7032 Pershing Rd Berwyn, IL 60402
Estimated payment $1,193/month
About This Lot
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.
Property Details
Property Type
- Land
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 62x125
- Additional Parcels
- Property is zoned COMMR
Utilities
- Electricity To Lot Line
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,766 | $35,712 | $14,875 | $20,837 |
| 2024 | $12,766 | $35,712 | $14,875 | $20,837 |
| 2023 | $13,530 | $35,712 | $14,875 | $20,837 |
| 2022 | $13,530 | $29,777 | $14,219 | $15,558 |
| 2021 | $13,126 | $29,775 | $14,218 | $15,557 |
| 2020 | $9,812 | $23,552 | $14,218 | $9,334 |
| 2019 | $5,118 | $11,356 | $10,062 | $1,294 |
| 2018 | $7,013 | $16,530 | $10,062 | $6,468 |
| 2017 | $7,177 | $16,530 | $10,062 | $6,468 |
| 2016 | $13,639 | $31,449 | $9,187 | $22,262 |
| 2015 | $13,370 | $31,449 | $9,187 | $22,262 |
| 2014 | $12,894 | $31,449 | $9,187 | $22,262 |
| 2013 | $11,465 | $31,449 | $9,187 | $22,262 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/18/2025 11/18/25 | Price Changed | $194,000 | -5.4% | -- |
| 10/11/2025 10/11/25 | Price Changed | $205,000 | 0.0% | -- |
| 10/11/2025 10/11/25 | For Sale | $205,000 | -2.4% | -- |
| 09/18/2025 09/18/25 | Off Market | $210,000 | -- | -- |
| 09/25/2024 09/25/24 | For Sale | $210,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $220,000 | Multiple |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12173321
APN: 16-31-326-037-0000
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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