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$ 500,000
Est. payment /mo
Active
440 W 87th ST Chicago, IL 60620
1.94 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12526509
Annual Tax Amount $14,845
Tax Year 2024
Lot Size 1.940 Acres
Lot Dimensions 340 x 250
Property Sub-Type Land
Property Description
Rare opportunity to acquire nearly two acres of vacant, undeveloped land positioned just off a strong commercial corridor with convenient access to the Dan Ryan Expressway. Zoned M1-2, the site allows for a wide range of light industrial and limited commercial uses, including warehousing, distribution, and light manufacturing. The property also presents a compelling redevelopment opportunity for mixed-use or residential development, offering the potential to expand commercial activity from the 87th Street & Dan Ryan node while serving surrounding neighborhoods. Ideal for investors, developers, or owner-users seeking a well-located infill site with strong long-term upside.
Location
State IL
County Cook
Area Chi - Auburn Gresham
Zoning COMMR
Rooms
Basement None
Interior
Fireplace N
Laundry None
Exterior
Utilities Available Unknown (verify)
Building
Dwelling Type Land
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple w/ HO Assn.
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Ayanna Lee of Baird & Warner