3401 Ridgeland Ave - Residential LAND FOR SALE


Berwyn, IL 60402- West Cook25,387 SF
$899,000 USD
630-640-1001
3401 Ridgeland Ave, Berwyn, IL for Sale
$899,000 USD
Residential LAND - FOR SALE
1/5
25,387 SF

3401 Ridgeland Ave
Berwyn, IL 60402
West Cook


HIGHLIGHTS

  • Located Just Off of Ogden Avenue (Rt. 66)
  • Previous Plans Called for 3 Buildings | 36 Total Units
  • Large Rectangle Site (25,388 SF) with Alley Access
  • Short Distance to Medical, Retail, Schools, Etc.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/ACRE

$1,542,478/AC

PRICE/SF

$35 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.58 AC

LAND SF

25,388 SF

OFFSITE IMPROVEMENTS

-

ZONING

R-3

APN/PARCEL ID

16-32-130-009-0000,16-32-130-015-0000

ASK ABOUT THIS PROPERTY

Paul CawthonSVN | Chicago CommercialMore Info
630-640-1001

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Paul CawthonSVN | Chicago CommercialMore Info
630-640-1001

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.