Medical Office Building with
For Lease
$48 SF/Yr
1742 East 87th Place, Chicago, IL 60617
Well-maintained medical-focused suites with outdoor parking and plumbing in every office for professional use.
Property Size100 SF
Days on Market58
Property Features for 1742 East 87th Place
General Information
Standard status
Active
Size
100 SF
Property subtype
Office
Building Details
Year Built
1958
Tenancy
Multi
Listing Agency:
RE/MAX
Listed By:
Darya Lisserman
Source:
Remaxcommercial
Added: Jun 3
Changed: Jul 10
Last Checked: Jul 30 at 2:27AM
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
Investment Insights
Based on property information with market context.
This well-maintained South Shore Medical Arts building offers multiple office suites designed for professional, medical, and service-oriented businesses. The individual offices have plumbing, and each office is independently owned and operated, providing flexible options for tenants or owner-users.
The property sits on a busy commercial corridor with outstanding visibility and signage opportunities, supporting day-to-day business traffic. An on-site outdoor parking lot is available to serve staff and visitors.
For tenants seeking a medical-office environment, the building’s suite-based layout and in-office plumbing can help streamline everyday operations. The independently operated offices also allow buyers and operators to consider space in a way that fits their specific business needs. The property is offered for lease, with the marketing indicating flexibility to purchase or lease space within the building.
The property sits on a busy commercial corridor with outstanding visibility and signage opportunities, supporting day-to-day business traffic. An on-site outdoor parking lot is available to serve staff and visitors.
For tenants seeking a medical-office environment, the building’s suite-based layout and in-office plumbing can help streamline everyday operations. The independently operated offices also allow buyers and operators to consider space in a way that fits their specific business needs. The property is offered for lease, with the marketing indicating flexibility to purchase or lease space within the building.
Key Highlights
- South Shore Medical Arts Building built in 1958, offering office/medical/retail suites
- 1742 East 87th Place, Chicago, IL 60617—located in a busy commercial corridor
- Multiple office suites, each equipped with plumbing in every office
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$7.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
963
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Lease Benchmarks for Chicago, IL
$26.19 /SF/Yr
Avg Asking Price
$8–$69 /SF/Yr
Price Range
3,383 SF
Avg Space Size
This space is priced 83% above the average of $26.19 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Well-maintained medical-focused suites with outdoor parking and plumbing in every office for professional use.
Where is this medical office space located?
The property is located at 1742 East 87th Place Chicago, IL.
What is the lease rate?
The lease rate is $48 SF/Yr.
What are key features of this property?
This property features: South Shore Medical Arts Building built in 1958, offering office/medical/retail suites; 1742 East 87th Place, Chicago, IL 60617—located in a busy commercial corridor; Multiple office suites, each equipped with plumbing in every office
