2014 E 87th Street Chicago, IL $ 425,000
2014 E 87th Street
$ 425,000
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2014 E 87th Street

Chicago, IL, 60617
$ 425,000
Bedrooms-- Baths-- Sq 2,788

Monthly Estimate*

$ 2,617

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Commercial Property for sale in Chicago, IL

for $425,000. This 2,788 square foot building was built on a lot size of 0.283471.

FOR SALE: Prime Freestanding Restaurant Building - Avalon Park, Chicago Unlock a standout investment opportunity with this highly visible, fully built-out restaurant property in the heart of Avalon Park, just 15 miles south of downtown Chicago. Recently updated and situated on a busy corner, this freestanding building offers exceptional street exposure, strong foot traffic, and excellent accessibility-making it ideal for an owner-operator or investor seeking a high-demand commercial asset. Property Highlights: Turnkey restaurant setup - fully built out and ready for immediate operation Freestanding building - maximum visibility and branding potential Large lot (0.29 acres | approx. 126 x 98) Ample parking - dedicated lot for 20+ vehicles High-traffic corner location with strong neighborhood presence LED exterior pylon signage for enhanced visibility Fully fenced lot with iron fencing and exterior window shutters Spacious basement - ideal for storage or additional prep space Three restrooms Recently remodeled/updated This property offers excellent upside potential in a growing South Side corridor. Whether you're launching a new concept or expanding your portfolio, this location checks all the boxes for visibility, access, and functionality. Schedule your private showing today. ZONING IS B3-1 Community Shopping District: Retail/Stores: Large stores, retail storefronts, and shopping centers. Restaurants & Taverns: General and limited restaurants, including outdoor patios (subject to standards). Services: Personal services (salons, dry cleaning), financial services (banks), and business support. Office & Business: Offices, clinics, and medical centers. Residential: Apartments are permitted, but not on the ground floor.

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Commercial Active

Price

$ 425,000

Property Type

Commercial

Taxes

$ 20,899

Style

Restaurant

Lot Size

0.283471

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12623311

Features
General
Cooling Central Air Exhaust Fan
Utilities Electric to Site Natural Gas Available Sewer Connected Water Available
Possession Closing Specific
Roof Rubber
Zoning COMMR
Construction Materials Brick Concrete Block Steel Siding
Electric Separate Meters Service - 201 to 600 Amps
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Taxes Insurance Repairs Roof Sewer Other Gas
Stories Count 1
Tax Year 2023
Current Use Commercial
Business Type Restaurant
County Cook
Operating Expense 2025
Property Type Business Opportunity Bus / Bus w/Real Est
Possible Use Commercial
Status New
Directions JEFFERY BLVD TO 87TH TO THE ADDRESS
City Chicago
MLS Area CHI - Avalon Park
Lot Size Square Feet 12348
Tax Annual Amount 20899
Additional Parcels Y/N N
Lease Type N/A
Standard Status Active
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Exterior
Building Area Total 2788
Lot Dimensions 126 X 98
Frontage Type City Street
Waterfront Y/N N
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* Excluded Features
List By
Blue Door Dave Inc

Broker

david@bluedoordave.com

Email

Affordability Calculator

$4,358
Per Month
60%
40%
0%
Monthly Principal & Interest
$2,617
Monthly Property Taxes
$1,742
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/19/2026$425,000 Listed Price

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2014 E 87th Street, Chicago, IL, 60617 is a Commercial Property for sale at $425,000 with 2,788 sqft and a lot size of 0.283471. The property's zip code is 60617 which is in Chicago, IL