1656 W 87th Street Chicago, IL 60620

$145,000
1656 W 87th Street, Chicago, IL 60620
Call 1-800-839-1363
08542759

Commercial Property for sale in Chicago, IL

for $145,000. This 2,800 square foot building was built on a lot size of 25X125.

Property Information

  • $145,000
  • Commercial
  • 2,800 Square Feet
  • Taxes are $5,230
  • Retail
  • Active
  • 1 Floors
  • Lot size of 25X125
  • Chicago, IL
  • Auburn Gresham Neighborhood
  • Cook County
  • MLS/Web ID is 08542759

Description

Sell or lease-to-purchase $21/sf, triple net lease. Serious, savvy investor will do well at this location. Has parking! Former doctors' office and former school. Price represents two city lots for or a gross total of 3125sf, rentable approximately, 2800sf. Zoned B1-1, Neighborhood Shopping district intended to accommodate a broad range of small-scale retail, service uses. Price includes real estate ONLY and EXCLUDES school furniture, equipment and appliances but available for separate sale. PREAPPROVED buyers, PLEASE!

Interior 4

Appliances

  • Fire Alarm
  • Fire Extinquisher

Cooling System

  • Window Unit(s)

Heating System

  • Forced Air

Interior

  • Smoke Alarm

Exterior 5

Driveway

  • Fenced Parking

Foundation

  • Concrete

Parking

  • 1-20 Parking Spaces
  • Private Lot
  • Secured Parking Area

Road Frontage

  • City Street

Siding

  • Brick

Miscellaneous 2

Location

  • Corner Lot
  • Near Public Transportation

Utilities

  • Electric

Rental 1

Tenant Pays

  • Electric
  • Heating
  • Janitorial
  • Other Expenses
  • Water/Sewer

† Excluded Feature

Listed By

Broker: BDW REALTY PC

1656 W 87th Street, Chicago, IL, 60620 is a Commercial Property for sale at $145,000 with 2,800 sqft and a lot size of 25X125. 1656 W 87th Street has 0.0 baths. The property's zip code is 60620 which is in Chicago, IL

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Pricing History

Date Price Price Change Description
1/7/2017 $135,000 -6.90 % Price Change
1/7/2017 $145,000 7.41 % Price Change
3/27/2016 $135,000 -10.00 % Price Change
3/27/2016 $150,000 Price Change
7/20/2015 $150,000 -14.29 % Price Change
1/28/2015 $175,000 -30.00 % Price Change
10/12/2014 $250,000 -12.28 % Price Change
5/31/2014 $285,000 -10.94 % Price Change
2/24/2014 $320,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Chicago $552,190 281 % above $325,000 124 % above
Commerical listings in Chicago $680,620 369 % above $399,000 175 % above

Get the facts about Chicago, IL!

Population 2,758,555
Population Growth (since 2000) -4 %
Median Income $49,562
Median Age 34.83
Households w/ Children 25 %

Residential Dwellings

  • Owned 491166
  • Vacant 139733
  • Rented 585273

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