Active
1859 E 87th Street
Chicago IL, 60617
$650,000
$224.14 per sqft
Active
2,900 sqft
Other
Built in 1963
Courtesy of Keller Williams Preferred Rlty
Prime Chicago Commercial Investment Opportunity !!!!! This is your chance to invest in the heart of Chicago! Presenting a unique and lucrative investment property that combines the best of both worlds: Six spacious, well-appointed apartments and Six versatile storefronts, all under one roof! This property offers the perfect blend of residential and commercial income. This South Side property has excellent foot traffic, it's located on a main well known Street. This location is surrounded by numerous restaurants, shops, and public transpiration !! All 6 apartments feature 1 bedroom, 1 bath and all similar updates. All 6 apartments are rented and are bringing in income .All 6 versatile storefronts feature large display windows, ideal for entrepreneurs and business looking for prime retail or office space .Each storefront features high visibility and great rental income. 4 Storefronts are leased , 2 are ready for you to bring your vision to life . There are currently two beauty shops, a real estate office, and a mailing center. With a strong rental history and the thriving location, this property promises excellent cash flow and long-term growth potential for investors .The combination of residential and commercial spaces diversifies your income streams, making a robust investment opportunity. Don't miss out on this amazing investment opportunity . Contact me today to schedule a viewing and explore the the potential of this unique property. This property is being sold as is !!!
11983600
MLSⓇ ID
February 17, 2024
Listed
November 25, 2024
Updated
Map
1859 E 87th Street
Chicago IL, 60617
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Window Unit(s)
Heating
No
Exterior/Building Features
Lot Size
0.09 Acres
Other Property Details
Area Name
CHI - Calumet Heights
Taxes
$5,062
Tax Frequency
Annually
Days on Market
272
Garage
No
View
No
County
Cook
Pool
No
Courtesy of Keller Williams Preferred Rlty, Kristen Roussev,
Listing Contact: 773-558-2004
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Data last updated 4:46 PM UTC, 11/25/2024