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Medical Office Building with Gated Parking
For Sale
$250,000

1742 E 87th Street, Chicago, IL 60617

COMMERCIAL - Chicago, IL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market71

Property Features for 1742 E 87th Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning COMMR
Directions 87th to Cregier 1700 East at the northwest corner
Subdivision CHI - Avalon Park
Standard status Active
APN 20363270370000
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 34147

Amenities

individual plumbing and sinks
shared restrooms
storage space
signage opportunities

Building Details

Year built 1958
Number of units 9
Flooring type Varies
Building materials Brick
Roof type Rubber
Listing Agency: RE/MAX Premier · RE/MAX International
Listed By: Darya Lisserman · License #475118513
Added: Jun 1 Changed: Aug 4 Last Checked: Aug 10 at 2:06AM
MLS# 12664533

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This medical office property comprises multiple suites designed for professional, medical, and service-oriented occupancy. Each suite includes its own plumbing and sink, while the building provides three shared restrooms and additional storage areas. Flexible suite configurations accommodate a range of office layouts, and signage opportunities are available.

The property sits at 1742 E 87th Street in Chicago’s South Shore area, within a busy commercial corridor. A gated outdoor parking lot serves the building. Constructed in 1958 with brick construction, the property has a rubber roof, varied flooring, and COMMR zoning. It is available for sale or lease, with a minimum one-year lease term stated for lease transactions.

Key Highlights

  • Multiple office suites with individual plumbing and sinks
  • Three shared restrooms serve the building
  • Gated outdoor parking lot included

Property Analytics

Current Use

Holy Garden of Prayer Church Williams Jeffro Church

Suggested Use

Top Pick Law Firm Building Supply Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

798
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60617, IL

77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
Median Home Value

Market

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Multiple suites include individual plumbing and sinks, with shared restrooms and additional storage.
Where is this medical office space located?
The property is located at 1742 E 87th Street Chicago, IL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Multiple office suites with individual plumbing and sinks; Three shared restrooms serve the building; Gated outdoor parking lot included
More about this property
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