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$899,000
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Property Description
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.
Full Property Details
Full Property Details for 3401 Ridgeland Ave
General
- Price: $899,000
- Taxes: $10,908 (2023)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12447354
- Updated: 8/21/2025
- Added to Site: 156 day(s) ago
Additional Information
- Other Features: Commuter Train, Interstate Access
Location
- Area: Berwyn
- County: Cook
- Township: Berwyn
- Driving Directions: Ridgeland Ave & Ogden Ave (Rt 66). South on Ridgeland to 3405 on the East side of the Street
School Information
- School District: 100
- Elem School District: 100
- Midd School District: 100
- High School District: 100
Utilities
- Onsite: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Square Feet: 0.58
Lot Features
- Lot Size (Acres): 0.58
- Lot Size (Sq. Ft.): 25,388
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: 206 x 123
- Frontage: City Street
- Frontage Feet: 206
- Street/Road Desc.: Asphalt
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Tax Amount: $10,908.47
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16321300090000
Listed by Sperry Van Ness
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Schools
Schools serving 3401 Ridgeland Ave
School Districts:J. Sterling Morton High School District 201, Berwyn South School District 100
| Name | Grades | Distance |
|---|---|---|
Pershing Elementary School, Berwyn, IL 6537 37th Street, Berwyn, IL 60402 | K-5 | 0.4 mi |
Heritage Middle School, Berwyn, IL 6850 31st Street, Berwyn, IL 60402 | 6-8 | 0.8 mi |
J Sterling Morton West High School 2400 Home Avenue, Berwyn, IL 60402 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3401 Ridgeland Ave
Date
Details
Price
Change
Source
8/15/2025
Listed
$899,000
9.63%
MLS
5/05/2017
Sold
$820,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3401 Ridgeland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,415
-40%
$3,959
-24%
2022
$2,358
3%
$5,189
—
2021
$2,287
6%
$5,189
—
2020
$2,162
29%
$5,189
39%
2019
$1,681
6%
$3,729
—
2018
$1,582
-2%
$3,729
—
2017
$1,619
9%
$3,729
9%
2016
$1,484
2%
$3,421
—
2015
$1,454
4%
$3,421
—
2014
$1,403
13%
$3,421
—
2013
$1,247
5%
$3,421
—
2012
$1,184
—
$3,421
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3401 Ridgeland Ave
3401 Ridgeland Avenue, Berwyn, IL 60402 (MLS# 12447354) is a Lots/Land property with a lot size of 0.58 acres. 3401 Ridgeland Avenue is currently listed for $899,000 and was received on August 15, 2025. Want to learn more about 3401 Ridgeland Avenue? Do you have questions about finding other Lots/Land real estate for sale in Berwyn? You can browse all Berwyn real estate or contact a Coldwell Banker agent to request more information.

