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Grocery and Convenience Store Building
For Sale
Contact for pricing
Pending

717 E 87th Street, Chicago, IL 60619

Retail layout features a front sales area, extensive rear storage, and an on-site parking lot.

Property Size4,500 SF
Lot Size0.28 Acres
Days on Market148

Property Features for 717 E 87th Street

General Information

Standard status Pending
Size 4,500 SF
Lot size 0.28 Acres
Property subtype Retail

Additional Details

Highway Access Yes
Liquor License Yes

Amenities

parking lot

Building Details

Buildings 1
Listing Agency: @properties Commercial Chicago
Listed By: Dylan Carrigan · License #IL 475182088
Source: Crexi
Added: Apr 11 Changed: Sep 4 Last Checked: Sep 3 at 12:51PM

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 @properties Commercial Chicago

Investment Insights

Based on property information with market context.

This 4,500 SF commercial building occupies a 12,000 SF lot with an on-site parking area. The interior is arranged with a smaller customer-facing retail section toward the front and substantial storage space in the rear. The property has been closed since June 2020 after being looted; the electrical panel and walk-in cooler condensers were stolen. Remaining equipment, furniture, and transferable licenses are included in the sale, while the former business name is excluded. The transferable licenses include a Retail Food and Packaged Goods Liquor License.

The property is at 717 E 87th Street in Chicago’s Chatham neighborhood, west of Cottage Grove. The 87th Street Red Line station is 0.9 miles away, with expressway access, bus stops, and Divvy stations nearby. Surrounding tenants include Walgreens, AT&T Store, Chase Bank, PNC Bank, Seaway Federal Credit Union, and New China Express.

Key Highlights

  • 4,500 SF commercial building on a 12,000 SF lot
  • Front retail area paired with substantial rear storage space
  • On‑site parking lot included

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic HVAC Service Building Supply Auto Repair Shop

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

Yes
Highway access
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

853
Businesses Nearby
93k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 59% Apparel 33% Dining 5% Electronics 3%
Nike Factory Store Apparel
20,344 visits/mo 0.3 miles
Family Dollar Shops & Services
14,257 visits/mo 0.4 miles
PNC Bank Shops & Services
11,235 visits/mo 0.1 miles
Dollar Tree Shops & Services
10,475 visits/mo 0.3 miles
Dollar General Shops & Services
8,630 visits/mo 0.5 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Retail layout features a front sales area, extensive rear storage, and an on-site parking lot.
Where is this grocery and convenience store located?
The property is located at 717 E 87th Street Chicago, IL.
What are key features of this property?
This property features: 4,500 SF commercial building on a 12,000 SF lot; Front retail area paired with substantial rear storage space; On‑site parking lot included
(312) 506-0200 Call to check price and availability
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