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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
    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.
    80 days
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    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#: 12618444MLS Logo

      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

        DateEventPrice
        6/11/2026Contingent$599,000
        Source: MRED as distributed by MLS GRID #12618444 Report a problem
        4/27/2026Price change$599,000
        Source: MRED as distributed by MLS GRID #12631274 Report a problem
        4/26/2026Price change--
        Source: MRED as distributed by MLS GRID #12618444 Report a problem
        4/14/2026Listed for sale$599,000
        Source: MRED as distributed by MLS GRID #12618444 Report a problem
        4/13/2026Listing removed$599,000
        Source: MRED as distributed by MLS GRID #12565499 Report a problem
        3/23/2026Price change$599,000-14.4%
        Source: MRED as distributed by MLS GRID #12565499 Report a problem
        2/10/2026Listed for sale$700,000-73.8%
        Source: MRED as distributed by MLS GRID #12565499 Report a problem
        3/31/2022Listing removed--
        Source: Owner Report a problem
        3/8/2022Price change$2,674,800+178.8%
        Source: Owner Report a problem
        2/23/2022Price change$959,270-63.7%
        Source: MRED as distributed by MLS GRID #11331464 Report a problem
        2/17/2022Listed for sale$2,640,000+82.1%
        Source: Owner Report a problem
        5/30/2020Listing removed$1,450,000
        Source: VAS Real Estate Inc. #10477324 Report a problem
        1/15/2020Price change$1,450,000+66.7%
        Source: VAS Real Estate Inc. #10477324 Report a problem
        8/14/2019Price change$870,000-40%
        Source: VAS Real Estate Inc. #10479502 Report a problem
        8/13/2019Price change$1,450,000+66.7%
        Source: VAS Real Estate Inc. #10479502 Report a problem
        8/8/2019Price change$870,000-40%
        Source: VAS Real Estate Inc. #10479502 Report a problem
        8/7/2019Listed for sale$1,450,000+45%
        Source: VAS Real Estate Inc. #10479502 Report a problem
        4/25/2017Listing removed$999,999
        Source: Owner Report a problem
        3/11/2017Listed for sale$999,999+0%
        Source: Owner Report a problem
        8/31/2016Listing removed$999,990
        Source: Owner Report a problem
        6/2/2016Price change$999,990-68.3%
        Source: Owner Report a problem
        12/15/2015Listed for sale$3,150,000+262.1%
        Source: Owner Report a problem
        10/13/2005Sold$870,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Getting around

        32 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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