1642 E 87th Street, CHICAGO IL 60617 Photo 1 1642 E 87th Street, CHICAGO IL 60617 Photo 2 1642 E 87th Street, CHICAGO IL 60617 Photo 3 1642 E 87th Street, CHICAGO IL 60617 Photo 4 1642 E 87th Street, CHICAGO IL 60617 Photo 5 1642 E 87th Street, CHICAGO IL 60617 Photo 6 1642 E 87th Street, CHICAGO IL 60617 Photo 7 1642 E 87th Street, CHICAGO IL 60617 Photo 8 1642 E 87th Street, CHICAGO IL 60617 Photo 9 1642 E 87th Street, CHICAGO IL 60617 Photo 10 1642 E 87th Street, CHICAGO IL 60617 Photo 11 1642 E 87th Street, CHICAGO IL 60617 Photo 12 1642 E 87th Street, CHICAGO IL 60617 Photo 13 1642 E 87th Street, CHICAGO IL 60617 Photo 14 1642 E 87th Street, CHICAGO IL 60617 Photo 15
Listing Courtesy of @Properties

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1642 E 87th Street - High traffic location with lots of visibility from 87th Street and Stony Island. Perfect location for a new commercial business! Very busy and popular intersection next to Walgreens. Large brick building has two store fronts as well as a large parking lot included. One of the storefronts has a large warehouse space with 90ft ceilings and a loading dock. One storefront is currently rented by very popular hair salon and barber. Established business for over 10 years. Parking lot included in the price. The parking lot is accessible from 87th street. Viewings available by appointment, call today property won't last long!

Listing information

  • MLS® ID: 09645160
  • Status: Active
  • New Construction: No
  • County: Cook
  • Style: Mixed Use
  • Stories: 1
  • Foreclosure: No
  • Year Built: 1955
  • Parking Type Description: Private 22 cars
  • Estimated Annual Taxes: $8,829

Features

Air Conditioning Central Air
Approximate Age Older
Built Before 1978 (Y/N) Yes
Construction Brick
Current Use Commercial
Electrical Service Circuit Breakers, Other/Unknown
Exterior Building Type Brick
Fire Protection Alarm Monitored, Alarm On Site, Smoke or Fire Protectors
Floor Finish Carpet, Concrete
Foundation Brick
Franchisor Feed(y/n) No
Frontage/Access City Street
Geographic Locale Chicago South
Heat/Ventilation Gas
Information 24-Hr Notice Required, Listing Agent Must Accompany, No Sign on Property
Location Central Business District
Misc Inside Heavy Floor Load, Multi-Tenant, Overhead Door/s, Private Restroom/s, Storage Inside
Other # Of Apts - 0, # Of Offices - 1, # Of Tenants - 1, # Of Units - 2, Approx Total Bldg Sq Ft - 11000, Electricity Expense - 0, Fuel Expense - 0, Gross Rent Multiplier - 12, Gross Rental Income $ - 1850, Insurance Expense - 0, Net Oper Income $ - 12000, Other Expenses - 0, Scavenger Expense - 0, Tax Year - 2015, Total Annual Exp - 8750, Total Annual Income - 40200, Total Monthly Income - 1850, Township - Hyde Park, Water Expense - 0, Zoning Type - Rtail
Outdoor Parking 19-30 Spaces, Private Lot
Ownership Type Individual
Potential Use Commercial, Office and Research, Retail
Property Type Mixed Use
Roof Structure Flat
Tenant Pays Air Conditioning, Electric, Heat, Janitorial, Water/Sewer
Listing Courtesy of @Properties