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6421 W 87th Street

Oak Lawn, IL 60453
  • $3,300,000
  • STATUS: Active
  • ON SITE: 170 Days
  • MLS #: 12436224
UPDATED: 48 min ago
$3,300,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1968
County:
Area:

School Ratings & Info

Description

Offering a prime investment opportunity in Oak Lawn, IL: 6417-6421 W 87th St. The well-maintained property boasts a 15,810 SF building on a +/-48,138 site (roughly 1.10 acres) Features 6 fully leased units. The property offers a solid revenue stream from day one. Renovated in 2025, it presents a contemporary, attractive space for tenants and shoppers alike. Situated in the Chicago MSA at the Oak Lawn & Burbank borders, this Fully occupied strip center is a beacon for retail investors seeking a stable, high-performing asset in a thriving market. With its strategic location and strong tenant base, this property represents an exceptional addition to an investment portfolio.

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2026-01-20T23:01:17.88 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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6421 W 87th Street Oak Lawn, IL 60453

  • Price: $3,300,000
  • Status: Active
  • On Site: 170 Days
  • Updated: 48 min ago
  • MLS #: 12436224
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1968
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Offering a prime investment opportunity in Oak Lawn, IL: 6417-6421 W 87th St. The well-maintained property boasts a 15,810 SF building on a +/-48,138 site (roughly 1.10 acres) Features 6 fully leased units. The property offers a solid revenue stream from day one. Renovated in 2025, it presents a contemporary, attractive space for tenants and shoppers alike. Situated in the Chicago MSA at the Oak Lawn & Burbank borders, this Fully occupied strip center is a beacon for retail investors seeking a stable, high-performing asset in a thriving market. With its strategic location and strong tenant base, this property represents an exceptional addition to an investment portfolio.
Exterior Features

Foundation Details Concrete Perimeter Outdoor Parking 51-100 Spaces Roof Membrane

Interior Features

Cooling Central Air Heat Ventilation Central Heat/Indiv Controls Miscellaneous Inside Storage Inside Number Of TLDocks 0

Property Features

Additional Parcels YN No Building Area Total 15810 Business Type Retail Current Use CommercialOffice Electric Circuit BreakersSeparate Meters Fire Protection Sprinklers-Wet Gross Income 414915 Gross Scheduled Income 414915 Insurance Expense 10160 Leasable Area 15810 Location Central Business DistrictMixed Use Area Mls Actual Status Active Net Operating Income 254336 Number Of Tenants 6 Operating Expense 160579 Property Offered For Sale Only Tax Annual Amount 107711 Tax Year 2023 Tenant Pays Common Area MaintenanceElectricityHeatJanitorial ServiceTaxesScavengerVaries by Tenant Total Monthly Income 34576 Township Worth Type Retail/Stores Zoning COMMR

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of Network Property Managment LLC: 708-873-5540.


© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2026-01-20T23:01:17.88 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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