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$700,000 Just Listed
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Property 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 2963 87th St. Ideal opportunity for builders and developers seeking scale, frontage, and a municipality motivated to see thoughtful residential growth.
Full Property Details
Full Property Details for 2985 87th St
General
- Price: $700,000
- Taxes: $8,791 (2024)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12565499
- Updated: 2/10/2026
- Added to Site: 4 day(s) ago
Additional Information
- Other Features: School Bus Service, Interstate Access
Location
- Area: Darien
- County: DuPage
- Township: Downers Grove
- Driving Directions: Lemont Road N or S to 87th West to Property on South
School Information
- School District: 66
- Elem School District: 66
- Midd School District: 66
- High School District: 99
- High School: Downers Grove South High School
- Private School: Downers Grove South High School
Utilities
- Onsite: Electricity to Site, Natural Gas Available, Sewer Nearby, Water Nearby
Structural Information
- Square Feet: 2.75
- Current Bldg. Use: Single Family
Lot Features
- Lot Size (Acres): 2.75
- Lot Size Range: 2.0 to 2.99 Acres
- Lot Dimensions: 200 x 600
- Frontage: City Street
- Frontage Feet: 333
- Street/Road Desc.: Asphalt
- Potential Use: Condominium, Multi-Family, Single Family, Zoning Change Required
- Zoning: OTHER
- Lot Description: Level, Wooded
Financial Considerations
- Tax Amount: $8,791
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1006200004
Listed by Baird & Warner
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Schools
Schools serving 2985 87th St
School Districts:Center Cass School District 66, Community High School District 99
| Name | Grades | Distance |
|---|---|---|
Prairieview Elementary School, Downers Grove, IL 699 Plainfield Road, Downers Grove, IL 60516 | 3-5 | 1.2 mi |
Elizabeth Ide Elementary School 2000 Manning Road, Darien, IL 60561 | PK-2 | 1.8 mi |
Lakeview Jr High School 701 Plainfield Road, Downers Grove, IL 60516 | 6-8 | 1.1 mi |
Community H S Dist 99 - South High School 1436 Norfolk Street, Downers Grove, IL 60516 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2985 87th St
Date
Details
Price
Change
Source
2/10/2026
Listed
$700,000
-19.54%
MLS
9/30/2005
Sold
$870,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2985 87th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,791
11%
$142,415
16%
2022
$7,892
9%
$123,200
1%
2021
$7,251
2%
$121,800
2%
2020
$7,134
3%
$119,390
4%
2019
$6,915
10%
$114,560
12%
2018
$6,310
3%
$102,500
4%
2017
$6,101
2%
$98,630
2%
2016
$6,009
1%
$97,110
6%
2015
$5,938
-10%
$91,360
-9%
2014
$6,627
-14%
$100,790
-12%
2013
$7,686
-11%
$114,940
-18%
2012
$8,631
—
$140,940
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2985 87th St
2985 87th Street, Darien, IL 60561 (MLS# 12565499) is a Lots/Land property with a lot size of 2.75 acres. 2985 87th Street is currently listed for $700,000 and was received on February 10, 2026. Want to learn more about 2985 87th Street? Do you have questions about finding other Lots/Land real estate for sale in Darien? You can browse all Darien real estate or contact a Coldwell Banker agent to request more information.

