1401 E 87th Street
Chicago, IL, 60619
$399,000
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0 Baths
0 SqFt
0 Acres
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$399,000
1401 E 87th Street
Chicago, IL, 60619
MLS #MRD12268066 image #0MLS #MRD12268066 image #1MLS #MRD12268066 image #2MLS #MRD12268066 image #3MLS #MRD12268066 image #4
Well maintained 10,375 sf mixed-use building having 6,058 sf of building area is situated along the busy 87th Street business corridor. The building has ground floor office space, consisting of two occupied medical offices and one 800 SF space, freshly painted and ready to rent or house your business. The second floor has two apartments (a 1-bed, 1-bath and a 3-bed, 2-bath). The offices are interconnected and could all be occupied by a single tenant or could remain leased to two or more tenants. The property includes 14 on-site parking spaces. All tenants are long term. Easy access to the Dan Ryan Expressway, CTA Red Line, CTA bus #87 and Metra. Neighboring businesses include McDonald’s, O’Reilly Auto Parts, a Clarks gas station, and several offices, retail and commercial services. Strip mall located a few blocks east houses both national and regional tenants, including Athletico, T-Mobile, Wing Stop, H and R Block and Pete’s Produce grocery store. Solid building, below market rents, great location with steady traffic flow of 13,500 vehicles per day….makes for a great investment opportunity.

Property Details

Price:
$399,000
MLS #:
MRD12268066
Status:
Pending
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
CHI – Calumet Heights
Listed Date:
Jan 9, 2025
Total Sq Ft:
6,826
Year Built:
1958
Chi – Calumet HeightsChi – Calumet Heights

Schools

Interior

Cooling
Central Air, Window Unit(s)

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$44,636
Tax Year
2023
Taxes
$3,280
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Sep 02, 2025
1,063
Commercial Listed
164
Avg DOM
151
Avg $ / SqFt
$1,045,606
Avg List Price

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Property Summary

    1401 E 87th Street Chicago IL is a Commercial for sale in Chicago, IL, 60619. It is listed for $399,000 To schedule a showing of MLS#mrd12268066 at 1401 E 87th Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
1401 E 87th Street
Chicago, IL