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Office Building with Gated Parking
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1742 E 87th Street, Chicago, IL 60617

Well-maintained medical-oriented office suites with individual sinks, shared restrooms, and extensive gated parking for sale or lease.

Property Size3,053 SF
Days on Market71

Property Features for 1742 E 87th Street

General Information

Standard status Active
Size 3,053 SF
Property subtype Commercial
Zoning COMMR

Taxes and HOA fees

Annual Taxes $34,146

Building Details

Building Size 3,053 SF
Year Built 1958
Stories 9
Units 9
Listing Agency: RE/MAX Premier
Listed By: Darya Lisserman · License #475118513
Source: Perillorealestategroup
Added: Jun 1 Changed: Aug 7 Last Checked: Aug 9 at 1:35PM

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 well-maintained South Shore Medical Arts building offers flexible office suite configurations designed for professional and medical uses. Multiple suites include individual plumbing and sinks, supporting a variety of tenant setups. The building also provides three shared restrooms and additional storage space, with extensive gated parking to support day-to-day operations.

Positioned along a busy commercial corridor in a high-traffic business district, the property offers visibility and signage opportunities. The offering is available for sale or lease, with a minimum one-year lease term noted by the seller. Storage and suite plumbing make the layout workable for many service-oriented businesses, including medical and dental offices, clinics and therapy practices, and professional services.

Additional uses mentioned include day care or educational uses (subject to approvals) and light fabrication and assembly operations (subject to zoning). The property is sold as is.

Key Highlights

  • South Shore Medical Arts building built in 1958, offered for sale or lease as well‑maintained medical‑oriented office space
  • Multiple office suites with individual plumbing and sinks
  • Three shared restrooms servicing the office suites

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

798
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 units - Well-maintained medical-oriented office suites with individual sinks, shared restrooms, and extensive gated parking for sale or lease.
Where is this office units located?
The property is located at 1742 E 87th Street Chicago, IL.
What are key features of this property?
This property features: South Shore Medical Arts building built in 1958, offered for sale or lease as well‑maintained medical‑oriented office space; Multiple office suites with individual plumbing and sinks; Three shared restrooms servicing the office suites
More about this property
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