1851 E 87th ST, Chicago, IL 60617
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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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Joanne Maher

Joanne Maher

+1(815) 355-0750
$ 399,999
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1851 E 87th ST Chicago, IL 60617

2,930 SqFt

UPDATED:

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 

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Joanne Maher

Joanne Maher

Broker License ID: 475.130055

+1(815) 355-0750

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1851 E 87th ST

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