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Mixed-Use Land for Sale in Chicago, Illinois

Cook County, Chicago, IL 60620

$500,000
2 acres
Active
ago
Est $4,650/mo

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.

Location

Community
CHI - Auburn Gresham
Elevation
603 feet
Coordinates
41.7368, -87.6353

Directions

From I-94 E toward Indiana take exit 61B for 87th Street, right onto W 87th St.

Property details

Acreage
1.94 acres
Zoning
COMMR
MLS #
MRED 12526509
Posted

Property taxes

2024
$14,846

Parcels

  • 20333050270000

Details and features

Listing

Type
Land
Franchise
Independent

Listing history

DateEventPriceChangeSource
Dec 19, 2025New listing$500,000MRED
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This 1.94-acre property is located in Chicago, IL 60620. The property is available for sale for $500,000 with a price per acre of $257,732.

Checked 3 hours ago — Updated

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