One-Story Storefront with Three
1851 E 87th Street Chicago, IL 60617
1851 E 87th Street, Chicago, IL, 60617
$499,000
For Sale
$499,000
Three-unit one-story storefront was substantially renovated in 2023 and is offered with business-related fixtures and equipment.
Days on Market64
Property Features for 1851 E 87th Street
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1946
Listing agency
Ford Desired Real Estate LLC
(773) 379-4663
Listed by
Kanaan Deer
(773) 379-4663
Source
Birdrealtysells
Added: May 19 Updated: Jul 20 at 8:06PM Checked: Jul 20 at 8:06PM
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 Ford Desired Real Estate LLC
Investment Insights
Based on property information with market context.
This one-story commercial storefront property includes a three-unit configuration with three bathrooms and is offered for sale as-is. The sale also includes business-related assets, including approximately $20,000 in equipment and $24,000 in fixtures, supporting a turnkey transition for the next operator or investor. The property consists of two PIN numbers and totals approximately 2,930 sq ft of building area on approximately 6,250 sq ft of land.
The property underwent substantial renovations in 2023, with reported improvements totaling over $362,000. Reported work includes architectural services, demolition, masonry/storefront, carpentry, roofing, drywall/ceiling, flooring, painting, plumbing, HVAC, electrical, and cleaning, reflecting major capital updates already completed.
Located along a visible commercial stretch of E 87th St, the property is positioned for flexible use by retail, service, office, or other business operations. The multi-unit layout can support a variety of occupancy and income approaches depending on the buyer’s needs.
The property underwent substantial renovations in 2023, with reported improvements totaling over $362,000. Reported work includes architectural services, demolition, masonry/storefront, carpentry, roofing, drywall/ceiling, flooring, painting, plumbing, HVAC, electrical, and cleaning, reflecting major capital updates already completed.
Located along a visible commercial stretch of E 87th St, the property is positioned for flexible use by retail, service, office, or other business operations. The multi-unit layout can support a variety of occupancy and income approaches depending on the buyer’s needs.
Key Highlights
- One‑story commercial storefront built in 1946 with approx. 2,930 sq ft building area
- Substantial renovations completed in 2023 with reported improvements over $362,000 across multiple trades
- 3‑unit configuration with 3 bathrooms, suitable for owner‑user or multi‑tenant income strategy
Property Analytics
Location Intelligence
Current Use by Public Records
2 Scoops Ice ...
Grocery & Convenience Store
Similar For Sale Nearby
Similar Off Market Nearby
- Florist — 8531 S Dorchester Ave, Chicago, IL 60619
FAQs
What type of property is this?
Storefront property - Three-unit one-story storefront was substantially renovated in 2023 and is offered with business-related fixtures and equipment.
Where is this storefront property located?
The property is located at 1851 E 87th Street Chicago, IL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: One‑story commercial storefront built in 1946 with approx. 2,930 sq ft building area; Substantial renovations completed in 2023 with reported improvements over $362,000 across multiple trades; 3‑unit configuration with 3 bathrooms, suitable for owner‑user or multi‑tenant income strategy
