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Restaurant Building and Business
For Sale
$190,000

1733 W 87th Street, Chicago, IL 60620

Business Opportunity, Chicago, IL

Property SizeContact for details
Lot Size0.26 Acres
Days on Market478

Property Features for 1733 W 87th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions GO WEST ON 87TH STREET TO 1733 W 87ST(WEST OF ASHLAND)
Subdivision CHI - Auburn Gresham
Standard status Active
APN 25062030090000
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 15616

Utilities

Cooling system Central Air

Building Details

Floors in Building 1
Listing Agency: Keller Williams Preferred Rlty · Keller Williams Realty
Listed By: Paula Boudos · License #475164071
Added: May 7, 2025 Changed: Aug 20 Last Checked: Aug 27 at 11:06PM
MLS# 12338500

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 Chicago restaurant property combines an operating carryout and dine-in business with the underlying building. The operation has an emphasis on catering, while the existing layout supports customer pickup and on-site dining. Central air conditioning serves the space. Restaurant equipment is available separately, allowing a purchaser to acquire the fixtures and equipment independently or pursue the business and real estate together.

The property is located at 1733 W 87th Street in Chicago’s 60620 ZIP code and occupies a 0.2594-acre double lot. The parking area is identified by two separate property pins. Zoning is designated COMMR, and the site’s configuration provides a foundation for continued restaurant use or evaluation of another business concept.

Key Highlights

  • Operating carryout and dine‑in restaurant business with catering emphasis
  • Building and restaurant business offered together
  • 0.2594‑acre double lot

Property Analytics

Current Use

Perruso Drive-In Cleaners (Bike/Boat/Book/etc) Store ParkChicago #405607 Parking Lot & Garage Eat And Run Restaurant ... Restaurant

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Gym & Fitness Center Skin Care Clinic Cafe & Coffee 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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

963
Businesses Nearby
140k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 59% Shops & Services 41%
McDonald's Dining
26,645 visits/mo 0.4 miles
Wendy's Dining
22,597 visits/mo 0.2 miles
Dollar Tree Shops & Services
18,010 visits/mo 0.2 miles
Popeyes Louisiana Kitchen Dining
11,728 visits/mo 0.2 miles
Citibank Shops & Services
9,451 visits/mo 0.3 miles

Demographics for 60620, IL

66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
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?
Conventional restaurant - Carryout and dine-in restaurant with catering-oriented operations, central air, and a paved parking lot on a double lot.
Where is this conventional restaurant located?
The property is located at 1733 W 87th Street 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: Operating carryout and dine‑in restaurant business with catering emphasis; Building and restaurant business offered together; 0.2594‑acre double lot
More about this property
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