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440 W 87th St
Chicago, IL 60620 Gresham

$500,000 USD

Land For Sale  •  1.96 AC

Property Details

  • Property Type Land
  • Lot Size 1.96 AC
  • Tenancy Multiple
  • Zoning M1-2
66 Transit Score
69 Walk Score

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

Highlights

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

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Gresham Station (Rock Island District Line - Northeast Illinois Regional Commuter Railroad (Metra)) 2 min 11 min 0.6 mi
Brainerd Station (Rock Island District Line - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 1.4 mi
AirportDriveWalkDistance
Chicago Midway International 19 min - 10.1 mi
Chicago O'Hare International 43 min - 28.3 mi
Ayanna Lee 708-663-1358 Baird & Warner
Ayanna Lee 708-663-1358 Baird & Warner