Search
Brick Triplex with Retail Storefront
For Sale
Contact for pricing
Pending

2900 E 87th Street, Chicago, IL 60617

All-brick three-unit building plus a small storefront, marketed for day care use and investment redevelopment.

Property SizeContact for details
Days on Market409

Property Features for 2900 E 87th Street

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Multifamily

Additional Details

Multifamily Units 3

Building Details

Year Built 1885
Listing Agency: RE/MAX Properties Northwest
Listed By: Joseph Miles · License #IL 471021570
Source: Crexi
Added: Jul 26, 2025 Changed: Aug 8 Last Checked: Jul 25 at 7:10AM

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 Properties Northwest

Investment Insights

Based on property information with market context.

This all-brick property consists of three units in a triplex configuration, along with a small storefront space. The offering is presented as an investment opportunity with redevelopment in mind, including stated value after rehab.

The seller’s remarks also describe the storefront component as supporting a day care opportunity. The property is positioned in what the remarks characterize as a transitional area.

According to the provided information, the estimated after-rehab value is $480,000, not including potential sign income that the remarks state could add $1,000-plus per month. Prospective buyers are invited to bring offers.

Key Highlights

  • All‑brick 3‑unit building built in 1885
  • Includes a small storefront in addition to the 3 units
  • Marketing notes indicate a day care use opportunity

Property Analytics

Current Use

Lucky Mart (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy HVAC Service Spa & Massage Center (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.

Lease Details

3
Residential units

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - All-brick three-unit building plus a small storefront, marketed for day care use and investment redevelopment.
Where is this triplex located?
The property is located at 2900 E 87th Street Chicago, IL.
What are key features of this property?
This property features: All‑brick 3‑unit building built in 1885; Includes a small storefront in addition to the 3 units; Marketing notes indicate a day care use opportunity
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message