1859 East 87th Street
$650,000
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Description
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...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 !
- Listed by Kristen Roussev • Keller Williams Preferred Rlty
- Listed by Rhonda Gilmore • Keller Williams Preferred Rlty
Property Details for 1859 East 87th Street
Area
CHI - Calumet Heights
LISTING UPDATED: 11/13/2024 11:35 AM
Property Details for 1859 East 87th Street
Status | Active |
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MLS # | 11983600 |
Days on Market | 326 |
Taxes | $5,062 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 1963 |
Lot Size | 0.09 AC / 4,070 SF |
County | Cook County |
Building Information for 1859 East 87th Street
Stories2Residences12Year Built1963Lot Size0.09 AC / 4,070 SF
Property Information for 1859 East 87th Street
Property History for 1859 East 87th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1859 East 87th Street
Taxable ValueLand$3,663Additions$17,325Total$20,988
Tax Record2022$5,062 ($422 / month)
Home Facts
Total Finished SqFt2,900 SqFtAbove Grade Finished SqFt2,900 SqFtStories2Lot Size4,070 SqFtStyleStoresYear Built1961CountyCOOKAPN25-01-107-010
Schools near 1859 East 87th Street
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Charter - | 9 to 12 | |||
Charter - | K to 8 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Black Magnet Elementary School PublicK to 8 | ||
YCCS-Sullivan House Alt HS Charter9 to 12 | ||
CICS Avalon CharterK to 8 | ||
Great Lakes Academy CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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