Listing Agency: Network Real Estate Group n***@haleem.net Show Phone

Listed By: Neil Haleem · License #IL 37077037778HN

Source: Crexi

Added: May 18, 2020 Changed: Aug 15 Last Checked: Aug 22 at 6:27PM

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Investment Insights

Based on property information with market context.

This 16,500 square foot lot is situated on the southwest corner of 87th Street and Jeffery Avenue, benefiting from a 4-way traffic light at the intersection. The lot features dimensions of 132 feet by 125 feet. Zoned B3-1, the property allows for a variety of uses. It presents a suitable location for a single-tenant building, such as retail, office space, or a fast-food establishment.

Key Highlights

• 16,500sf lot size.
• Located on the southwest corner of 87th & Jeffery.
• Intersection has a 4‑way traffic light.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Dental Office Gym & Fitness Center Restaurant

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

827

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Commercial land - 16,500 SF lot suitable for retail, office, or fast food.

Where is this commercial land located?

The property is located at 1955 E 87th Street Chicago, IL.

What is the asking price?

The asking price for this property is $385,000.

What are key features of this property?

This property features: 16,500sf lot size.; Located on the southwest corner of 87th & Jeffery.; Intersection has a 4‑way traffic light.