Property profile & analytics
820 87th St Chicago, IL 60620
- Retail space
- 1,373 SF
- 0.07 lot acres
OFF-MARKET
Last Sale
Sep 10, 2024
Sep 10, 2024
$850,000
Value Estimations
$850,000
Show details
Cap Rate Potential
2.2%
Retail space
Location Intelligence
Property ID
US28-5092458
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Dr. Yetta G. McCullom D.D.S. / Dental Office
- CHICAGO DENTAL DREAM TEAM / Dental Office
- Dr. Cornell McCullom III, DDS / Dental Office
- Robin L Ferguson PC / Dental Office
- Gresham / Train Station
Property Details for 820 87th St
- Year built
- 1891
- Lot size
- 0.07 lot acres
- Property size
- 1,373 SF
- Property type
- Retail space
- APN
- 20-32-432-006
- APU
- 2032432006
Description
This exceptional 750-square-foot retail and office space is ideally situated at 820 E 87th St in Chicago, Illinois, zip code 60619. The property is part of a well-maintained, newer construction building boasting a recently updated parking lot and high occupancy rates, ensuring a steady stream of potential clients and customers. The space is currently vacant and ready for immediate occupancy. Zoned for commercial use, this versatile unit is perfect for a variety of businesses. The layout is suitable for a traditional office setting, making it an excellent choice for professional services such as law firms, accounting or tax practices, consulting firms, management offices, or medical practices. Its storefront location also presents significant retail potential, making it suitable for businesses such as salons or other service-oriented enterprises. The space is a blank canvas, requiring only minor cosmetic updates and signage to personalize it to your specific business needs. The building is a two-story structure, offering a professional and welcoming environment. This prime location in Chicago offers excellent visibility and accessibility, making it an attractive option for businesses seeking a thriving and convenient location. The multiple tenancy structure ensures a diverse and dynamic environment. Don't miss this opportunity to establish your business in a high-demand area.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $850,000
- ML approach
- $850,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6445
- Latitude
- 41.7364
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$16,187
$6,869
$71,831
$78,700
-
$27,476
$287,324
$314,800
