$500,000

Estimated payment $3,309/month

Total Views 2,168
2.75 Acres
$181,818 Price per Acre
119,790 Sq Ft Lot

About This Lot

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.

Listing Agent

Deanna Mihalek

Baird & Warner License #475132136 Listed on: 02/10/2026

Baird & Warner

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,791

Lot Details

  • 2.75 Acre Lot
  • Lot Dimensions are 200x600

Schools

  • Downers Grove South High School

Utilities

  • Electricity To Lot Line

Property Details

Property Type

Land

Est. Annual Taxes

$8,791

Lot Details

2.75 Acres

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • General Information: School Bus Service,Interstate Access
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Condominium, Multi-Family, Single Family, Zoning Change Required
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Utilities

  • Utilities: Electric to Site, Natural Gas Available, Sewer Nearby, Water Nearby

Schools

  • High School: Downers Grove South High School

Lot Info

  • Lot Size Acres: 2.75
  • Lot Dimensions: 200x600
  • Zoning: OTHER
  • Lot Size: 2.0-2.99 Acres
  • Special Assessments: N
  • Land Description: Level,Wooded

Rental Info

  • Board Number: 10

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 8791
  • 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

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
2024 $4,948 $80,160 $36,104 $44,056
2023 $4,773 $73,690 $33,190 $40,500
2022 $4,533 $70,770 $31,870 $38,900
2021 $4,165 $69,970 $31,510 $38,460
2020 $4,099 $68,590 $30,890 $37,700
2019 $3,972 $65,810 $29,640 $36,170
2018 $3,647 $59,240 $26,800 $32,440
2017 $3,526 $57,010 $25,790 $31,220
2016 $3,367 $54,410 $24,610 $29,800
2015 $3,327 $51,190 $23,150 $28,040
2014 $3,271 $55,750 $22,510 $33,240
2013 $3,950 $65,080 $32,000 $33,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2026 02/10/26 For Sale $500,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Warranty Deed $165,000 First American Title
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12565540

Midwest Real Estate Data (MRED)

APN: 10-06-200-005

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