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$194,000
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Property Description
Prime Development Opportunity in Berwyn, IL - Zoned Commercial with Residential PotentialAn exceptional opportunity awaits in the heart of Berwyn, IL. This offering includes two adjacent lots, totaling 62x125 feet, zoned for commercial use, but with the potential to build two residential properties under 2-3 zoning. Located in a thriving and highly accessible area, this property is perfect for developers, investors, or entrepreneurs looking to maximize commercial potential or create residential spaces. With its strategic location near major thoroughfares, public transportation, and local amenities, this site offers great visibility and convenience, whether you envision retail, office spaces, or modern residential units. Two separate pins. Lots to be sold together.
Full Property Details
Full Property Details for 7032 Pershing Rd
General
- Price: $194,000
- Taxes: $20,779 (2023)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12173321
- Updated: 11/24/2025
- Added to Site: 478 day(s) ago
Location
- Area: Berwyn
- County: Cook
- Township: Berwyn
- Driving Directions: take pershing road east or west to property
School Information
- School District: 100
- Elem School District: 100
- Midd School District: 100
- High School District: 201
Utilities
- Onsite: Electricity to Site, Natural Gas Available, Water Available
Structural Information
- Square Feet: 0.07
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 7,536
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 62 x 125
- Frontage: City Street
- Frontage Feet: 65
- Street/Road Desc.: Concrete
- Zoning: COMMR
Financial Considerations
- Tax Amount: $20,779.87
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16313260370000
Listed by PAK Home Realty
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Schools
Schools serving 7032 Pershing Rd
School Districts:Berwyn South School District 100, J. Sterling Morton High School District 201
| Name | Grades | Distance |
|---|---|---|
Irving Elementary School, Berwyn, IL 3501 Clinton Avenue, Berwyn, IL 60402 | K-5 | 0.5 mi |
Heritage Middle School, Berwyn, IL 6850 31st Street, Berwyn, IL 60402 | 6-8 | 1 mi |
J Sterling Morton West High School 2400 Home Avenue, Berwyn, IL 60402 | 9-12 | 1.7 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 7032 Pershing Rd
Date
Details
Price
Change
Source
11/18/2025
Price Reduced
$194,000
-5.37%
MLS
10/10/2025
Price Reduced
$205,000
-2.38%
MLS
9/25/2024
Listed
$210,000
-4.55%
MLS
7/14/2008
Sold
$220,000
—
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 7032 Pershing Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$12,766
-6%
$35,711
20%
2022
$13,530
3%
$29,775
—
2021
$13,126
34%
$29,775
26%
2020
$9,812
92%
$23,552
107%
2019
$5,118
-27%
$11,356
-31%
2018
$7,013
-2%
$16,530
—
2017
$7,177
-47%
$16,530
-47%
2016
$13,639
2%
$31,449
—
2015
$13,370
4%
$31,449
—
2014
$12,894
12%
$31,449
—
2013
$11,465
5%
$31,449
—
2012
$10,885
—
$31,449
—
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 7032 Pershing Rd
7032 Pershing Road, Berwyn, IL 60402 (MLS# 12173321) is a Lots/Land property with a lot size of 0.07 acres. 7032 Pershing Road is currently listed for $194,000 and was received on September 25, 2024. Want to learn more about 7032 Pershing Road? 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.

