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    8400 W 87Th St Hickory Hills, IL 60457

    For Sale
    $595,000

    Land - Hickory Hills, IL

    Lot size:
    0.93 Acres
    Days on Market:
    190
    Last Refresh:
    Dec 9 at 6:06 am

    Property Features for 8400 W 87Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    18353090350000
    Lot size
    0.93 Acres

    Building Details

    Architectural style
    Other

    Remax 10 (708) 857-1500 [email protected]

    Listing agent Linda Seyller (708) 857-1500 License #475137714

    Listing date Jun 3, 2025

    MLS# 12378820 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Land Investment Opportunity

    This offering presents an investment opportunity involving two vacant lots, being sold together as an investment package. The land, situated in Hickory Hills, IL, is zoned for multifamily use. Each lot measures 135 x 150, totaling approximately 0.93 acres. The zoning allows for the construction of an estimated 16 to 20 townhomes, depending on the building footprint, offering various building opportunities. Prospective buyers can utilize their own building plans, subject to the Hickory Hills 2024 zoning map regulations.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hickory Hills
    County
    Cook
    State
    Illinois
    Longitude
    -87.829204
    Latitude
    41.733339

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    FAQs

    What type of property is this?
    Residential land & home lot - Two vacant lots zoned for multifamily development in Hickory Hills.
    Where is this residential land & home lot located?
    The property is located at 8400 W 87Th St Hickory Hills, IL.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: - Zoned for multifamily development, offering significant investment potential.; - Two vacant lots being sold as a package.; - Sizeable lots: 135 x 150 each.
    (708) 857-1500
    Request Owner's contact information
    8400 W 87Th St Hickory Hills, IL 60457
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8400 W 87Th St Hickory Hills, IL 60457
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