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Mixed-Use Building with Storefront
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1720 W 87th St, Chicago, IL 60290

6,300 SF mixed-use building with storefront and apartment.

Property Size6,300 SF
Lot Size0.22 Acres
Days on Market133

Property Features for 1720 W 87th St

General Information

Standard status Active
Size 6,300 SF
Lot size 0.22 Acres
Property subtype Mixed Use
Listing Agency: Millennium Properties R/E
Listed By: Brad Thompson · License #IL 471013662
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Aug 8 at 7:10AM

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 Millennium Properties R/E

Investment Insights

Based on property information with market context.

This 6,300 square foot mixed-use building is located at the corner of Honore and 87th. The property features a 4,600 square foot storefront and a 1,700 square foot two-bedroom, two-bath apartment. The storefront space, previously used as a daycare, is currently in vanilla box condition. A pedestal sign enhances visibility at the corner. The site includes a 3,000 square foot fenced parking lot. The property is located in the Auburn Gresham neighborhood on the southwest side of Chicago, convenient to a large number of homes with 32,000 residents within a one-mile radius. The land area is 9,375 square feet and is zoned B1-1. The location is suitable for a variety of businesses. A number of local and national retailers are located nearby, including Walgreens, Dunkin’ Donuts, Enterprise Rent-A-Car, and J&J Fish. The traffic count is 37,400 cars daily. Taxes for 2015 were $24,095.

Key Highlights

  • 6,300 SF mixed‑use building featuring a 4,600 SF storefront and a 1,700 SF 2 bed, 2 bath apartment.
  • Includes a 3,000 SF dedicated fenced parking lot.
  • High traffic location with 37,400 cars daily.

Property Analytics

Current Use

Ramsey Realty Group, ... Real Estate Agency Empire-3d Dance Studio Training Center Stephen Ramsey, Ramsey ... Real Estate Agency Smelly Fresh (Bike/Boat/Book/etc) Store Hazel Lowe's Boutique Clothing & Fashion Store

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply HVAC Service Big Box & Wholesale Store 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.

Location Intelligence

Trade Area within ½ mile

719
Businesses Nearby
76k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 52% Shops & Services 43% Electronics 5%
Wendy's Dining
19,693 visits/mo 0.5 miles
McDonald's Dining
17,968 visits/mo 0.4 miles
Shell Shops & Services
7,425 visits/mo 0.1 miles
Citgo Shops & Services
6,991 visits/mo 0.2 miles
Citgo Shops & Services
5,720 visits/mo 0.4 miles

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?
Mixed-use property - 6,300 SF mixed-use building with storefront and apartment.
Where is this mixed-use property located?
The property is located at 1720 W 87th St Chicago, IL.
What are key features of this property?
This property features: 6,300 SF mixed‑use building featuring a **4,600 SF storefront** and a 1,700 SF 2 bed, 2 bath apartment.; Includes a **3,000 SF dedicated fenced parking lot.**; High traffic location with 37,400 cars daily.
(312) 338-3000 Call to check price and availability
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