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Corner Redevelopment Land Opportunity
For Sale
Contact for pricing
Pending

3701 S Harlem Avenue, Berwyn, IL 60402

High-visibility corner parcel on Harlem Avenue, offered primarily for land value with rezoning in progress.

Property SizeContact for details
Days on Market198

Property Features for 3701 S Harlem Avenue

General Information

Standard status Pending
Property subtype Land, Multifamily
Zoning MULTI

Site & Location

Road Access Yes
Utilities to Site Yes
Listing Agency: Keller Williams ONEChicago
Listed By: Michelle Russell · License #475196744
Source: Crexi
Added: Jan 23 Changed: Aug 8 Last Checked: May 7 at 4:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams ONEChicago

Investment Insights

Based on property information with market context.

The offering is a corner land parcel presented primarily for land value, with sale terms noting the property is AS-IS and no value is assigned to the existing structure. The site includes an iconic Harlem Blues Lounge that may be repurposed and reused under existing C-4 Commercial zoning for restaurant, blues lounge, or similar commercial use subject to municipal approval.

The property is located along Harlem Avenue in Berwyn and is currently in the process of rezoning from C-4 Commercial to R-4 Residential. If approved, the rezoning supports residential redevelopment for multi-unit townhome or residential development. The site is described as having strong frontage and access, along with utility availability, making it suitable for an infill residential or commercial project within an established area.

Because the rezoning status and redevelopment feasibility depend on municipal review, the buyer is responsible for all due diligence regarding zoning, density, permitted uses, demolition, and development feasibility.

Key Highlights

  • High‑visibility corner parcel on Harlem Avenue in Berwyn, offered primarily for land value
  • Rezoning in progress from C‑4 Commercial to R‑4 Residential for potential multi‑unit townhome/residential development
  • Iconic Harlem Blues Lounge on‑site may be repurposed/reused as a restaurant, blues lounge, pizza concept, or similar commercial use under existing C‑4 zoning (subject to municipal approval)

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Garden Center Tech Support Center Computer & Electronic Repair Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,411
Businesses Nearby
451k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 31% Shops & Services 26% Dining 19% Apparel 13%
Costco Wholesale Superstores
140,239 visits/mo 0.3 miles
Raising Cane's Chicken Fingers Dining
73,973 visits/mo 0.2 miles
Costco Gasoline Shops & Services
67,409 visits/mo 0.2 miles
Burlington Apparel
58,347 visits/mo 0.5 miles
Best Buy Electronics
40,703 visits/mo 0.4 miles

Demographics for 60402, IL

64,706
Population
25,111
Households
2.6
Avg Household Size
37
Median Age
25%
College-Educated
85%
High-School Grad
5.7 sq mi
ZIP Area
11,352
Density / Sq Mi
$73,993
Median Household Income
$42,802
Median Earnings
$1,168
Median Rent
$277,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - High-visibility corner parcel on Harlem Avenue, offered primarily for land value with rezoning in progress.
Where is this residential land & home lot located?
The property is located at 3701 S Harlem Avenue Berwyn, IL.
What are key features of this property?
This property features: High‑visibility corner parcel on Harlem Avenue in Berwyn, offered primarily for land value; Rezoning in progress from C‑4 Commercial to R‑4 Residential for potential multi‑unit townhome/residential development; Iconic Harlem Blues Lounge on‑site may be repurposed/reused as a restaurant, blues lounge, pizza concept, or similar commercial use under existing C‑4 zoning (subject to municipal approval)
More about this property
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