440 W 87th Street, Chicago, IL 60620

Property Description

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.

Listing Status:

Active

Data Last Updated:

February 14, 2026 at 7:19AM

Listing Office:

Baird & Warner : 708-663-1358

Listing Agent:

Ayanna Lee : 708-663-1358

MLS ID:

12526509

Interior

• Laundry: None
• Basement: None

Exterior

• Parking: Parking spaces: 0

Location

• Road/Access: AsphaltCity Street
• Originating MLS: mred
• School District: 299
• County: Cook

Lot

• Zoning: COMMR20333050270000

Utilities

• Utilities: Unknown (verify)

Financial

• Source: mred
• Ownership: Fee Simple w/ HO Assn.