1851 E 87th ST, Chicago, IL 60617
1851 E 87th ST, Chicago, IL 60617
1851 E 87th ST, Chicago, IL 60617
19
See all 19 photos
$499,000
Est. payment /mo
Save
2,930 SqFt
Price Dropped by $25K

1851 E 87th ST Chicago, IL 60617

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sharie Jackson

Sharie Jackson

+1(708) 231-8901

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 2,930 sqft

Price per Sqft $170

MLS Listing ID 12650434

Year Built 1946

Annual Tax Amount $7,269

Tax Year 2025

Lot Dimensions 40X150

Property Sub-Type Retail/Stores

Property Description

EXCELLENT owner-user or investor opportunity on Chicago's East 87th Street commercial corridor. This one-story commercial storefront property includes 2 PIN numbers, approximately 2,930 sq ft of building area, approximately 6,250 sq ft of land, 3 units, and 3 bathrooms. The property underwent substantial renovations in 2023, with reported improvements totaling over $362,000, including work related to architectural services, demolition, masonry/storefront, carpentry, roofing, drywall/ceiling, flooring, painting, plumbing, HVAC, electrical, and cleaning. The sale also includes business-related assets, with approximately $20,000 in equipment and $24,000 in fixtures, creating a strong turnkey opportunity for the next operator or investor. Located along a visible commercial stretch of E 87th St, this property offers strong neighborhood exposure and flexible use potential for retail, service, office, or business operations. The 3-unit configuration provides added functionality for an owner-occupant, multi-tenant setup, or income-producing strategy. With major capital improvements already completed, and a larger two-parcel site, this is a rare opportunity. Property is being sold as-is.

Location

State IL

County Cook

Area Chi - Calumet Heights

Zoning RTAIL

Interior

Cooling Central Air

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available

Roof Type Tar/Gravel

Building

Dwelling Type Retail/Stores

Water Municipal Water

Structure Type Brick,Concrete

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Kanaan Deer of  Ford Desired Real Estate LLC 

GET MORE INFORMATION

Sharie Jackson

Sharie Jackson

Realtor | License ID: 475.180534

+1(708) 231-8901

Name
Phone*
Message
By checking this box, and clicking “SUBMIT,” I am confirming that I have read and agree to this website’s Privacy Policy and Terms of Service and I am providing my electronic signature and consent to receive marketing communications (about real estate brokerage services, and one or more properties that I may buy, sell, or rent), that may be delivered to me via email, telephone call and/or text messaging (using “automated technology” such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from eXp Realty® and its independent contractor real estate agents, and/or its affiliates at the telephone number and email address I provided. Message frequency varies and message and data rates may apply. Consent is not a condition of purchase. You may opt-out at any time by replying “STOP” to a text or “HELP” for assistance or unsubscribing via email. You may call to obtain direct assistance.

Go tour this home

1851 E 87th ST

};