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440 W 87th Street Chicago, IL 60620

$500,000
Active / MLS# 12526509 / Land - Residential / Chicago
0 Beds

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.

https://drive.google.com/file/d/18URWzpY0jRkHB81CXkoATECGn7vaR68V/view

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Baird & Warner Julie Naumiak 847.284.2417 Email

Mortgage Calculator

%
years/fixed
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yearly (est.)
(Payments are an estimate and may vary by lender)

Estimated Payment

$ 2,494.03 per month $1,111.11 Principal & Interest $1,237.08 Property Tax $145.83 Homeowner's Insurance
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Property Details

Property Type: Land - Residential
Basement: None
Lot Size: 1.94 Acres
Taxes: $14,845

Feature Descriptions

Frontage: 340
Frontage Type: City Street
Lot Dimensions: 340 x 250
Parcel#: 20333050270000
Road Surface: Asphalt
Township: South Chicago
Utilities: Unknown (verify)

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

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