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0 Beds
6,826 sqft

$390,000

1401 E 87th Street, Chicago IL, 60619

Price per sqft$57.13
Built in1958
Property size6,826 sqft
Property typeOther
Listed by Pamela Tuggle with @properties Christie's International Real Estate 312-952-5648

Overview

Active

Re-activated

Listed Jan 23, 2026

Updated 29h ago

Well-maintained 10,375 SF mixed-use investment property located along the high-traffic 87th Street commercial corridor. The building offers 6,058 SF of improved space, featuring ground-floor office suites and two residential units above. The first floor is comprised of two occupied medical offices plus an approximately 800 SF vacant suite, freshly painted and move-in ready-ideal for an owner-user or additional rental income. The office suites are interconnected and may be utilized by a single tenant or leased separately to multiple users. The second floor includes two residential apartments: one vacant 1-bed/1-bath unit and one 3-bed/2-bath unit, occupied by a long-term tenant. The property provides 14 on-site parking spaces, a significant asset for both commercial and residential users. Strategically located with easy access to the Dan Ryan Expressway, CTA Red Line, CTA Bus Route #87, and Metra. Surrounding area features strong national and regional tenancy, including McDonald's, O'Reilly Auto Parts, Clark's gas station, and a nearby strip center anchored by Athletico, T-Mobile, Wingstop, H&R Block, and Pete's Produce. With below-market rents, stable long-term tenancy, and approximately 13,500 vehicles per day along 87th Street, this solid mixed-use asset presents an excellent value-add investment opportunity in a proven commercial corridor.

$2,595/mo

Est. mortgage payment based on a $390,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12553969

Interior Features

Bedrooms
0
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.09 Acres

Other Property Details

Taxes
$5,191
Tax Frequency
Annually
Municipality
Hyde Park
MLS provider logo

Listed by Pamela Tuggle with @properties Christie's International Real Estate 312-952-5648

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Data is refreshed every 3 hours. Listing last updated 3:44 AM UTC on 10/29/2026. 

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