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Office Building with Gated Parking
For Sale
$250,000

1742 E 87th Street, Chicago, IL 60617

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market93

Property Features for 1742 E 87th Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning COMMR
Directions 87th to Cregier 1700 East at the northwest corner
Subdivision CHI - Avalon Park
Standard status Active
APN 20363270370000
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 34147

Amenities

individual plumbing and sinks
three shared restrooms
additional storage space
excellent signage opportunities

Building Details

Year built 1958
Number of units 9
Flooring type Varies
Building materials Brick
Roof type Rubber
Listing Agency: RE/MAX Premier · RE/MAX International
Listed By: Darya Lisserman · License #475118513
Added: Jun 1 Changed: Aug 19 Last Checked: Sep 1 at 10:06PM
MLS# 12662567

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 office property includes multiple suites with individual plumbing and sinks, along with three shared restrooms and additional storage space. Suite configurations can accommodate professional, medical, and service-oriented operations. The building is constructed of brick and has varied flooring throughout, with a rubber roof and a 1958 construction date.

The property occupies 0.143 acres at 1742 E 87th Street in Chicago’s South Shore area. Gated outdoor parking serves the building, while the commercial corridor setting provides signage opportunities. The property is zoned COMMR and is offered for sale or lease, with a minimum one-year lease term for leasing arrangements.

Key Highlights

  • Multiple office suites with individual plumbing and sinks
  • Three shared restrooms
  • Gated outdoor parking lot

Property Analytics

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

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 building - Multiple suites include individual plumbing and sinks, supporting varied professional and service-oriented office uses.
Where is this office building located?
The property is located at 1742 E 87th Street 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: Multiple office suites with individual plumbing and sinks; Three shared restrooms; Gated outdoor parking lot
More about this property
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