3401 Ridgeland Avenue Berwyn, IL $ 899,000
3401 Ridgeland Avenue
$ 899,000
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3401 Ridgeland Avenue

Berwyn, IL, 60402
$ 899,000
Baths0.0

Monthly Estimate*

$ 5,609

3401 Ridgeland Avenue, Berwyn, IL 60402 - Image 1
3401 Ridgeland Avenue, Berwyn, IL 60402 - Image 2
3401 Ridgeland Avenue, Berwyn, IL 60402 - Image 3
3401 Ridgeland Avenue, Berwyn, IL 60402 - Image 4
Studio

Lots and Land for sale in Berwyn, IL

for $899,000. The lot size is 0.58.

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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Lots and Land Active

Price

$ 899,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 10,908

Style

Lot Size

0.58

Town/City

Berwyn

County/Region

Cook

MLS | Web ID

12447354

Features
General
Utilities Electricity Available Natural Gas Available Sewer Connected Water Available
Possession Closing
Zoning MULTI
Township Berwyn
Tax Year 2023
Ownership Fee Simple
Additional Parcels Description 16321300100000 16321300110000 16321300120000 16321300130000 16321300140000 16321300150000
County Cook
Property Type Land Land
Possible Use Multi-Family
Status Active
Directions Ridgeland Ave & Ogden Ave (Rt 66). South on Ridgeland to 3405 on the East side of the Street
City Berwyn
High School District 100
MLS Area Berwyn
Tax Annual Amount 10908.47
Additional Parcels Y/N Y
Standard Status Active
Middle/Junior School District 100
Elementary School District 100
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Exterior
Total Parking 0
Lot Dimensions 206 X123
Lot Size Acres 0.58
Road Surface Type Asphalt
Frontage Length 206
Frontage Type City Street
Waterfront Y/N N
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Interior
Total Baths 0
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* Excluded Features
List By
Sperry Van Ness

Broker

angelo.labriola@svn.com

Email

Affordability Calculator

$6,518
Per Month
86%
14%
0%
Monthly Principal & Interest
$5,609
Monthly Property Taxes
$909
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
568121 Elementary School
564789 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/15/2025$899,000 Listed Price

Map


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3401 Ridgeland Avenue, Berwyn, IL, 60402 is a Lots and Land for sale at $899,000 with a lot size of 0.58. 3401 Ridgeland Avenue is a studio with 0.0 baths. The property's zip code is 60402 which is in Berwyn, IL