1058 87Th St Chicago, IL 60620
This exceptional investment opportunity presents a thriving fast-food business and its accompanying freestanding building, located at 1058 W 87th St in Chicago, Illinois. The property, situated on a 0.143-acre lot, boasts a 600-square-foot building constructed in 1955. Currently operating at 100% occupancy as a Maxwell Express restaurant, this single-unit, single-story establishment enjoys a prime location on a busy street corner, directly adjacent to a bus stop, ensuring high visibility and convenient access for customers. The business demonstrates strong financial performance, averaging $14,000 in monthly sales. The sale includes the building, the established business, all related equipment, and trade fixtures. The property's Cook County APN is 20-32-426-030-0000. Real estate taxes are $4,811 annually. The asking price of $250,000 excludes inventory. This owner-user opportunity offers a blend of established income and significant potential for future growth in a densely populated area with a mix of chain and independent businesses. The permitted zoning is available upon request. This is a turnkey operation ready for a new owner to step in and continue the success.
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Maxwell Express Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.