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2963 87th Street, 
Darien, IL 60561

$500,000


Bed


Bath


-

Sq Ft


2.75

Acres (Lot)


Land

Active

Listed by

Deanna Mihalek

Baird & Warner

Last updated:

March 4, 2026, 11:45 AM

MLS#

12565540

Source:

MLSNI

About This Land

2963 87th Street

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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

2.75

MLS #:

12565540

Last Updated:

March 4, 2026, 11:45 AM

Added:

22 day(s) ago


Finances & Disclosures

Finances

Price:

$500,000

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.