1738 E 87th Street Chicago, IL ^$ 175,000

1738 E 87th Street

^$ 175,000

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1738 E 87th Street

Chicago, IL, 60617

^$ 175,000

Bedrooms-- Baths-- Sq 1,800

Monthly Estimate*

^$ 1,092

1738 E 87th Street, Chicago, IL 60617 - Image 1

Commercial Property for sale in Chicago, IL

for $175,000. This 1,800 square foot building was built in 1956 on a lot size of 0.07174.

GREAT INVESTMENT OPPORTUNITY!!! THIS COMMERCIAL PROPERTY IS LOCATED STEPS FROM BUSTLING 87TH & STONEY ISLAND CORRIDOR, WITH NEIGHBORING NATIONAL RETAILERS INCLUDING WALGREENS, CITIBANK, CVS, DUNKIN DONUTS AND MANY OTHERS. THIS AREA HAS OVER 11,700 DAILY TRAFFIC COUNTS. THIS AREA ALSO EARNS HIGH RANKINGS AS ONE OF CHICAGO'S BEST NEIGHBORHOODS FOR BUSINESSES, DIVERSITY, COMMUTE AND JOBS. THIS ASSET PROVIDES 2 UNITS. ONE UNIT IS CURRENLY OUTFITTED FOR HAIR SALON OR BARBERSHOP, WITH TONS OF ADDITIONAL UNUSED SPACE. THE OTHER UNIT IS CURRENLY OCCUPIED BY TENANT. THE LOCATION OF THIS PROPERTY ALSO OFFERS SIGNAGE INCOME AS WELL. PARKING IN REAR, ALONG WITH EASY STREET PARKING FOR PATRONS AND HIGH VISIBILITY. PRICED TO SELL! DO NOT DISTURB TENANTS.

Commercial Contingent

Price

^$ 175,000

Property Type

Commercial

Taxes

^$ 9,579

Style

Lot Size

0.07174

Year Built

1956

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12395248

Features

General

Cooling None

Possession Closing

Zoning COMMR

Construction Materials Brick

Year Built 1956

Electric Circuit Breakers

Tenant Pays Electricity

Stories Count 1

Township Hyde Park

Property Subtype Other

Tax Year 2023

County Cook

Net Operating Income 0

Property Type Commercial Sale Retail/Stores

Contingency Attorney/Inspection

Status Contingent

Directions 87th Street to 1738 East

City Chicago

Number Of Units Total 2

MLS Area CHI - Avalon Park

Lot Size Square Feet 3125

Tax Annual Amount 9579.99

Additional Parcels Y/N N

Leasable Area 1800

Standard Status Active Under Contract

Exterior

Building Area Total 1800

Lot Dimensions 25X124

* Excluded Features

List By

Real People Realty

Broker

rnnelsonenterprises@yahoo.com

Affordability Calculator

$1,890

Per Month

Monthly Principal & Interest: $1,092
Monthly Property Taxes: $798
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$987,651

Percent of Sale Price 464%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/17/2025	$175,000		Listed Price

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1738 E 87th Street, Chicago, IL, 60617 is a Commercial Property for sale at $175,000 with 1,800 sqft and a lot size of 0.07174. 1738 E 87th Street was built in 1956. The property's zip code is 60617 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/8/2025.

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1738 E 87th Street

Commercial Property for sale in Chicago, IL

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