Property for Sale: 1859 E 87th, Chicago, IL 60617

$650,000
$650,000
1859 E 87th, Chicago, IL 60617
$650,000
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Price:
$650,000

Type Commercial
Year Built 1963

City Chicago
County Cook

MLS 11983600
Status Active
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 !!!

Lot & Building Features

Cooling Window Unit(s)
Tax Year 2022
Lot Dimensions 4,070 ft

Price History of 1859 87th, Chicago, IL

Date Name Price Difference
12/31/1969 Listing Price $650,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of The Fitzpatrick Team
Listed by Keller Williams Preferred Rlty, Kristen Roussev & Rhonda Gilmore
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20%
1%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

1859 87th (MLS #11983600) is a commercial listing located in Chicago, IL. This property was listed on 02/16/2024 and has been priced for sale at $650,000.

Nearby zip codes are 60619, 60620, 60628, 60638 and 60649.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Keller Williams Preferred Rlty