$194,000
$16K PRICE DROP

7032 Pershing Rd Berwyn, IL 60402

Estimated payment $1,209/month

Total Views 54,432
0.07 Acre
$2,771,429 Price per Acre
3,049 Sq Ft Lot

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.

Listing Agent

Cesar Sandoval

PAK Home Realty License #475173908 Listed on: 09/25/2024

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

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Road Surface Type: Concrete
  • General Information: None
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Utilities

  • Utilities: Electric to Site, Natural Gas Available, Water Available

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.07
  • Lot Dimensions: 62X125
  • Zoning: COMMR
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 20779.87
  • Tax Year: 2023
  • Tax Exemptions: None

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Deed $220,000 Multiple
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12173321

Midwest Real Estate Data (MRED)

APN: 16-31-326-037-0000