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$1,100,000   Price Analysis
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3401 Ridgeland Ave
Berwyn, IL 60402
Unknown bed 0 bath unknown SqFt ($0/SqFt)
0.58 acre lot.
Listed 2024-04-22, Taxes $2,287
Ⓧ USDA Ineligible
due to property

near Berwyn

Vacant land consisting of three lots

In prime location situated in Berwyn IL! Investors looking to expand their real estate portfolio, this is an opportunity for a spectacular development of thirty six condominiums in total on three lots (twelv on each lot) or seven single family homes. The previous structure has been demolished, the land has been subdivided and previously zoned, speeding the development process ahead of time for the new investor.

BONUS - the sale includes ready blueprints and plans for the new development. The lots are conveniently located close to the LaVergne Metra Station, restaurants, shopping, local parks and schools. Easy access to the Loop and suburbs via I-55. Multiple Parcels, tax amount includes: 16321300090000-CONTEMPORARY 16321300100000-PRISTINE 16321300110000-NEW 16321300120000-NEW 16321300130000-NEW 16321300140000-NEW 16321300150000-NEW


Presented by Izabela Dianovsky at
Jameson Sotheby's International Realty.
Listing Agent Photo

Property MLS #12033351 from MRED

Total Bathrooms: 0

Additional Parcels Description: 16321300150000
Lot Size Acres: 0.5816804
Lot Size Dimensions: 123X206
Lot Size Square Feet: 25338

Frontage Type: City Street
Road Surface Type: Asphalt

Association: No
Calculated Total Monthly Association Fees: 0

High School District: 201

Pershing Elementary School is a public elementary school located approximately 0.4 miles away.
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Heritage Middle School is a public middle school located approximately 0.8 miles away.
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J Sterling Morton West High School is a public high school located approximately 1.4 miles away.
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The Angels Child Development Center is a private elementary school located approximately 0.1 miles away.
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Source Listing Status: Active
County: Cook
Current Use: Condominium
Directions: South on Ridgeland Avenue to the lots.
Tax Year: 2022
Ownership: Condo
Source Property Type: Land
Parcel Number: 16321300090000
Township: Berwyn
Property Subtype: Land
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$193 + $4,996
$5,189
$2,287
2020$193 + $4,996
$5,189
$2,161
2019$193 + $3,536
$3,729
$1,680
2018$193 + $3,536
$3,729
$1,582
2017$193 + $3,536
$3,729
$1,619
2016$193 + $3,228
$3,421
$1,483
2015$193 + $3,228
$3,421
$1,454
2014$193 + $3,228
$3,421
$1,402
2013$193 + $3,228
$3,421
$1,247
2012$193 + $3,228
$3,421
$1,184
2011$193 + $3,228
$3,421
$1,111
2010$251 + $3,098
$3,349
$950
2009$309 + $3,812
$4,121
$1,178
2007$426 + $4,904
$5,330
$1,310
2006$464 + $5,350
$5,814
$1,351

Listed 2024-04-22
$1,100,000
MRED
Listing removed 2023-08-24
$1,129,000
MRED
Listed 2023-01-14
$1,129,000
MRED
Listing removed 2022-03-29
$1,250,000
MRED
Sold 2017-06-13
$820,000
Public Record
Sold 2003-12-01
$1,600,000
Public Record
Sold 2002-05-15
$100,000
Public Record

Electric to Site
Gas to Site
Sewer-Storm Available
Water-Municipal
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.