Listing provided courtesy of Legacy Brokers Group LLCMREDas Distributed by MLSGrid- MLS# 12622615MLS Provider

1747-1749 E 87th StreetChicago, IL 60617

Commercial · 3,000 Sq. ft.
$275,000 Active

1747-1749 E 87th Street Overview

Time on Site:
73 days
Visits:
0

This exceptional two-unit building is on the market in the vibrant Stony Island/Burnside TIF District, offering an unbeatable combination of location, versatility, and potential. Strategically positioned near the bustling Stony Island Avenue thoroughfare, the property enjoys excellent visibility and accessibility. Boasting approximately 3,000 square feet of adaptable space, this building presents a wealth of possibilities. Currently configured as a medical office, it can easily be repurposed for various uses, including retail space, a drive-thru restaurant, a co-working hub, an educational center, a wellness spa, or a venue. Each unit features its own private entrance, providing flexibility and convenience for tenants. Unit 1 has a vehicle drop-off area, a waiting room, multiple rooms, a private office, a kitchen, and two bathrooms. Unit 2 offers direct frontage on 87th Street and includes a reception area, a spacious open workspace, private offices, and a full bathroom. The property provides ample parking, ensuring easy access for patrons and staff. Its prime corner lot location guarantees high visibility, attracting potential clients and tenants.

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1747-1749 E 87th Street Facts & Features

  • Type Commercial
  • Sq. ft. 3,000
  • Price/Sq.ft. $92

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1958

Business Information

  • Current Use: Medical/Dental

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Calumet Heights
  • Township: Hyde Park

Tax Information

  • Tax Annual Amount: $22,266.90
  • Tax Year: 2024

General Information

  • Parcel Number: 25011010190000
  • Property Sub Type: Business
  • Property Type: Commercial Sale
  • Zoning: OFFIC

Interior

Building Interior

  • Building Area Total: 3000

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Flooring: Tile, Wood
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 0
  • Stories: 1

Unit Information

  • Unit SqFt.: 1500

Exterior

Lot Information

  • Additional Parcels: Yes
  • Frontage Type: City Street
  • Lot Size Dimensions: 75 X 121
  • Lot Size Square Feet: 9075

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 2

1747-1749 E 87th Street Neighborhood

Community

60617 (Chicago) Demographics

37
Median Age
5,348
Population Density (per sq. mile)
28%
College Educated
$43,642
Estimated Median Income
16,451
Estimated Total Home Owners
12,722
Estimated Total Renters
56% / 44%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1747-1749 E 87th Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1747-1749 E 87th Street Market Data

Based on the last 30 days in this zip code

$215,942
Average List Price
$154
Average Price per Square Foot
36
Properties Sold
86
Average Days on Market
161
Properties for Sale
Calculations provided by Reliance Network

1747-1749 E 87th Street History

Date Event Value Agent
6/1/2026Source: MRED Status Change
Active
5/27/2026Source: MRED Price Reduction
$275,000 -6.8%
5/27/2026Source: MRED Status Change
Price Change
4/22/2026Source: MRED Status Change
Active
4/17/2026Source: MRED Added to Database
April 17, 2026