IL
Cook
Chicago
60617
1851 E 87th Street
1851 E 87th Street, Chicago, IL 60617
Share Listing
Listing Type
Commercial/Industrial
Listing Status
Active
19
$524,900

Home Details for 1851 E 87th Street

Price
$524,900
Type
Commercial Sale
Year built
1946
County
Cook
Days on site
1
MLS Listing#
12650434
Property Description

EXCELLENT owner-user or investor opportunity on Chicago's East 87th Street commercial corridor. This one-story commercial storefront property includes 2 PIN numbers, approximately 2,930 sq ft of building area, approximately 6,250 sq ft of land, 3 units, and 3 bathrooms. The property underwent substantial renovations in 2023, with reported improvements totaling over $362,000, including work related to architectural services, demolition, masonry/storefront, carpentry, roofing, drywall/ceiling, flooring, painting, plumbing, HVAC, electrical, and cleaning. The sale also includes business-related assets, with approximately $20,000 in equipment and $24,000 in fixtures, creating a strong turnkey opportunity for the next operator or investor. Located along a visible commercial stretch of E 87th St, this property offers strong neighborhood exposure and flexible use potential for retail, service, office, or business operations. The 3-unit configuration provides added functionality for an owner-occupant, multi-tenant setup, or income-producing strategy. With major capital improvements already completed, and a larger two-parcel site, this is a rare opportunity. Property is being sold as-is.

Property Features
  • Cooling Information
    • Central Air
  • Utilities
    • Natural Gas Available
Listing Courtesy: Ford Desired Real Estate LLC - 773-379-4663
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-05-19 16:41:09. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-05-19 16:41:09
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Midwest Real Estate Data.
EXIT TRUE DESIGN REALTY
11070 S. Western Ave. Unit 6 and 11, Chicago, IL 60643
Office
708 573 8801
Request more details
Code: