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. The property 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.
Active
$500,000
440 W 87th St, Chicago, IL 60620
--beds
--baths
1.94Acres
Unimproved Land
Built in ----
1.94 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Well-located infill site
- 173 days |
- 52 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Ayanna Lee 708-663-1358,
Baird & Warner
Source: MRED as distributed by MLS GRID,MLS#: 12526509
Facts & features
Interior
Appliances
- Laundry: None
Features
- Basement: None
Property
Features
- Frontage length: 340
Lot
- Size: 1.94 Acres
- Dimensions: 340 x 250
Details
- Parcel number: 20333050270000
- Special conditions: None
Utilities & green energy
- Utilities for property: Unknown (verify)
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Annual tax amount: $14,845
- Date on market: 1/9/2026
- Ownership: Fee Simple w/ HO Assn.
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/9/2026 | Listed for sale | $500,000 |
Source:  MRED as distributed by MLS GRID #12526509 Report a problem | ||
Public tax history
Tax history is unavailable.
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: Gresham
Nearby schools
GreatSchools rating
- 3/10Ryder Elementary Math & Sci Spec SchoolGrades: PK-8Distance: 0.2 mi
- 1/10Hirsch Metropolitan High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- District: 299
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
- Cook County
- Chicago
- 60620
- Gresham
- 440 W 87th St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Chicago Topics
