1401 East 87th Street, Chicago, IL

$410,000

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About 1401 East 87th Street

Well maintained 10,375 sf mixed-use building having 6,058 sf of building area is situated along the busy 87th Street business corridor. The building has ground floor office space, consisting of two occupied medical offices and one 800 SF space, freshly painted and ready to rent or house your business. The second floor has two apartments (a 1-bed, 1-bath and a 3-bed, 2-bath). The offices are interconnected and could all be occupied by a single tenant or could remain leased to two or more tenants. The property includes 14 on-site parking spaces. All tenants are long term. Easy access to the Dan Ryan Expressway, CTA Red Line, CTA bus #87 and Metra. Neighboring businesses include McDonald's, O'Reilly Auto Parts, a Clarks gas station, and several offices, retail and commercial services. Strip mall located a few blocks east houses both national and regional tenants, including Athletico, T-Mobile, Wing Stop, H and R Block and Pete's Produce grocery store. Solid building, below market rents, great location with steady traffic flow of 13,500 vehicles per day....makes for a great investment opportunity.

Features of 1401 East 87th Street

MLS® # 11820183
Price $410,000
Bathrooms 0.00
Acres 0.00
Year Built 1958
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 1401 East 87th Street
Area CHI - Calumet Heights
City Chicago
County Cook
State IL
Zip Code 60619

Amenities

Parking Spaces 14
Is Waterfront No
Has Pool No

Interior

Cooling Central Air, Window Unit(s)
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 304
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

Office@properties Christie's International Real Estate

Listing Map