Turnkey Tobacco Smoke Shop
5953 West 87th Street Oak Lawn, IL 60453
5953 West 87th Street, Oak Lawn, IL, 60453
Contact for pricing
For Sale
Contact for pricing
Turnkey storefront with an existing tobacco/smoke shop license and $1,500 monthly rent on 87th Street.
Property Size1,500 SF
Price / SF$33.33
Days on Market16
Property Features for 5953 West 87th Street
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Retail
Listing agency
Chicagoland Brokers Inc
Listed by
Ahamad Hassan · License #475191346
Source
Crexi
Added: Jul 7 Updated: Jul 21 at 7:19AM Checked: Jul 21 at 7:19AM
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 Chicagoland Brokers Inc
Investment Insights
Based on property information with market context.
This turnkey tobacco/smoke shop opportunity includes the existing retail storefront setup and the benefit of a tobacco license referenced as “grandfathered.” The sale is structured as an immediate availability business opportunity, with the seller seeking a fast closing. Monthly rent is provided at $1,500. The current ownership is described as absentee.
Located at 5953 West 87th Street in Oak Lawn, the site is positioned on 87th Street between Ridgeland Ave and Central Ave. Public remarks note that Oak Lawn is no longer issuing new tobacco licenses, creating a competitive constraint for new entrants. Interested parties should review financials and lease terms with the broker to confirm all details of the license and tenancy.
Located at 5953 West 87th Street in Oak Lawn, the site is positioned on 87th Street between Ridgeland Ave and Central Ave. Public remarks note that Oak Lawn is no longer issuing new tobacco licenses, creating a competitive constraint for new entrants. Interested parties should review financials and lease terms with the broker to confirm all details of the license and tenancy.
Key Highlights
- Existing tobacco/smoke shop license included; Oak Lawn is currently not issuing new tobacco licenses
- Monthly rent is $1,500 for the 87th Street location (between Ridgeland Ave and Central Ave)
- Retail storefront on heavily trafficked 87th Street in Oak Lawn, IL with immediate availability
Property Analytics
Location Intelligence
Current Use by Public Records
World Bean Bag ...
Association Or Organization
I Smoke
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Turnkey storefront with an existing tobacco/smoke shop license and $1,500 monthly rent on 87th Street.
Where is this storefront property located?
The property is located at 5953 West 87th Street Oak Lawn, IL.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Existing tobacco/smoke shop license included; Oak Lawn is currently not issuing new tobacco licenses; Monthly rent is $1,500 for the 87th Street location (between Ridgeland Ave and Central Ave); Retail storefront on heavily trafficked 87th Street in Oak Lawn, IL with immediate availability
