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Hard Corner Development Land
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1955 E 87th St, Chicago, IL 60617

Commercial land lot features a hard corner location at a busy four-way signal intersection.

Property SizeContact for details
Lot Size0.38 Acres
Days on Market77

Property Features for 1955 E 87th St

General Information

Standard status Active
Lot size 0.38 Acres
Property subtype LAND
Zoning B3-1

Additional Details

Traffic Count 32,300 vehicles/day
Listing Agency: Network Commercial Real Estate
Listed By: Neil Haleem · License #37077037778HN
Source: Moodyscre
Added: May 25 Changed: Aug 8 Last Checked: Aug 9 at 12:57PM

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 Network Commercial Real Estate

Investment Insights

Based on property information with market context.

This is a commercial land parcel featuring a hard corner site measuring 132' by 125' for a total stated size of 16,500 SF. The property sits at a four-way traffic light intersection and is described as being in a densely populated area.

The site is zoned B3-1. Public remarks indicate high traffic counts of 32,300 vehicles per day, supporting strong visibility from the surrounding roadway network.

The lot’s configuration and signalized corner location may be well suited for development opportunities that align with the property’s existing B3-1 zoning designation.

Key Highlights

  • 16,500 SF hard corner commercial lot (132' x 125')
  • Located at a 4‑way traffic light intersection
  • High traffic counts of 32,300 vehicles per day

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Dental Office Gym & Fitness Center Restaurant

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

32,300 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

798
Businesses Nearby

Demographics for 60617, IL

77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land lot features a hard corner location at a busy four-way signal intersection.
Where is this commercial land located?
The property is located at 1955 E 87th St Chicago, IL.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 16,500 SF hard corner commercial lot (132' x 125'); Located at a 4‑way traffic light intersection; High traffic counts of 32,300 vehicles per day
(708) 927-8000 Call to check price and availability
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