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Two-Unit Retail Building
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1301-1309 E 87th Street, Chicago, IL 60619

Two retail spaces in a 1964 building with 13 parking spaces and high-visibility B3-1 frontage.

Property Size9,734 SF
Price / SF$79.62
Days on Market65

Property Features for 1301-1309 E 87th Street

General Information

Standard status Active
Size 9,734 SF
Total Parking Spaces 13
Property subtype Retail
Zoning B3-1
Investment Type Owner/User

Additional Details

Traffic Count 14,800 vehicles/day

Amenities

exterior security gates
vault room
basement storage

Building Details

Year Built 1964
Buildings 1
Units 2
Tenancy Multi
Listing Agency: Miller Chicago
Listed By: Andrea Miller · License #IL 471016960
Source: Crexi
Added: Jul 3 Changed: Aug 28 Last Checked: Sep 1 at 10:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Miller Chicago

Investment Insights

Based on property information with market context.

This 1964 retail building at 1301-1309 E 87th Street offers two commercial/retail spaces in one structure. The property includes a total of 13 parking spaces, with 6 in front and 7 in back. Interior features include 4 bathrooms and a basement for additional storage, along with security improvements such as exterior security gates and a vault room.

The building is described as having high-visibility frontage, supported by traffic counts of 14,800 vehicles per day. The property is zoned B3-1.

With two retail suites, on-site parking in both front and rear lots, and dedicated basement storage, the layout is suited for tenants looking for straightforward, street-facing retail space within an established commercial zone.

Key Highlights

  • Calumet Heights retail building built in 1964 with two commercial/retail spaces
  • High‑visibility frontage on E 87th Street with traffic counts of 14,800 vehicles per day
  • Zoned B3‑1 and located at 1301–1309 E 87th Street, Chicago, IL 60619

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply HVAC Service Gym & Fitness Center Skin Care Clinic

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

Lease Details

14,800 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

1,136
Businesses Nearby
114k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 66% Shops & Services 33% Electronics 1%
McDonald's Dining
26,645 visits/mo 0.3 miles
Wendy's Dining
22,597 visits/mo 0.5 miles
Dollar Tree Shops & Services
18,010 visits/mo 0.5 miles
Popeyes Louisiana Kitchen Dining
11,728 visits/mo 0.4 miles
Citibank Shops & Services
9,451 visits/mo 0.4 miles

Demographics for 60619, IL

63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Two retail spaces in a 1964 building with 13 parking spaces and high-visibility B3-1 frontage.
Where is this retail space located?
The property is located at 1301-1309 E 87th Street Chicago, IL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Calumet Heights retail building built in 1964 with two commercial/retail spaces; High‑visibility frontage on E 87th Street with traffic counts of 14,800 vehicles per day; Zoned B3‑1 and located at 1301–1309 E 87th Street, Chicago, IL 60619
(312) 513-8333 Call to check price and availability
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