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Grocery Store with Refrigerated Coolers
New
For Sale
$389,000

1924 E 87th Street, Chicago, IL 60617

Existing shelving, coolers, and customer parking support grocery, convenience, or specialty food operations.

Property Size4,200 SF
Price / SF$92.62
Days on Market7

Property Features for 1924 E 87th Street

General Information

Standard status Active
Size 4,200 SF
Property subtype COMMERCIAL

Taxes and HOA fees

Annual Taxes $2,961
Listing Agency: Realty of America, LLC
Listed By: Laura Rodriguez · License #475168402
Source: Dawnmckennagroup
Added: Sep 21 Changed: Sep 26 Last Checked: Sep 26 at 2:46PM

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 grocery and convenience store property includes an approximately 4,200-square-foot retail unit fitted with shelving racks and refrigerated coolers. The existing fixtures provide a functional starting point for grocery, convenience, or specialty food use. Customer parking is available, and the property comprises three pins.

The building is located on E 87th Street in Chicago’s Southeast Side retail corridor.

Key Highlights

  • Approximately 4,200 SF retail unit
  • Shelving racks and refrigerated coolers are already installed
  • Three property pins

Property Analytics

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Current Use

AM-PM Food Mart ... Grocery & Convenience Store Heba's Finer Food ... Big Box & Wholesale Store

Suggested Use

Top Pick Law Firm Building Supply Cafe & Coffee Shop Real Estate Agency Gym & Fitness Center Skin Care Clinic

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

945
Businesses Nearby
110k
Monthly Visits Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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, coolers, and customer parking support grocery, convenience, or specialty food operations.
Where is this grocery and convenience store located?
The property is located at 1924 E 87th Street Chicago, IL.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Approximately 4,200 SF retail unit; Shelving racks and refrigerated coolers are already installed; Three property pins
More about this property
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