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440 W 87th Street Chicago, IL 60620

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For Sale
$500,000

Undeveloped land near commercial corridor with expressway access.

Type:Land or Vacant Lot
Lot size:
1.94 Acres
Added:
Feb 25, 2026
Days on Market:
55
Last Refresh:
Apr 5 at 9:56 pm

Property Features for 440 W 87th Street

General Information

Standard status
Active
Lot size
1.94 Acres
Property subtype
Land or Vacant Lot

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Listing Contact
AYANNA LEE

Listing agent AYANNA LEE

Listing office BAIRD & WARNER

Listing date Feb 25, 2026

Source Corcoran

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


Overview

Vacant Land Near Dan Ryan

This is a rare opportunity to acquire nearly two acres of vacant, undeveloped land. The property is positioned just off a strong commercial corridor and has 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. This infill site is ideal for investors, developers, or owner-users seeking a well-located property with strong long-term upside.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Industrial land

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6123
Latitude
41.7368

FAQs

What type of property is this?
Industrial land - Undeveloped land near commercial corridor with expressway access.
Where is this industrial land located?
The property is located at 440 W 87th Street Chicago, 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: Nearly two acres of vacant, undeveloped land.; Zoned M1‑2 allowing for light industrial and limited commercial uses (warehousing, distribution, light manufacturing).; Redevelopment opportunity for mixed‑use or residential development.
More about this property
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