1607 W 87th St | Chicago, IL 60620
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This Retail Property is no longer advertised on LoopNet.com.
1607 W 87th St
Chicago, IL 60620
Vacant Chicago QSR on Developable Parcel · Retail Property For Sale

INVESTMENT HIGHLIGHTS
- The site offers an investor or user the opportunity to acquire a prominent Chicago parcel primed for redevelopment, with a QSR of 1,000 SF.
- Value-add opportunity to acquire a stake in the growing Chicago retail market with a freestanding retail building with two drive-thrus.
- Chicago's retail success has largely been driven by prominent restaurant scene, which includes market gains in the quick-service industry.
- Located at the the intersection of 87th Street and Ashland Avenue, providing a signage opportunity with visibility to 30,000 vehicles per day.
- Robust surrounding demographics include a population of 720,000 people with 5 miles who spent over $6 billion in 2023 alone.
PROPERTY FACTS
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
- Retail
- General Retail Convenience Store
- Office Office Residential
Building Size
1,000 SF
Building Class
C
Year Built
1992
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.28 AC
Parcel Number
25-06-206-048-0000
Zoning
B3-2
Parking
7 Spaces (7 Spaces per 1,000 SF Leased)
Frontage
- 96’ on West 87th Street
- 133’ on Ashland Avenue
AMENITIES
- Drive Thru
Listing ID: 32642682
Date on Market: 7/31/2024
Last Updated:
Address: 1607 W 87th St, Chicago, IL 60620
The Gresham Retail Property at 1607 W 87th St, Chicago, IL 60620 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS
- Southwest Chicago Retail Space
- Downtown Chicago Retail Space
- South Chicago Retail Space
- South Lakefront Retail Space
- Beverly Retail Space
- Gresham Retail Space
- Roseland Retail Space
- Bronzeville Retail Space
- South Loop Retail Space
- Calumet Heights Retail Space
- Brighton Park Retail Space
- Englewood Retail Space
- Little Village Retail Space
- Brainerd Retail Space
- Ashburn Retail Space
NEARBY LISTINGS
- 1914 W 79th St, Chicago IL
- 5512 W 79th St, Burbank IL
- 5259 S Ashland Ave, Chicago IL
- 6512 S Ashland Ave, Chicago IL
- 1301-1309 E 87th St, Chicago IL
- 2701 W 87th St, Evergreen Park IL
- 9321 S Western Ave, Chicago IL
- 344 E 63rd St, Chicago IL
- 3247 W 79th St, Chicago IL
- 10142 S Western Ave, Chicago IL
- 9215 S Ashland Ave, Chicago IL
- 7748 S Kedzie Ave, Chicago IL
- 9520 S Jeffrey, Chicago IL
- 5370 W 95th St, Oak Lawn IL
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MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
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