440 W 87th Street
Chicago, IL, 60620
$500,000
Beds
0 Baths
0 SqFt
1.94 Acres
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$500,000
440 W 87th Street
Chicago, IL, 60620
MLS #MRD12526509 image #0MLS #MRD12526509 image #1MLS #MRD12526509 image #2MLS #MRD12526509 image #3MLS #MRD12526509 image #4
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
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Land in Chicago as of Jan 11, 2026
871
Land Listed
481
Avg DOM
$241,984
Avg List Price

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Property Summary

    440 W 87th Street Chicago IL is a Land for sale in Chicago, IL, 60620. It is listed for $500,000 and features 2 acres. To schedule a showing of MLS#mrd12526509 at 440 W 87th Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
440 W 87th Street
Chicago, IL