$399,000
1401 E 87th Street
Chicago, IL, 60619
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:
Active
Beds:
0
Baths:
0
Address:
1401 E 87th Street
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
CHI – Calumet Heights
City:
Chicago
Listed Date:
Jan 9, 2025
State:
IL
Finished Sq Ft:
6,826
Total Sq Ft:
6,826
ZIP:
60619
Year Built:
1958
Schools
Interior
Cooling
Central Air, Window Unit(s)
Exterior
Financial
Tax Year
2023
Taxes
$3,280
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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1401 E 87th Street
Chicago, IL
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