25,388 SF Development Site

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.

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.

Located just south of Ogden Avenue, 3401 Ridgeland Avenue offers a highly visible and accessible location in the vibrant and well-established suburb of Berwyn. The property benefits from strong regional connectivity with proximity to major thoroughfares, including Ogden Avenue, I-55, and I-290, providing convenient access to downtown Chicago and surrounding suburbs. Public transportation is readily available with nearby CTA and Pace bus routes, as well as the Metra BNSF Line, which offers a quick commute to the city.

The surrounding area is rich with neighborhood amenities. Residents and visitors enjoy close access to a variety of shopping centers, restaurants, grocery stores, and essential services along Ogden and nearby Harlem Avenue. The location is also minutes from major medical facilities such as MacNeal Hospital, as well as numerous public and private schools. With a strong mix of residential density and commercial activity, this Berwyn location is ideal for a wide range of uses, including residential, office, medical, or mixed-use development.
The rental market in the Chicago suburbs has been in demand, and renters comprise 35.6% of the Berwyn population, making this development site extremely desirable.

Documents