About 1420 East 87th Street
Located at 1420 E 87th in Chicago's vibrant Avalon Park community, this unique mixed-use gem offers endless potential for investors and entrepreneurs alike. This masonry exterior building has been transformed into an entertainment venue, revitalizing the historic space. With a building size of 7,870 sq ft, two units including a residential apartment and a commercial space, and a lot size of 3,125 sq ft, this property offers ample space and flexibility for various uses. Zoned B3-1 and situated in a bustling area with high visibility and easy access to amenities, transportation, and a diverse customer base, this property is ideal for creative entrepreneurs looking to continue the entertainment venue concept or explore new possibilities such as a restaurant, cafe, art gallery, retail space, educational center, medical center. Additionally, the upper-level apartment provides a convenient living space or rental income opportunity. With its unique history and layout, this property is a prime candidate for adaptive reuse projects and offers a smart investment with multiple revenue streams. This property has multiple PINs. 1424 E. 87th includes PIN 20354130400000/Taxes for 2022 were $3407.46. 1420 E. 87th includes PIN 20354130390000/Taxes for 2022 were $2400.40. 1418 E. 87th includes PIN 20354130380000/Taxes for 2022 were $1047.55. 1414 E. 87th includes PIN 20354130370000/Taxes for 2022 were .
Features of 1420 East 87th Street
MLS® # | 12031036 |
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Price | $370,000 |
Bathrooms | 0.00 |
Acres | 0.00 |
Year Built | 1959 |
Type | Commercial Sale |
Sub-Type | Mixed Use |
Status | Active |
Community Information
Address | 1420 East 87th Street |
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Area | CHI - Avalon Park |
City | Chicago |
County | Cook |
State | IL |
Zip Code | 60619 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Cooling | Central Air |
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Fireplace | No |
Has Basement | No |
Exterior
Exterior | Brick |
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Additional Information
Days on Market | 17 |
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Zoning | COMMR |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | eXp Realty, LLC |
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