1056 W 87th Street Chicago, IL ^$ 250,000

1056 W 87th Street

^$ 250,000

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1056 W 87th Street

Chicago, IL, 60620

^$ 250,000

Studio Baths0.0 Sq 600

Monthly Estimate*

^$ 1,662

1056 W 87th Street, Chicago, IL 60620 - Image 1

1056 W 87th Street, Chicago, IL 60620 - Image 2

Studio

Commercial Property for sale in Chicago, IL

for $250,000. This 600 square foot building was built on a lot size of 0.142998.

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.

Commercial Active

Price

^$ 250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 4,811

Style

Food & Beverage,Restaurant

Lot Size

0.142998

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11999668

Features

General

Cooling Central Air

Possession Closing

Zoning COMMR

Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Taxes Insurance Repairs Scavenger Sewer

Stories 1

Tax Year 2022

Current Use Commercial

Business Type Food & Beverage Restaurant

Business Name MAXWELL ESPRESS

County Cook

Operating Expense 0

Property Type Business Opportunity Bus / Bus w/Real Est

Status Active

Directions Corner of W 87th St & Aberdeen St

City Chicago

MLS Area CHI - Auburn Gresham

Lot Size Square Feet 6229

Waterfront Y/N N

Street Name 87th

Tax Annual Amount 4811

Additional Parcels Y/N N

Days on Market 5

Standard Status Active

Ownership Type Individual

Exterior

Building Area Total 600

Lot Dimensions 6229

Frontage Type City Street

Interior

Street Suffix Street

* Excluded Features

List By

Infiniti Properties, Inc.

Broker

nedmalley@aol.com

Affordability Calculator

$2,062

Per Month

Monthly Principal & Interest: $1,662
Monthly Property Taxes: $401
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$848,429

Percent of Sale Price 239%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/8/2024	$250,000		Listed Price

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1056 W 87th Street, Chicago, IL, 60620 is a Commercial Property for sale at $250,000 with 600 sqft and a lot size of 0.142998. 1056 W 87th Street is a studio with 0.0 baths. The property's zip code is 60620 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/9/2024.

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1056 W 87th Street

Commercial Property for sale in Chicago, IL

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