$500,000
SOLD FEB 17, 2026
8.67 Acres
$57,670 Price per Acre
377,665 Sq Ft Lot

Recently Sold

71% Below List Price

342 Days on Market

Highlights

  • 8.67 Acre Lot
  • 3-minute walk to 87Th Street (Woodruff) Station
  • 5-minute walk to Lorraine L. Dixon Park
  • Property is near park

About This Lot

As of February 2026

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.)

Last Agent to Sell the Property

Michael LaFargue

Coldwell Banker Realty License #471011521 Listed on: 10/02/2024

Coldwell Banker Realty

Co-Listed By

Stewart Morales

Coldwell Banker Realty License #475185799

Last Buyer's Agent

Alexis Kern

Real People Realty License #475186347

Real People Realty

Property Details

Property Type

  • Land

Lot Details

  • 8.67 Acre Lot
  • Lot Dimensions are 40.8x658.8x630.5x355.7x249x259.4x1432.4
  • Property fronts a private road
  • Dirt Road
  • Additional Parcels
  • Property is zoned COMMR

Home Design

  • Mixed Use

Location

  • Property is near park

Schools

  • Avalon Park Elementary School
  • Chicago Vocational Career Acad S High School

Utilities

  • No Cooling
  • No Heating

Property Details

Property Type

Land

Lot Details

8.67 Acres

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Recreational
  • Road Surface Type: Dirt, Gravel
  • General Information: None
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Residential, Multi-Family, Single Family
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street, Private Road
  • Waterfront: No
  • Rail Availability: Potential

Utilities

  • Cooling: None
  • Heating: None
  • Utilities: Electricity Nearby, Natural Gas Nearby, Sewer Nearby

Schools

  • Elementary School: Avalon Park Elementary School
  • High School: Chicago Vocational Career Acad S

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 8.67
  • Lot Dimensions: 40.8X658.8X630.5X355.7X249X259.4X1432.4
  • Zoning: COMMR
  • Lot Size: 8.0-9.99 Acres
  • Special Assessments: N
  • Land Amenities: Park/Playground,Other
  • Land Description: Irregular

Rental Info

  • Board Number: 8
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 33256.54
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Feb 12, 2026
Sold by
Star Grounds Llc
Bought by
Adl Solutions Llc
Seller's Agent
Michael LaFargue
Coldwell Banker Realty
Buyer's Agent
Alexis Kern
Real People Realty
List Price
$1,699,950
Sold Price
$500,000
Premium/Discount to List
-$1,199,950
-70.59%
Views
70
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2026 02/17/26 Sold $500,000 0.0% --
12/31/2025 12/31/25 Off Market $500,000 -- --
09/09/2025 09/09/25 Pending -- -- --
03/19/2025 03/19/25 Price Changed $500,000 -70.6% --
03/18/2025 03/18/25 Price Changed $1,699,950 0.0% --
03/18/2025 03/18/25 For Sale $1,699,950 0.0% --
10/02/2024 10/02/24 For Sale $1,699,950 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,308 $108,001 $95,178 $12,823
2024 $10,308 $108,001 $95,178 $12,823
2023 $10,049 $48,857 $33,312 $15,545
2022 $10,049 $48,857 $33,312 $15,545
2021 $9,825 $48,856 $33,312 $15,544
2020 $19,364 $86,926 $33,312 $53,614
2019 $17,465 $86,926 $33,312 $53,614
2018 $17,171 $86,926 $33,312 $53,614
2017 $13,945 $64,781 $33,312 $31,469
2016 $12,975 $64,781 $33,312 $31,469
2015 $11,871 $64,781 $33,312 $31,469
2014 $8,756 $47,194 $33,312 $13,882
2013 $8,583 $47,194 $33,312 $13,882
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12116990

Midwest Real Estate Data (MRED)

APN: 20-35-318-045-0000

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