Chicago, IL 60617,1800 E 87th ST

$40,000

Est. payment /mo

$50,000

20.0%
Est.Price: ?

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1800 E 87th ST Chicago, IL 60617

2,600 SqFt

SOLD DATE : 12/30/2025

Key Details

Sold Price $40,000

Property Type Commercial

Sub Type Bus / Bus w/Real Est

Listing Status Sold

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $15

MLS Listing ID 12519412

Sold Date 12/30/25

Annual Tax Amount $120,280

Tax Year 2023

Lot Dimensions 0.323

Property Sub-Type Bus / Bus w/Real Est

Property Description

Retail convenience store business for sale. Express Food Market offers 1,800 sq. ft. of space with 10 parking spots and operates under a lease at $10,000 per month, with a 3-year term and a 3-year renewal option. Landlord is willing to transfer the lease to the new owner under the existing lease name, Express Lottery Inc. Sale includes all fixtures, equipment, freezers, coolers, and counter space. The business has had no recent renovations and has no known code violations or restrictions. Tenant is responsible for grass maintenance, snow removal, heat, gas, and general utilities. Two employees currently work at the store and may remain after the sale. No supplier contracts are in place, and the business carries no liens, mortgages, or debts. Asking price is $50,000 for the business only.

Location

State IL

County Cook

Area Chi - Avalon Park

Interior

Cooling Central Air

Fireplace N

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Midwest Real Estate Data (MRED) IDX
Listed by Ed Abed of  HomeSmart Realty Group 
Bought with Ed Abed of HomeSmart Realty Group
Suzanne Martin

Suzanne Martin

Advisor | License ID: 475123131

+1(847) 471-3150

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