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.
Vacant land, 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 (twelve on each lot) or seven single family homes on seven individual lots. 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. Advantage - the sale includes ready 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-NEW 16321300100000-NEW 16321300110000-NEW 16321300120000-NEW 16321300130000-NEW 16321300140000-NEW 16321300150000-NEW
Calling all INVESTORS: Rarely available lot zoned B. Perfect for your multi-family or condo building in a desirable area. Close to Harlem, Roosevelt, 290, parks and schools. Near many amenities including the the famous Berwyn Depot District. This is a large lot with parking pad in the back. Agent Owned/Agent Interest: Holds IL Real estate broker's license.
30-ft buildable lot. The city of Berwyn should issue a building permit since the moratorium is on 25-ft lots or less than 25 feet. Just around the corner is Freedom Middle School as well as BNSF LaVergne train station. Also walking distance to/from Clyde Park and the famous Berwyn Depot District.
The median home value in Berwyn, IL is $287,500. This is higher than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Berwyn, IL is $287,500. Approximately 53.6% of Berwyn homes are owned, compared to 38.15% rented, while 8.25% are vacant. Berwyn real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Berwyn real estate agent to arrange a tour today!
Berwyn, Illinois has a population of 56,960. Berwyn is more family-centric than the surrounding county with 32.71% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Berwyn, Illinois is $64,965. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Berwyn is 35.8 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 19.6 degrees. The average rainfall is approximately 38.6 inches per year, with 34.4 inches of snow per year.