Grocery Store Space with
For Lease
$12.86 SF/Yr
1924 E 87th Street, Chicago, IL 60617
Existing shelving and refrigeration support an efficient specialty food or convenience retail setup.
Space Size4,200 SF
Days on Market43
Property Features for 1924 E 87th Street
General Information
Standard status
Active
Size
4,200 SF
Net Rentable
4,200 SF
Lease Type
Gross
Space & Availability
Available Space
4,200 SF
Contiguous Space
4,200 SF
Space Use
Grocery
Taxes and HOA fees
Annual Taxes
$3,219
Building Details
Year Built
1954
Stories
1
Listing Agency:
Realty of America, LLC
(708) 788-1900
Listed By:
Laura Rodriguez · License #475168402
(708) 788-1900
Source:
Allinonerealestateco
Added: Jul 6
Changed: Aug 17
Last Checked: Aug 17 at 3:31AM
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 Realty of America, LLC
Investment Insights
Based on property information with market context.
This 4,200 SF grocery and convenience retail unit includes installed shelving racks and refrigerated coolers, giving an incoming operator established store infrastructure. The space is suited to grocery, convenience, and specialty food retail uses, with customer parking available on site. The building was constructed in 1954.
The property is positioned at 1924 E 87th Street in Chicago, on E 87th Street within an established retail corridor. The offering is structured as a gross lease, providing a straightforward occupancy arrangement for a grocery or convenience retailer. Existing fixtures and equipment can reduce the amount of initial store installation required, subject to the tenant’s operational needs.
The property is positioned at 1924 E 87th Street in Chicago, on E 87th Street within an established retail corridor. The offering is structured as a gross lease, providing a straightforward occupancy arrangement for a grocery or convenience retailer. Existing fixtures and equipment can reduce the amount of initial store installation required, subject to the tenant’s operational needs.
Key Highlights
- 4,200 SF grocery and convenience retail unit
- Existing shelving racks are included
- Refrigerated coolers are already installed
Property Analytics
Property Profile
Current Use
Lease Details
Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
945
Businesses Nearby
110k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Dining 49%
Wendy's
Dining
22,597 visits/mo
0.4 miles
Dollar Tree
Shops & Services
18,010 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
11,728 visits/mo
0.4 miles
Citibank
Shops & Services
9,451 visits/mo
0.4 miles
BP
Shops & Services
9,108 visits/mo
0.1 miles
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
$24 /SF/Yr
Avg Asking Price
$15–$33 /SF/Yr
Price Range
12,242 SF
Avg Space Size
This space is priced 46% below the average of $24 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Similar Off Market Nearby
- HAPPY HOUR MARKET — 1654 E 87th St, Chicago, IL 60617
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Existing shelving and refrigeration support an efficient specialty food or convenience retail setup.
Where is this grocery and convenience store located?
The property is located at 1924 E 87th Street Chicago, IL.
What is the lease rate?
The lease rate is $12.86 SF/Yr.
What are key features of this property?
This property features: 4,200 SF grocery and convenience retail unit; Existing shelving racks are included; Refrigerated coolers are already installed
