1851 E 87th Street, Chicago, IL 60617

• 2,930 sqft

Property Description

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.

Listing Status:

Active

Data Last Updated:

May 22, 2026 at 7:18AM

Listing Office:

Ford Desired Real Estate LLC : 773-379-4663

Listing Agent:

Kanaan Deer : 773-620-0450

MLS ID:

12650434

Interior

• A/C: Central Air

Construction

• Roofing: Tar/Gravel
• General: Concrete Perimeter

Location

• Road/Access: City Street
• HOA Amenities: Annually
• Originating MLS: mred
• County: Cook

Lot

• Zoning: RTAIL25011070070000
• Current Use: CommercialOther

Utilities

• Utilities: Electric to SiteNatural Gas AvailableCircuit BreakersService - 101 to 200 Amps
• Water: Municipal Water

Financial

• Source: mred