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2963 87th Street Darien, IL 60561

$500,000
Active / MLS# 12565540 / Land - Residential / Darien
0 Beds

Prime residential redevelopment opportunity in Darien, Illinois, offering approximately 4.6 acres across two contiguous parcels with significant frontage along 87th Street. The combined site totals 199,467 square feet and features a favorable, generally flat layout ideal for higher-density residential development. Currently zoned R-3 Residential, the City of Darien has expressed openness to working with a qualified developer on a density-supported plan, including potential variances for the right project. Prior discussions with a regional builder further support the site's long-term development viability. The property's size, configuration, and municipal posture present a compelling opportunity for attached residential, townhomes, or multifamily-style development (subject to approvals). The assemblage offers approximately 333 feet of combined frontage and a depth of nearly 600 feet, allowing flexibility in site planning and internal road design. Utilities including electric, gas, and water are available at the site; sewer extension is required. The property is currently wooded and redevelopment-ready, with full access from 87th Street. Ownership strongly prefers a combined sale to support the highest and best use of the site. Offered as an assemblage See 2985 87th St. Ideal opportunity for builders and developers seeking scale, frontage, and a municipality motivated to see thoughtful residential growth.

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Baird & Warner Deanna Mihalek 630.362.0264 Email

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Estimated Payment

$ 1,989.53 per month $1,111.11 Principal & Interest $732.58 Property Tax $145.83 Homeowner's Insurance
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Property Details

Property Type: Land - Residential
Lot Size: 2.75 Acres
Taxes: $8,791

Feature Descriptions

Current Use: Single Family
Frontage: 333
Frontage Type: City Street
Lot Dimensions: 200x600
Parcel#: 1006200005
Possible Use: Condominium, Multi-Family, Single Family, Zoning Change Required
Road Surface: Asphalt
Township: Downers Grove
Utilities: Electric to Site, Natural Gas Available, Sewer Nearby, Water Nearby

Schools

High School: Downers Grove South High School
School District: District 99

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

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