acres 0.58
Type Land
Sub-Type Land
Status Active

Community Information

Address 3401 Ridgeland Avenue
Area Berwyn
City Berwyn
County Cook
State IL
Zip Code 60402

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

School Information

District 100

Additional Information

Days on Market 62
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSperry Van Ness
Contact Infoangela.corvo@svn.com

Listing Map

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