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.
Property Details
Price:
$524,900
MLS #:
MRD12650434
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chicalumetheights
Listed Date:
May 19, 2026
Total Sq Ft:
2,930
Year Built:
1946
See this Listing
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Brick, Concrete
Roof
Tar/Gravel
Stories
1
Financial
HOA Fee Frequency
Annually
Tax Year
2025
Taxes
$7,269
Map
Community
- Address1851 E 87th Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60617
Market Summary
Current real estate data for Commercial in Chicago as of Jun 14, 2026
924
Commercial Listed
185
Avg DOM
$993,435
Avg List Price
Property Summary
- 1851 E 87th Street Chicago IL is a Commercial for sale in Chicago, IL, 60617. It is listed for $524,900
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Copyright 2026. All rights reserved.
1851 E 87th Street
Chicago, IL


