MAJOR PRICE REDUCTION!!!!! 8.665 ACRES OF LAND IN CHICAGO IS LISTED TO SELL! LISTED BELOW THE APPRAISED VALUE! Two lots totaling 377,434 square feet (8.67 acres) of land is ready for development or use as a natural habitat. This Triangular rare opportunity is west of and adjacent to Avalon Park and the Marynook home development to the east of and adjacent to the Illinois Central Commuter Train Line to the West. Two Addresses 1030 E 87th is zoned B1-2 and 1034 E. 87th is zoned B1-2 and M1-2. IDEAS FOR USE include 1.) A commercial office, storage, warehouse and light manufacturing, product assembly area. AND 2.) Bicycle or skate board park, skate park, A nature-walk, mediation retreat, natural habitat, animal rescue sanctuary... area. (The ORANGE STRIP and the Irregular shaped YELLOW Triangle in the plat map photo represent the land for sale.)
Contingent
$500,000
1030-1034 E 87th St, Chicago, IL 60619
--beds
--baths
8.67Acres
Unimproved Land
Built in ----
8.67 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 445 days |
- 14 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: October 09, 2025 at 06:05am
Listing courtesy of:
Michael LaFargue 773-251-0760,
Coldwell Banker Realty,
Stewart Morales,
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 12116990
Facts & features
Interior
Property
Features
- Frontage length: 50
Lot
- Size: 8.67 Acres
- Dimensions: 40.8X658.8X630.5X355.7X249X259.4X1432.4
Details
- Additional parcels included: 20353180400000
- Parcel number: 20353180450000
- Zoning: COMMR
- Special conditions: List Broker Must Accompany
Utilities & green energy
- Utilities for property: Electricity Nearby, Natural Gas Nearby, Sewer Nearby
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Annual tax amount: $33,256
- Date on market: 10/3/2024
- Ownership: Fee Simple
- Road surface type: Dirt, Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2025 | Contingent | $500,000 |
Source: | ||
| 3/19/2025 | Price change | $500,000-70.6% |
Source: | ||
| 10/3/2024 | Listed for sale | $1,699,950 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: Chatham
Nearby schools
GreatSchools rating
- 5/10Pirie Elementary Fine Arts & Academic CGrades: PK-6Distance: 0.4 mi
- 10/10Mcdade Elementary Classical SchoolGrades: K-7Distance: 0.3 mi
- 1/10Harlan Community Academy High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Avalon Park Elementary School
- High: Chicago Vocational Career Acad S
- 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.
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