Vacant Land Near Dan
440 W 87th Street Chicago, IL 60620
440 W 87th Street, Chicago, IL, 60620
$500,000
For Sale
$500,000
Undeveloped land near commercial corridor with expressway access.
Lot Size1.94 Acres
Days on Market146
Property Features for 440 W 87th Street
General Information
- Standard status
- Active
- Lot size
- 1.94 Acres
- Property subtype
- Land or Vacant Lot
Listing agency
BAIRD & WARNER
(312) 640-7010
Listed by
AYANNA LEE
Source
Corcoran
Added: Feb 25 Updated: Jul 6 at 10:22AM Checked: Jul 21 at 5:31AM
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 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.
Key Highlights
- 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.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Industrial land
Similar For Sale Nearby
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.
