Under contract
Contingent
1401 E 87th Street
Chicago IL, 60619
$399,000
$58.45 per sqft
Under contract
Contingent
6,826 sqft
Other
Built in 1958
Courtesy of @properties Christie's International Real Estate
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.
11820183
MLSⓇ ID
June 29, 2023
Listed
November 25, 2024
Updated
Map
1401 E 87th Street
Chicago IL, 60619
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Window Unit(s)
Heating
No
Exterior/Building Features
Lot Size
0.09 Acres
Other Property Details
Area Name
CHI - Calumet Heights
Taxes
$3,280
Tax Frequency
Annually
Days on Market
462
Garage
No
View
No
County
Cook
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
10/2/2024 | Under contract | — |
6/1/2024 | Price change | $399,000 -3% |
Courtesy of @properties Christie's International Real Estate, Pamela Tuggle,
Listing Contact: 773-472-0200
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Larita Thomas are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 11/25/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
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Data last updated 4:35 PM UTC, 11/25/2024
