1747 87Th StChicago, IL 60617

For Sale
$317,000

Versatile 3,000 sq ft, prime location

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional two-unit building, located in Chicago's vibrant Stony Island/Burnside TIF District, offers 3,000 square feet of adaptable space. Currently configured as a medical office, it's easily repurposed for retail, co-working, education, wellness, or other uses. Strategically positioned on a corner lot near Stoney Island Avenue, it boasts excellent visibility and accessibility. Each unit has a private entrance; Unit 1 (87th Street frontage) includes a reception area, open workspace, private offices, and a bathroom. Unit 2 features a drop-off area, waiting room, multiple rooms, a private office, kitchen, and two bathrooms. Ample parking is available. Built in 1958, this single-story, Class B building sits on a 9,075 sq ft lot, zoned B3-1. The asking price is $317,000. This presents a significant investment opportunity with considerable upside potential. The property's versatility and prime location make it an attractive option for a wide range of businesses.

Highlights

  • $317,000 asking price for a 3,000 square foot, multi-tenant office/retail building.
  • Prime Stony Island/Burnside TIF District location in Chicago, IL.
  • Versatile property with significant upside potential; adaptable for various uses including medical, retail, or co-working.
  • Exceptional investment opportunity with two units, each featuring private entrances and ample parking.

Property Details for 1747 87Th St

Property type
Other retail properties, Individual retail properties
Square Feet
3,000 SF
Class
B
Year Built
1958
Stories
1
Units
2

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.737006043964
Longitude
-87.580887351616
1747 87Th St, Chicago, Illinois

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1747 87Th St
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