440 W 87th Street Chicago IL 60620 MLS #MRD12526509

MLS #MRD12526509 image #0
Rare opportunity to acquire nearly two acres of vacant, undeveloped land positioned just off a strong commercial corridor with 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. Ideal for investors, developers, or owner-users seeking a well-located infill site with strong long-term upside.

Property Details

Price:
$500,000
MLS #:
MRD12526509
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
chiauburngresham
Listed Date:
Jan 9, 2026
Chi – Auburn GreshamChiauburngresham

Schools

School District:
299

Interior

Laundry Features
None

Exterior

Financial

Tax Year
2024
Taxes
$14,846

Listing Agent & Office

Ayanna Lee
Baird & Warner

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