$370,000

1420 E 87th Street, Chicago, IL 60619, US

Summary

Style: Apts/Ofc/Store,Apts/Ofc,Apts/Stores,Ofc/Store
Sq Ft: 7870
Year Built: 1959

Moving Quotes

primary photo for 1420 E 87th Street, Chicago, IL 60619, US

Remarks

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 .

Details

MLS#: 12031036
Price: $370,000

Style: Apts/Ofc/Store,Apts/Ofc,Apts/Stores,Ofc/Store
Sq Ft: 7870
Year Built: 1959

County: Cook
Lot Size: 3125
Tax Fee: 2400.4

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Broker Contact


eXp Realty, LLC
The Agent Owned Cloud Brokerage
10 N Martingale Rd Ste 400
Schaumburg, IL, 60173
US
Steve Rettig
! 888-574-9405
! il.broker@expreatly.net
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Midwest Real Estate Data, LLC
Last updated: 2024-05-13T11:55:01.000-04:00.
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