1401 East 87th Street
1401 East 87th Street
$410,000
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Description
Well maintained 10,375 sf mixed-use building having 6,058 sf of building area is situated along the busy 87th Street business corridor. The building has ground floor office space, consisting of two occupied medical offices and one 800 SF space, freshly painted and ready to rent or house your business. The second floor has two apartments (a 1-bed, 1-bath and a 3-bed, 2-bath). The offices are interconnected and could all be occupied by a single tenant or could remain leased to two or more tenants....Well maintained 10,375 sf mixed-use building having 6,058 sf of building area is situated along the busy 87th Street business corridor. The building has ground floor office space, consisting of two occupied medical offices and one 800 SF space, freshly painted and ready to rent or house your business. The second floor has two apartments (a 1-bed, 1-bath and a 3-bed, 2-bath). The offices are interconnected and could all be occupied by a single tenant or could remain leased to two or more tenants. The property includes 14 on-site parking spaces. All tenants are long term. Easy access to the Dan Ryan Expressway, CTA Red Line, CTA bus #87 and Metra. Neighboring businesses include McDonald's, O'Reilly Auto Parts, a Clarks gas station, and several offices, retail and commercial services. Strip mall located a few blocks east houses both national and regional tenants, including Athletico, T-Mobile, Wing Stop, H and R Block and Pete's Produce grocery store. Solid building, below market rents, great location with steady traffic flow of 13,500 vehicles per day....makes for a great investment opportunity.
- Listed by Pamela Tuggle • @properties Christie's International Real Estate
- Listed by William Tuggle • @properties Christie's International Real Estate
Property Details for 1401 East 87th Street
Area
CHI - Calumet Heights
Num Of Parking Spaces14.0
Location
LISTING UPDATED: 10/15/2023 12:06 AM
Property Details for 1401 East 87th Street
Status | Active |
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MLS # | 11820183 |
Days on Market | 489 |
Taxes | $7,573 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 1958 |
Lot Size | 0.09 AC / 4,125 SF |
County | Cook County |
Location
Building Information for 1401 East 87th Street
Stories-Residences5Year Built1958Lot Size0.09 AC / 4,125 SF
Payment Calculator
$2,869 per month
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Property Information for 1401 East 87th Street
Property History for 1401 East 87th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1401 East 87th Street
Taxable ValueLand$5,156Additions$8,013Total$13,169
Tax Record2022$3,176 ($265 / month)
Home Facts
Baths8.5Total Finished SqFt6,826 SqFtAbove Grade Finished SqFt6,826 SqFtStories2Lot Size4,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1958CountyCOOKAPN25-02-205-001
Schools near 1401 East 87th Street
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | PK to 8 | |||
Charter - | 10 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
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Mcdowell Elementary School PublicPK to 5 | ||
Caldwell Elementary Academy Of Math & Sci PublicPK to 8 | ||
YCCS-Sullivan House Alt HS Charter10 to 12 | ||
CICS Avalon CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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