440 W 87th Street, Chicago, IL 60620

Chicago
Local realty services provided by:ERA Naper Realty
440 W 87th Street,Chicago, IL 60620
$500,000
  • 1.94 Acres
  • Lots / Land
  • Active
Listed by: ayanna lee
Office: baird & warner
MLS#:12526509
Source:MLSNI

Price summary

  • Price:$500,000

About this home

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.

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Home facts

  • Listing ID #:12526509
  • Updated:April 12, 2026 at 10:47 AM

Rooms and interior

  • Basement:Yes

Structure and exterior

  • Lot area:1.94 Acres

Finances and disclosures

  • Price:$500,000
  • Tax amount:$14,846 (2024)
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