440 W 87th St - Commercial LAND FOR SALE


Chicago, IL 60620- Gresham85,473 SF
$500,000 USD
708-663-1358
440 W 87th St, Chicago, IL for Sale
$500,000 USD
Commercial LAND - FOR SALE
1/5
85,473 SF

440 W 87th St
Chicago, IL 60620
Gresham


HIGHLIGHTS

  • 22,600 vehicles daily
  • Within 5 minutes of I-90/I-94
  • Dense, family oriented residential trade area

OVERVIEW

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

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/ACRE

$254,817/AC

PRICE/SF

$6 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Industrial, Retail, Office, Mixed Use, Multi-Family, Apartment Units, Apartment Units - Condo, Apartment Units - Senior, Auto Repair, Bank, Car Wash, Cemetery/Mausoleum, Community Center, Fast Food, Food Processing, Hold for Development, Neighborhood Center, Restaurant, Retail Warehouse, Self-Storage, Skating Rink, Strip Center, Warehouse

LAND ACRES

1.96 AC

LAND SF

85,473 SF

OFFSITE IMPROVEMENTS

-

ZONING

M1-2

APN/PARCEL ID

20-33-305-027-0000

ASK ABOUT THIS PROPERTY

Ayanna LeeBaird & WarnerMore Info
708-663-1358

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Ayanna LeeBaird & WarnerMore Info
708-663-1358

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.