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1056 W 87th Street, Chicago, IL 60620
$250,000
1056 W 87th Street, Chicago, IL 60620View this property at 1056 W 87th Street, Chicago, IL 60620
1056 W 87th StreetChicagoIL60620
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Property Description
For sale: Fast food business with property. Established and operating Maxwell Express fast food business located on busy 87th St (corner of 87th & Aberdeen St). Very busy location- average monthly sales of $14,000!! Very good location- main street with bus stop right in front. Have daytime traffic count. Densely populated area with multiple chain and small businesses. Sales includes building and business with al business related equipment and trade fixtures. . RE tax $4,811 Asking price $250,000+ inventory.
Full Property Details
Full Property Details for 1056 W 87th St
General
- Price: $250,000
- Taxes: $4,811 (2022)
- Status: Active
- Type: Business
- MLS ID: 11999668
- Updated: 3/14/2024
- Added to Site: 57 day(s) ago
Business
- Name: MAXWELL ESPRESS
- Business Type: Food & Beverage, Restaurant
- Years in Business: 11 or More
Parking
- Parking Features: 6 to 12 Spaces
Location
- Area: CHI - Auburn Gresham
- County: Cook
- Driving Directions: Corner of W 87th St & Aberdeen St
- Location Details: Corner, Mixed-Use Area, Public Transport Avail, Freestanding/Urban, In City Limits, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 1
- Square Feet: 600
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Sq. Ft.): 6,229
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 6229
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $4,811
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Scavenger, Sewer
Disclosures and Reports
- Ownership: Individual
- Property ID: 20324260300000
Listed by Infiniti Properties, Inc.
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Schools
Schools serving 1056 W 87th St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
8524 S Green St, Chicago, IL 60620 | PK-8 | 0.3 mi | |
7740 S Ingleside Ave, Chicago, IL 60619 | 9-12 | 2.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1056 W 87th St
Date
Details
Price
Change
Source
3/08/2024
Listed
$250,000
-84.85%
MLS
1/06/2006
Sold
$1,650,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1056 W 87th St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$4,812
2%
$23,394
—
2021
$4,704
11%
$23,394
23%
2020
$4,232
-13%
$18,999
-21%
2019
$4,862
2%
$24,200
—
2018
$4,780
11%
$24,200
21%
2017
$4,323
7%
$20,080
—
2016
$4,022
9%
$20,080
—
2015
$3,680
-30%
$20,080
-29%
2014
$5,248
2%
$28,284
—
2013
$5,144
1%
$28,284
—
2012
$5,075
—
$28,284
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1056 W 87th St
1056 W 87th Street, Chicago, IL 60620 (MLS# 11999668) is a Business property. 1056 W 87th Street is currently listed for $250,000 and was received on March 08, 2024. Want to learn more about 1056 W 87th Street? Do you have questions about finding other Business real estate for sale in Auburn Gresham? You can browse all Auburn Gresham real estate or contact a Coldwell Banker agent to request more information.