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2963 87th Street Darien, IL 60561 Land - Residential New

New - 13 Hours Ago
  • 2963 87th Street , Darien, IL 60561 Main Photo

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Description

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.

Property Highlights

Property Type: Land - Residential
Total Acres: 1.83 Acres
Utilities: Electric to Site, Natural Gas Available, Sewer Nearby, Water Nearby

General Information

County: DuPage
High School: Downers Grove South High School
Listed By:
Real Broker, LLC 217-960-8605
MRED MLS
$449,000
Est. $2,881/mo
New to the Market New
LOT SIZE 1.830 acres MLS#12618457
STATUSNew PROPERTY TYPELand - Residential SCHOOLDistrict 99

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Ruhl&Ruhl Realtors
563.441.1776

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2963 87th Street , Darien, IL 60561.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $449,000$449,000$449,000
Down Payment $89,800$15,715$112,250
Monthly Mortgage Amount $2,125$2,643$2,752
Taxes $625$625$625
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$197$0
Monthly Estimated Total $2,881$3,596$3,508

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