1851 E 87th ST, Chicago, IL 60617
1851 E 87th ST, Chicago, IL 60617
1851 E 87th ST, Chicago, IL 60617
1851 E 87th ST, Chicago, IL 60617
1851 E 87th ST, Chicago, IL 60617
1851 E 87th ST, Chicago, IL 60617
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Legacy Properties

Legacy Properties

+1(224) 999-9100
$ 399,999
Est. payment | /mo

2,930 SqFt

Save
$ 399,999
Est. payment | /mo
Save

2,930 SqFt

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 2,930 sqft

Price per Sqft $136

MLS Listing ID 12650434

Year Built 1946

Annual Tax Amount $7,269

Tax Year 2025

Lot Dimensions 40X150

Property Sub-Type Retail/Stores

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.

Location

State IL

County Cook

Area Chi - Calumet Heights

Zoning RTAIL

Interior

Cooling Central Air

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available

Roof Type Tar/Gravel

Building

Dwelling Type Retail/Stores

Water Municipal Water

Structure Type Brick,Concrete

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Kanaan Deer of  Ford Desired Real Estate LLC 

Nearby Locations

Legacy Properties

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9100

managingbroker@legacypropertiesil.com

2325 Dean St, Suite 900, St Charles, Illinois 60175, USA

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1851 E 87th ST