1510 W 87th Street
Chicago, IL 60620

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Description

Value-Add Commercial Corner Opportunity in Chicago's Auburn Gresham Neighborhood. 1510 W 87th St offers a highly visible corner-lot commercial storefront. This one-story brick building features an impressive approximately 130 feet of frontage along 87th Street, providing excellent exposure, signage potential, and street presence. The property is currently owner-occupied and offers flexible use for retail, office, or neighborhood-serving business concepts. A standout feature of the property is the massive, fully fenced parking lot, an increasingly rare asset along high-traffic commercial corridors, offering significant value for both customers and operations. With its corner location, strong visibility, and flexible redevelopment or leasing potential, 1510 W 87th St is well-suited for investors or owner-users seeking a value-add commercial opportunity. The property may also be purchased individually or as part of a package with 1513 W 87th St across the street.

Features

• Property Type: Commercial
• Sub Type: Retail/Stores
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60620
• Year Built: 1948
• Sq.Ft.: 2,000 sq ft
• Stories: 1
• Units: 1 unit
• Zoning: RTAIL
• Building Area Total: 2000
• Construction Materials: Brick, Stone
• Directions: South Ashland Ave To W 87th St
• Electric: Fuses
• Fire Protection: None, Carbon Monoxide Detector(s)
• Heat/Ventilation: Forced Air
• Insurance Expense: 200
• Location: Corner, In City Limits
• Lot Size Source: County Records
• Lot Size Square Feet: 16653
• Main Type: Commercial Sale
• Outdoor Parking: 13-18 Spaces
• Property Offered: For Sale Only
• Property Sub Type: Retail
• Tax Annual Amount: 17479
• Tax Year: 2024
• Township: Lake
• Trash Expense: 120
• Utilities: Electric to Site, Natural Gas Available, Water Available
• Water Sewer Expense: 50
• Water Source: Shared Well