1030-1034 E 87th Street Chicago, IL ^$ 500,000

1030-1034 E 87th Street

^$ 500,000

Back to search

1030-1034 E 87th Street

Chicago, IL, 60619

^$ 500,000

Studio Baths0.0

Monthly Estimate*

^$ 3,119

1030-1034 E 87th Street, Chicago, IL 60619 - Image 1

1030-1034 E 87th Street, Chicago, IL 60619 - Image 2

1030-1034 E 87th Street, Chicago, IL 60619 - Image 3

1030-1034 E 87th Street, Chicago, IL 60619 - Image 4

1030-1034 E 87th Street, Chicago, IL 60619 - Image 5

1030-1034 E 87th Street, Chicago, IL 60619 - Image 6

1030-1034 E 87th Street, Chicago, IL 60619 - Image 7

View a Virtual Tour

Studio

Lots and Land for sale in Chicago, IL

for $500,000. The lot size is 8.67.

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.)

Lots and Land Contingent

Price

^$ 500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 33,256

Style

Recreational

Lot Size

8.67

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12116990

Features

General

Heating None

Cooling None

Utilities Electricity Nearby Natural Gas Nearby Sewer Nearby

Possession Closing

Zoning COMMR

Township Hyde Park

Tax Year 2023

Current Use Recreational

Ownership Fee Simple

Additional Parcels Description 20353180400000

County Cook

Property Type Land Land

Contingency Attorney/Inspection

Possible Use Commercial Residential Multi-Family Single Family

Status Contingent

Directions 87th Street E or West to 1034 E 87th. Turn north to through side drive through parking lot to the site.

High School Chicago Vocational Career Acad S

City Chicago

High School District 299

MLS Area CHI - Chatham

Elementary School Avalon Park Elementary School

Tax Annual Amount 33256.54

Additional Parcels Y/N Y

Virtual Tour https://drive.google.com/drive/folders/1RmsH1iVND5IyGwneac1wVOOX5J6I5PQQ

Standard Status Active Under Contract

Middle/Junior School District 299

Elementary School District 299

Exterior

Total Parking 0

Lot Dimensions 40.8X658.8X630.5X355.7X249X259.4X1432.4

Lot Size Acres 8.67

Road Surface Type Dirt Gravel

Frontage Length 50

Frontage Type City Street Private Road

Waterfront Y/N N

Interior

Total Baths 0

* Excluded Features

List By

Coldwell Banker Realty

Broker

michael.lafargue@cbexchange.com;michael.lafargue@cbexchange.com

Affordability Calculator

$5,891

Per Month

Monthly Principal & Interest: $3,119
Monthly Property Taxes: $2,771
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Lots and land listings in Chicago, IL

Average List Price ^$345,301

Percent of Sale Price 31%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4830002 Elementary School

566846 Middle School

Chicago Vocational Career Acad S High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/19/2025	$500,000	-70.59%	Price Down
10/3/2024	$1,699,950		Listed Price

Map

More homes like this one

homes for you

See all

1030-1034 E 87th Street, Chicago, IL, 60619 is a Lots and Land for sale at $500,000 with a lot size of 8.67. 1030-1034 E 87th Street is a studio with 0.0 baths. The property's zip code is 60619 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/7/2025.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

1030-1034 E 87th Street

Lots and Land for sale in Chicago, IL

Affordability Calculator

Map

More homes like this one

Get more info about this home