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Renovated Mixed-Use Building
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2800 E 87th St, Chicago, IL 60617

Ground-floor retail accompanies renovated residential apartments in a permitted Chicago mixed-use property.

Property SizeContact for details
Days on Market144

Property Features for 2800 E 87th St

General Information

Standard status Active
Property subtype Mixed Use, Multifamily, Retail
Listing Agency: john greene Real Estate
Listed By: Jon Waldron · License #IL 475165468
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 10:14PM

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 john greene Real Estate

Investment Insights

Based on property information with market context.

This mixed-use building combines a ground-level retail suite with residential space comprising one duplex and four apartments. The residential units are configured as 3-bedroom, 2-bath layouts and have been renovated with updated finishes, appliances, and mechanical systems. The retail component measures approximately 1,200 SF and includes two restrooms, with an additional 400 SF of basement storage.

Renovation work included a new roof, windows, mechanical systems, appliances, and concrete improvements around the property. The work was permitted through the City of Chicago. Located at 2800 E 87th St in Chicago, the property offers a combination of commercial and residential uses within one building.

Key Highlights

  • Mixed‑use building with ground‑floor retail, one duplex, and four apartments
  • Retail suite includes approximately 1,200 SF, two restrooms, and 400 SF of basement storage
  • Residential layouts are 3 bed/2 bath

Property Analytics

Current Use

Dr. Surender Lal, ... Physician Union Health Physician Cruz-Carandang Pamela A MD Physician Hesham Wazwaz M.D. Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Cafe & Coffee Shop Pharmacy (Bike/Boat/Book/etc) Store

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

650
Businesses Nearby

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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor retail accompanies renovated residential apartments in a permitted Chicago mixed-use property.
Where is this mixed-use property located?
The property is located at 2800 E 87th St Chicago, IL.
What are key features of this property?
This property features: Mixed‑use building with ground‑floor retail, one duplex, and four apartments; Retail suite includes approximately 1,200 SF, two restrooms, and 400 SF of basement storage; Residential layouts are 3 bed/2 bath
More about this property
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