Prime residential redevelopment opportunity in Darien, Illinois, offering approximately 4.6 acres across two contiguous parcels with significant frontage along 87th Street. The combined site totals 199,467 square feet and features a favorable, generally flat layout ideal for higher-density residential development. Currently zoned R-3 Residential, the City of Darien has expressed openness to working with a qualified developer on a density-supported plan, including potential variances for the right project. Prior discussions with a regional builder further support the site's long-term development viability. The property's size, configuration, and municipal posture present a compelling opportunity for attached residential, townhomes, or multifamily-style development (subject to approvals). The assemblage offers approximately 333 feet of combined frontage and a depth of nearly 600 feet, allowing flexibility in site planning and internal road design. Utilities including electric, gas, and water are available at the site; sewer extension is required. The property is currently wooded and redevelopment-ready, with full access from 87th Street. Ownership strongly prefers a combined sale to support the highest and best use of the site. Offered as an assemblage See 2963 87th St. Ideal opportunity for builders and developers seeking scale, frontage, and a municipality motivated to see thoughtful residential growth.
Contingent
Price increase: $599K (4/27)
$599,000
2985 87th St, Darien, IL 60561
--beds
--baths
2.75Acres
Unimproved Land
Built in ----
2.75 Acres Lot
$693,800 Zestimate®
$--/sqft
$-- HOA
What's special
Currently woodedTwo contiguous parcelsGenerally flat layout
- 80 days |
- 82 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Deanna Mihalek, ABR,PSA (630)362-0264,
Real Broker, LLC
Source: MRED as distributed by MLS GRID,MLS#: 12618444
Facts & features
Property
Features
- Frontage length: 333
Lot
- Size: 2.75 Acres
- Dimensions: 200x600
Details
- Parcel number: 1006200004
- Zoning: OTHER
- Special conditions: None
Utilities & green energy
- Utilities for property: Electric to Site, Natural Gas Available, Sewer Nearby, Water Nearby
Community & HOA
Location
- Region: Darien
Financial & listing details
- Tax assessed value: $142,415
- Annual tax amount: $8,791
- Date on market: 4/14/2026
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$693,800
$569,000 - $833,000
$2,860/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Contingent | $599,000 |
Source: | ||
| 4/27/2026 | Price change | $599,000 |
Source: | ||
| 4/26/2026 | Price change | -- |
Source: MRED as distributed by MLS GRID #12618444 Report a problem | ||
| 4/14/2026 | Listed for sale | $599,000 |
Source: | ||
| 4/13/2026 | Listing removed | $599,000 |
Source: | ||
| 3/23/2026 | Price change | $599,000-14.4% |
Source: | ||
| 2/10/2026 | Listed for sale | $700,000-73.8% |
Source: | ||
| 3/31/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/8/2022 | Price change | $2,674,800+178.8% |
Source: Owner Report a problem | ||
| 2/23/2022 | Price change | $959,270-63.7% |
Source: | ||
| 2/17/2022 | Listed for sale | $2,640,000+82.1% |
Source: Owner Report a problem | ||
| 5/30/2020 | Listing removed | $1,450,000 |
Source: VAS Real Estate Inc. #10477324 Report a problem | ||
| 1/15/2020 | Price change | $1,450,000+66.7% |
Source: VAS Real Estate Inc. #10477324 Report a problem | ||
| 8/14/2019 | Price change | $870,000-40% |
Source: VAS Real Estate Inc. #10479502 Report a problem | ||
| 8/13/2019 | Price change | $1,450,000+66.7% |
Source: VAS Real Estate Inc. #10479502 Report a problem | ||
| 8/8/2019 | Price change | $870,000-40% |
Source: VAS Real Estate Inc. #10479502 Report a problem | ||
| 8/7/2019 | Listed for sale | $1,450,000+45% |
Source: VAS Real Estate Inc. #10479502 Report a problem | ||
| 4/25/2017 | Listing removed | $999,999 |
Source: Owner Report a problem | ||
| 3/11/2017 | Listed for sale | $999,999+0% |
Source: Owner Report a problem | ||
| 8/31/2016 | Listing removed | $999,990 |
Source: Owner Report a problem | ||
| 6/2/2016 | Price change | $999,990-68.3% |
Source: Owner Report a problem | ||
| 12/15/2015 | Listed for sale | $3,150,000+262.1% |
Source: Owner Report a problem | ||
| 10/13/2005 | Sold | $870,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,791 +3.7% | $142,415 +8.8% |
| 2023 | $8,480 +7.5% | $130,920 +6.3% |
| 2022 | $7,892 +8.8% | $123,200 +1.1% |
| 2021 | $7,251 +1.6% | $121,800 +2% |
| 2020 | $7,134 +3.2% | $119,390 |
| 2019 | $6,915 +9.6% | -- |
| 2018 | $6,310 +3.4% | $102,500 +3.9% |
| 2017 | $6,101 +1.5% | $98,630 +1.6% |
| 2016 | $6,009 +1.2% | $97,110 +6.3% |
| 2015 | $5,938 -10.4% | $91,360 -9.4% |
| 2014 | $6,627 -13.8% | $100,790 -12.3% |
| 2013 | $7,686 -11% | $114,940 -18.4% |
| 2012 | $8,631 +2.5% | $140,940 -6.1% |
| 2011 | $8,421 +7.2% | $150,090 +0.8% |
| 2010 | $7,853 +2.8% | $148,890 -5.8% |
| 2009 | $7,641 +2.5% | $158,040 |
| 2008 | $7,457 +6.2% | $158,040 +5.9% |
| 2007 | $7,020 +6.7% | $149,240 +11.3% |
| 2006 | $6,581 +9.9% | $134,110 +7.7% |
| 2005 | $5,988 +2% | $124,520 +7% |
| 2004 | $5,868 +3.1% | $116,380 +10% |
| 2003 | $5,691 +10.3% | $105,800 +12.8% |
| 2002 | $5,159 +2.4% | $93,830 +6.8% |
| 2001 | $5,037 +1.8% | $87,890 +3.5% |
| 2000 | $4,946 | $84,910 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 60561
Nearby schools
GreatSchools rating
- 5/10Prairieview Elementary SchoolGrades: 3-5Distance: 1.2 mi
- 8/10Lakeview Jr High SchoolGrades: 6-8Distance: 1.1 mi
- 5/10Community H S Dist 99 - South High SchoolGrades: 9-12Distance: 3 mi
Schools provided by the listing agent
- High: Downers Grove South High School
- District: 66
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Illinois
- DuPage County
- Darien
- 60561
- 2985 87th St



