864 E 87th Place, Chicago, IL
  • $210,000
  • $222,000

Description

** Prime 2-Unit Investment Opportunity – Oversized Lot! ** Welcome to 864 E 87th Place – a fantastic income-generating property situated on an **oversized lot** offering both space and strong rental potential! This 2-unit building with a duplexed second floor is ideal for investors or owner-occupants seeking to maximize returns. **Property Highlights:** * **Unit 1 (1st Floor):** 3 bedrooms, 2 bathrooms – *currently tenant-occupied with steady income* * **Unit 2 (Duplex):** Spacious **4-bedroom, 2.5-bathroom** layout spanning the upper levels – *vacant and move-in ready* * Large lot with backyard space – ideal for outdoor use, gardening, or future enhancements * Unique architectural character with abundant natural light **Investment Potential:** * Live in one unit and rent the other, or fully lease both for maximum cash flow * Duplex layout offers premium rental value * Strong opportunity in a growing area with consistent demand * Showings **by appointment only** * **48-hour notice required** * **No lockbox** –

  • Listing Courtesy of: Coldwell Banker Realty

Details

Updated on June 28, 2026 at 1:51 am
  • Property ID MRD12595709
  • Price $210,000
  • Bedrooms 7
  • Year Built 1892
  • Property Type Multi Family
  • Property Status Active
  • Parking Total 3
  • Parcel Number 25021000450000
  • Water Source Public
  • Sewer Public Sewer
  • MLS Status Active
  • Days On Market 102
  • Cumulative Days On Market 47
  • Tax Annual Amount 2321
  • Heating Natural Gas
  • Parking Features Yes
  • Directions I-94 (Dan Ryan) to 87th St (Exit 61B), east to Cottage Grove Ave, north to 87th Place, east to property. From Lake Shore Dr: 87th St west to Cottage Grove, north to 87th Place. CTA Red Line to 87th + 87th St bus east to Cottage Grove.
  • Subdivision Name Dauphin Park
  • Address 864 E 87th Place
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60619
  • Country United States

Overview

Property ID: MRD12595709
  • Multi Family
  • Property Type
  • 7
  • Bedrooms
  • 1892
  • Year Built

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