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Medical Arts Building with Parking
For Sale
$250,000

1742 East 87th Street, Chicago, IL 60617

Well-maintained building with fully built-out office suites, plumbing in every office, and large outdoor parking.

Property SizeContact for details
Days on Market68

Property Features for 1742 East 87th Street

General Information

Standard status Active
Total Parking Spaces 30
Property subtype Office
Zoning B3-1

Building Details

Year Built 1958
Tenancy Multi
Listing Agency: RE/MAX
Listed By: Darya Lisserman · License #475118513
Source: Remaxcommercial
Added: Jun 3 Changed: Aug 8 Last Checked: Jul 20 at 6:07PM

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 South Shore Medical Arts building offers multiple office suites configured for professional, medical, and service-oriented businesses. The suites are fully built out, with plumbing in every office. The property is presented for sale or lease, and each office is independently owned and operated, supporting flexible use for current and future tenants.

Located in a busy commercial corridor, the building benefits from strong visibility and signage opportunities. The property is served by a large outdoor parking lot, providing convenient on-site parking for clients, staff, and visitors.

As an owner-user or investor, you can consider the building for a range of office-based uses that require in-suite plumbing and ready-to-occupy conditions. The suite-by-suite ownership structure may also appeal to parties looking for operational flexibility while maintaining a consolidated building footprint with shared access to the outdoor parking lot.

Key Highlights

  • South Shore Medical Arts building built in 1958 with multiple office suites
  • Plumbing in every office suite, supporting office, medical, and service uses
  • Fully built‑out office suites for tenant‑ready functionality

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.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

798
Businesses Nearby
Under-served
Demand for This Use

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
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Well-maintained building with fully built-out office suites, plumbing in every office, and large outdoor parking.
Where is this medical office space located?
The property is located at 1742 East 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: South Shore Medical Arts building built in 1958 with multiple office suites; Plumbing in every office suite, supporting office, medical, and service uses; Fully built‑out office suites for tenant‑ready functionality
More about this property
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