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Single-Tenant Retail Ground Lease
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52 W 87th St, Chicago, IL 60620

Single-tenant retail property offered as a national ground lease with a drive-thru.

Property SizeContact for details
Days on Market126

Property Features for 52 W 87th St

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Greenstone Partners
Listed By: AJ Patel · License #475.190820
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 4:27PM

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 Greenstone Partners

Investment Insights

Based on property information with market context.

This offering is a single-tenant retail property available under a national ground lease structure. The site includes drive-thru functionality, supporting retail uses that require convenient customer vehicle flow.

The property is located at 52 W 87th St in Chicago, Illinois.

Key Highlights

  • National single‑tenant ground lease property
  • Drive‑thru included

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Skin Care Clinic Real Estate Agency Gym & Fitness 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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

700
Businesses Nearby
32k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 83% Electronics 12% Dining 5%
Shell Shops & Services
7,425 visits/mo 0.3 miles
Citgo Shops & Services
6,991 visits/mo 0.3 miles
Mobil Shops & Services
4,148 visits/mo 0.5 miles
Boost Mobile Electronics
3,965 visits/mo 0.3 miles
AutoZone Shops & Services
3,734 visits/mo 0.4 miles

Demographics for 60620, IL

66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Retail space - Single-tenant retail property offered as a national ground lease with a drive-thru.
Where is this retail space located?
The property is located at 52 W 87th St Chicago, IL.
What are key features of this property?
This property features: National single‑tenant ground lease property; Drive‑thru included
(312) 234-0360 Call to check price and availability
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