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  • Price$370,000
  • Built1959

1420 East 87th Street, Chicago

Located at 1420 E 87th in Chicago's vibrant Avalon Park community, this unique mixed-use gem offers endless potential for investors and entrepreneurs alike. This masonry exterior building has been transformed into an entertainment venue, revitalizing the historic space. With a building size of 7,870 sq ft, two units including a residential apartment and a commercial space, and a lot size of 3,125 sq ft, this property offers ample space and flexibility for various uses. Zoned B3-1 and situated in a bustling area with high visibility and easy access to amenities, transportation, and a diverse customer base, this property is ideal for creative entrepreneurs looking to continue the entertainment venue concept or explore new possibilities such as a restaurant, cafe, art gallery, retail space, educational center, medical center. Additionally, the upper-level apartment provides a convenient living space or rental income opportunity. With its unique history and layout, this property is a prime candidate for adaptive reuse projects and offers a smart investment with multiple revenue streams. This property has multiple PINs. 1424 E. 87th includes PIN 20354130400000/Taxes for 2022 were $3407.46. 1420 E. 87th includes PIN 20354130390000/Taxes for 2022 were $2400.40. 1418 E. 87th includes PIN 20354130380000/Taxes for 2022 were $1047.55. 1414 E. 87th includes PIN 20354130370000/Taxes for 2022 were .

Essential Information

  • MLS® #12031036
  • Price$370,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built1959
  • TypeCommercial Sale
  • Sub-TypeMixed Use
  • StatusContingent
  • Taxes$2,400

Interior

  • CoolingCentral Air

Additional Information

  • Days on Market25
  • ZoningCOMMR

Community Information

  • Address1420 East 87th Street
  • AreaCHI - Avalon Park
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60619

Exterior

  • ExteriorBrick

Listing Details

  • Listing OfficeExp Realty, Llc

Price Change History for 1420 East 87th Street, Chicago, IL (MLS® #12031036)

Date Details Price Change
Contingent
Active (from New)
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Listing information last updated on May 19th, 2024 at 3:53pm CDT.