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    1733 W 87Th St Chicago, IL 60620

    Under Contract
    For Sale
    $190,000

    Business Opportunity - Chicago, IL

    Property size:
    2,700 SF
    Days on Market:
    33
    Last Refresh:
    Dec 6 at 12:06 am

    Property Features for 1733 W 87Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    COMMR
    APN
    25062030090000
    Size
    2,700 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Architectural style
    Other

    Keller Williams Preferred Realty (708) 798-1111 [email protected]

    Listing agent Paula Boudos (708) 798-1111 License #475164071

    Listing date Nov 4, 2025

    MLS# 12338500 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Business Opportunity on Busy Street

    This property is currently operating as a carry-out and eat-in restaurant with a focus on catering. The owner is offering the building and business for sale as a single package. The restaurant equipment can be purchased separately for an additional cost, with a list of fixtures available. This presents an opportunity to establish a business on a busy cross street, offering significant exposure to potential customers. The double lot provides ample parking. The parking lot consists of two separate pins. The property is zoned COMMR and the building size is 2700 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Perruso Drive-In Cleaners Dry Cleaner ParkChicago #405607 Public Parking Space Eat And Run Restaurant ... Chicken Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    UNC & NEPH'S CATERING LLC, DaShuga Shack Catering and Appareals, OJG Creations

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.5813832
    Latitude
    41.7367245

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    FAQs

    What type of property is this?
    Restaurant - Restaurant for sale on a busy street with parking.
    Where is this restaurant located?
    The property is located at 1733 W 87Th St Chicago, IL.
    What is the asking price?
    The asking price for this property is $190,000.
    What are key features of this property?
    This property features: - Opportunity to own a business and building in one transaction.; - High-exposure location on a busy cross street.; - Ample parking available on a double lot.
    (708) 798-1111
    Request Owner's contact information
    1733 W 87Th St Chicago, IL 60620
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    Chicago, IL 60620
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1733 W 87Th St Chicago, IL 60620
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