$184,000

Estimated payment $1,126/month

0.16 Acres
$1,150,000 Price per Acre
6,970 Sq Ft Lot

About This Lot

Located at the intersection of 87th St. and Merrill Ave. across the street from the historic Chicago Vocational High School and walking distance from Jesse Owens Park - which features various indoor and outdoor activities. Along the 87th street strip, east to west of the listing, you'll find both local businesses and multifamily housing. If you dive deeper, going north or south along Merrill Ave you'll see single family residences. See offering memorandum for more details.

Listing Agent

Ayanna Lee

Baird & Warner License #475208986 Listed on: 05/11/2026

Baird & Warner

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,731

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 57.568 x 125
  • Additional Parcels

Property Details

Property Type

Land

Est. Annual Taxes

$1,731

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Road Surface Type: Asphalt
  • General Information: None
  • Actual Status: New
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Development, Multi-Family, Retail
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Utilities

  • Utilities: Electricity Nearby, Natural Gas Nearby, Sewer Nearby

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.16
  • Lot Dimensions: 57.568 x 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Land Amenities: Sidewalks
  • Land Description: Cleared,Landscaped Professionally

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 1731.16
  • Tax Year: 2024

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2026 05/11/26 For Sale $184,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12644232

Midwest Real Estate Data (MRED)
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