1401 E 87th Street, Chicago, IL 60619

  • $399,000
  • $460,000
1401 E 87th Street, Chicago, IL 60619
  • Commercial Sale
  • Property Type
  • 1958
  • Year Built
For Sale
1401 E 87th Street, Chicago, IL 60619
  • $399,000
  • $460,000

Overview

Property ID: 4619241
  • Commercial Sale
  • Property Type
  • 1958
  • Year Built

Description

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.

  • Address 1401 E 87th Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60619
  • Country United States

Details

Updated on August 26, 2024 at 2:36 pm
  • Property ID: 4619241
  • Price: $399,000
  • Year Built: 1958
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 6826
  • MLS#: MRD11820183
  • Office Name: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE
  • Agent Name: Pamela Tuggle
  • MLS Status: Active
  • Living Area Prefix: SqFt

Additional details

  • List Office MLSID: MRD85774
  • List Agent MLSID: MRD179591
  • List Date: 2023-06-29T20:22:05.000Z
  • Cooling: Central Air,Window Unit(s)
  • Tax Annual: 7573
  • Tax Year: 2021
  • County: Cook
  • Property SubType: Mixed Use

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