Redevelopment Residential Development
For Sale
$500,000
2963 87th Street, Darien, IL 60561
Approximately 4.6 acres with full access and substantial frontage along 87th Street, currently zoned R-3.
Property SizeContact for details
Lot Size4.60 Acres
Days on Market187
Property Features for 2963 87th Street
General Information
Standard status
Active
Lot size
4.60 Acres
Property subtype
Land
Zoning
OTHER
Site & Location
Road Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$8,791
Listing Agency:
Baird & Warner
(630) 362-0264
Listed By:
Deanna Mihalek · License #475132136
(630) 362-0264
Source:
Compass
Added: Feb 4
Changed: Aug 8
Last Checked: Mar 25 at 8:08PM
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 Baird & Warner
Investment Insights
Based on property information with market context.
This offering is residential development land totaling approximately 4.6 acres across two contiguous parcels. The combined site is generally flat with a depth of nearly 600 feet and about 333 feet of combined frontage, providing flexibility for overall site layout and internal road design. The property is currently wooded and described as redevelopment-ready, with full access from 87th Street.
The land is located in Darien, Illinois and is currently zoned R-3 Residential. The City of Darien has expressed openness to working with a qualified developer on a density-supported plan, including the potential for variances for the right project. Utilities including electric, gas, and water are available at the site, while sewer extension is required.
Ownership prefers a combined sale to support the highest and best use of the assemblage. The property is offered as an assemblage, including See 2985 87th St.
The land is located in Darien, Illinois and is currently zoned R-3 Residential. The City of Darien has expressed openness to working with a qualified developer on a density-supported plan, including the potential for variances for the right project. Utilities including electric, gas, and water are available at the site, while sewer extension is required.
Ownership prefers a combined sale to support the highest and best use of the assemblage. The property is offered as an assemblage, including See 2985 87th St.
Key Highlights
- Approximately 4.6 acres across two contiguous parcels with full access from 87th Street in Darien, IL
- Combined site size is 199,467 SF with about 333 ft of combined frontage and nearly 600 ft in depth for flexible site planning
- Currently zoned R‑3 Residential, with the City of Darien open to working with a qualified developer on a density‑supported plan (variances may apply)
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
292
Businesses Nearby
Explore this area
Business Placement
Demographics for 60561, IL
23,139
Population
9,549
Households
2.4
Avg Household Size
47
Median Age
51%
College-Educated
95%
High-School Grad
6.6 sq mi
ZIP Area
3,506
Density / Sq Mi
$109,974
Median Household Income
$57,697
Median Earnings
$1,684
Median Rent
$388,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Approximately 4.6 acres with full access and substantial frontage along 87th Street, currently zoned R-3.
Where is this residential land & home lot located?
The property is located at 2963 87th Street Darien, IL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Approximately 4.6 acres across two contiguous parcels with full access from 87th Street in Darien, IL; Combined site size is 199,467 SF with about 333 ft of combined frontage and nearly 600 ft in depth for flexible site planning; Currently zoned R‑3 Residential, with the City of Darien open to working with a qualified developer on a density‑supported plan (variances may apply)
