This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/17
1639 E 87th Street, Chicago, IL 60617
$249,000
1639 E 87th Street, Chicago, IL 60617View this property at 1639 E 87th Street, Chicago, IL 60617
1639 E 87th StreetChicagoIL60617
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/17
Property Description
Tremendous Investment opportunity near one of Chicago's busiest and historically solid corridors. Near the corner of Stony Island Avenue and 87th Street your national co-tenants include Walgreens, Citibank, CVS, Checkers and highly respected Chicago local tenants including Mayfair Dance Academy and Harolds Chicken!! Fully occupied asset with solid tenants including a nursing school and clothing retailer. Strong income, low expenses. Parking in rear for more than 8 cars. This Calumet Heights commercial corridor is where your investment or your business with thrive. Easy street parking, high visibility, high population and the Pill Hill neighborhood has one of the South Side's highest income. Great neighbors in a steady retail investment corridor. Do not disturb tenants, but easy to show.
Full Property Details
Full Property Details for 1639 E 87th St
General
- Price: $249,000
- Taxes: $12,770 (2022)
- Status: Active
- Type: Store
- MLS ID: 11886052
- Updated: 4/7/2024
- Added to Site: 29 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Parking
- Parking Features: 6 to 12 Spaces
Location
- Area: CHI - Calumet Heights
- County: Cook
- Township: Hyde Park
- Driving Directions: Near 87th and Stony Island. East of Stony on 87th.
- Location Details: Central Business District, Public Transport Avail, Freestanding/Urban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls
Structural Information
- Stories/Levels: 1
- Square Feet: 4,000
- Current Bldg. Use: Commercial
- Year Built: 1958
Unit Information
- # Tenants: 2
Lot Features
- Lot Size (Sq. Ft.): 6,100
- Lot Dimensions: 50 x 122
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Insurance Fee: $2,502
- Other Fee: $1,005
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1958
- Tax Amount: $12,770
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Insurance, Repairs, Scavenger
Disclosures and Reports
- Property ID: 25011000120000
Listed by EXIT Strategy Realty
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 1639 E 87th St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
8546 S Cregier Ave, Chicago, IL 60617 | PK-8 | 0.2 mi | |
Bowen Environmental Studies High School
2710 E 89th St, Chicago, IL 60617 | 9-12 | 1.3 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 1639 E 87th St
Date
Details
Price
Change
Source
4/01/2024
Listed
$249,000
-58.5%
MLS
3/15/2007
Sold
$600,000
—
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 1639 E 87th St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$5,752
1%
$23,848
—
2021
$5,668
-39%
$23,848
-33%
2020
$9,256
11%
$35,625
—
2019
$8,321
2%
$35,625
—
2018
$8,172
4%
$35,625
12%
2017
$7,865
78%
$31,925
65%
2016
$4,417
-35%
$19,319
-39%
2015
$6,779
16%
$31,875
18%
2014
$5,837
1%
$27,103
—
2013
$5,772
2%
$27,103
—
2012
$5,675
—
$27,103
—
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 1639 E 87th St
1639 E 87th Street, Chicago, IL 60617 (MLS# 11886052) is a Store property. 1639 E 87th Street is currently listed for $249,000 and was received on April 01, 2024. Want to learn more about 1639 E 87th Street? Do you have questions about finding other Store real estate for sale in Calumet Heights? You can browse all Calumet Heights real estate or contact a Coldwell Banker agent to request more information.