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$310,000
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Property Description
This exceptional two-unit building is on the market in the vibrant Stony Island/Burnside TIF District, offering an unbeatable combination of location, versatility, and potential. Strategically positioned near the bustling Stony Island Avenue thoroughfare, the property enjoys excellent visibility and accessibility. Boasting approximately 3,000 square feet of adaptable space, this building presents a wealth of possibilities. Currently configured as a medical office, it can easily be repurposed for various uses, including retail space, a drive-thru restaurant, a co-working hub, an educational center, a wellness spa, or a venue. Each unit features its own private entrance, providing flexibility and convenience for tenants. Unit 1 has a vehicle drop-off area, a waiting room, multiple rooms, a private office, a kitchen, and two bathrooms. Unit 2 offers direct frontage on 87th Street and includes a reception area, a spacious open workspace, private offices, and a full bathroom. The property provides ample parking, ensuring easy access for patrons and staff. Its prime corner lot location guarantees high visibility, attracting potential clients and tenants.
Full Property Details
Full Property Details for 1747 E 87th St
General
- Price: $310,000
- Taxes: $13,543 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12479984
- Updated: 1/6/2026
- Added to Site: 114 day(s) ago
Interior
- Interior Features: Common Lunchroom(s), Accessible Entrance, Accessible Washroom/s, Private Restroom(s)
- Flooring: Tile, Wood
Additional Information
- Security/Safety: Alarm Monitored, Fire Extinguisher(s), Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Location
- Area: CHI - Calumet Heights
- County: Cook
- Township: Hyde Park
- Driving Directions: Stoney Island Ave to E 87th, east to property on SW corner of 87th and S Cregier
- Location Details: Chicago South
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Sub-Flooring: Tile, Wood
- Stories/Levels: 1
- Square Feet: 3,000
- Current Bldg. Use: Medical/Dental
- Year Built: 1958
- Built Before 1978: Yes
Unit Information
- # Tenants: 2
Lot Features
- Lot Size (Sq. Ft.): 9,075
- Lot Dimensions: 75 x 121
- Zoning: OFFIC
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm Monitored, Fire Extinguisher/s, Smoke or Fire Protectors, Carbon Monoxide Detector(s)
- Assessment Year: 1958
- Tax Amount: $13,543
- Tax Year: 2023
Disclosures and Reports
- Property ID: 25011010190000
Listed by Legacy Brokers Group LLC
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Schools
Schools serving 1747 E 87th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Caldwell Elementary Academy Of Math & Sci 8546 South Cregier Avenue, Chicago, IL 60617 | 6-8 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1747 E 87th St
Date
Details
Price
Change
Source
12/31/2025
Price Reduced
$310,000
-1.59%
MLS
11/04/2025
Price Reduced
$315,000
-0.63%
MLS
9/24/2025
Listed
$317,000
86.47%
MLS
11/22/2010
Sold
$170,000
—
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 1747 E 87th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,802
3%
$23,340
—
2022
$5,630
1%
$23,340
—
2021
$5,548
6%
$23,340
15%
2020
$5,256
11%
$20,230
—
2019
$4,725
-34%
$20,230
-35%
2018
$7,185
36%
$31,322
46%
2017
$5,291
8%
$21,476
—
2016
$4,911
8%
$21,476
—
2015
$4,568
-12%
$21,476
-10%
2014
$5,167
-40%
$23,994
-41%
2013
$8,633
127%
$40,535
123%
2012
$3,811
—
$18,199
—
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 1747 E 87th St
1747 E 87th Street, Chicago, IL 60617 (MLS# 12479984) is a Commercial property. 1747 E 87th Street is currently listed for $310,000 and was received on September 24, 2025. Want to learn more about 1747 E 87th Street? Do you have questions about finding other Commercial 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.

