Malisa Kothe
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
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
MLS ID: 12618457
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2963 87th Street , Darien, IL 60561.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 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 |
Malisa Kothe
REALTOR®
Office: (319) 752-9933
Cell: (319) 850-6936
Licensed in IA & IL
Burlington Office
403 South Gear Avenue
Suite 105
West Burlington, IA 52655
(319) 752-9933
Suite 105
West Burlington, IA 52655
(319) 752-9933
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