87th St. & Holland Rd Chicago, IL 60620
This exceptional 15-acre commercial land parcel presents a unique investment opportunity in Chicago's vibrant Chatham neighborhood. Strategically located off 87th Street, just west of the full interchange of Interstate 94 (Dan Ryan Expressway), this site offers unparalleled accessibility and visibility. Access to the property is provided via Holland Road, situated on the south side of the land, just north of 87th Street. The property boasts M1-2 zoning, opening doors to a wide range of development possibilities. A significant advantage is the potential for rail access, adding further logistical benefits for future projects. The site's position within Chatham's established retail corridor ensures high traffic volume and strong market presence. This expansive tract of land is ideal for developers seeking a prime location with excellent infrastructure and zoning flexibility to create a thriving commercial venture. The combination of convenient highway access, potential rail access, and its location in a bustling retail area makes this a truly exceptional opportunity for significant commercial development. Serious inquiries are encouraged to explore the full potential of this remarkable property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.