Hi There! Is this Your First Time?

Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.

  • Price$650,000
  • Built1963

1859 East 87th Street, Chicago

Prime Chicago Commercial Investment Opportunity !!!!! This is your chance to invest in the heart of Chicago! Presenting a unique and lucrative investment property that combines the best of both worlds: Six spacious, well-appointed apartments and Six versatile storefronts, all under one roof! This property offers the perfect blend of residential and commercial income. This South Side property has excellent foot traffic, it's located on a main well known Street. This location is surrounded by numerous restaurants, shops, and public transpiration !! All 6 apartments feature 1 bedroom, 1 bath and all similar updates. All 6 apartments are rented and are bringing in income .All 6 versatile storefronts feature large display windows, ideal for entrepreneurs and business looking for prime retail or office space .Each storefront features high visibility and great rental income. 4 Storefronts are leased , 2 are ready for you to bring your vision to life . There are currently two beauty shops, a real estate office, and a mailing center. With a strong rental history and the thriving location, this property promises excellent cash flow and long-term growth potential for investors .The combination of residential and commercial spaces diversifies your income streams, making a robust investment opportunity. Don't miss out on this amazing investment opportunity . Contact me today to schedule a viewing and explore the the potential of this unique property. This property is being sold as is !!!

Essential Information

  • MLS® #11983600
  • Price$650,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built1963
  • TypeCommercial Sale
  • Sub-TypeMixed Use
  • StatusActive
  • Taxes$5,062

Interior

  • CoolingWindow Unit(s)

Additional Information

  • Days on Market98

Community Information

  • Address1859 East 87th Street
  • AreaCHI - Calumet Heights
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60617

Exterior

  • ExteriorBrick

Listing Details

  • Listing OfficeKeller Williams Preferred Rlty

Price Change History for 1859 East 87th Street, Chicago, IL (MLS® #11983600)

Date Details Price Change
Active (from New)
Please provide a valid email address.

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 Gold Coast Realty 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. Information deemed reliable but not guaranteed.

Listing information last updated on May 23rd, 2024 at 9:53pm CDT.