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Flexible Office Units with Gated Parking
For Sale
$250,000

1742 E 87th St, Chicago, IL 60617

Multi-suite office property with private plumbing, shared restrooms, storage, and secured outdoor parking in a busy commercial corridor.

Property Size3,053 SF
Price / SF$81.89
Days on Market205

Property Features for 1742 E 87th St

General Information

Standard status Active
Size 3,053 SF
Property subtype Commercial

Amenities

individual plumbing and sinks in office suites
three shared restrooms
additional storage space
excellent signage opportunities
flexible suite configurations

Building Details

Year Built 1958
Listing Agency: RE/MAX Premier
Listed By: Darya Lisserman (847) 877-4157 · License #475118513
Source: Searchillinoishomesforsale
Added: Mar 3 Changed: Sep 22 Last Checked: Sep 22 at 4:58PM

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 RE/MAX Premier

Investment Insights

Based on property information with market context.

This 3,053-square-foot office property at 1742 E 87th St includes multiple suites designed for flexible professional and service-oriented occupancy. Individual plumbing and sinks within the suites support a range of office configurations, while three shared restrooms and additional storage contribute practical building functionality. Constructed in 1958, the property is described as well maintained and includes gated outdoor parking.

Positioned in Chicago’s South Shore area, the building sits within a busy commercial corridor with visibility and signage opportunities. The layout may accommodate medical, dental, therapy, professional, government, nonprofit, beauty, and service-oriented office uses, subject to applicable approvals. The property is available for sale or lease with a minimum one-year lease term and is offered in its existing condition.

Key Highlights

  • 3,053 SF office property at 1742 E 87th St, Chicago, IL 60617
  • Multiple office suites with individual plumbing and sinks
  • Gated outdoor parking lot

Property Analytics

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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

719
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Office units - Multi-suite office property with private plumbing, shared restrooms, storage, and secured outdoor parking in a busy commercial corridor.
Where is this office units located?
The property is located at 1742 E 87th St 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: 3,053 SF office property at 1742 E 87th St, Chicago, IL 60617; Multiple office suites with individual plumbing and sinks; Gated outdoor parking lot
More about this property
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