864 E 87th Place, Chicago, IL 60619
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
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Price $210,000
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Bedrooms 7
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Year Built 1892
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Property Type Multi Family
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Property Status Active
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Parking Total 3
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Parcel Number 25021000450000
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Water Source Public
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Sewer Public Sewer
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MLS Status Active
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Days On Market 102
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Cumulative Days On Market 47
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Tax Annual Amount 2321
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Heating Natural Gas
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Parking Features Yes
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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.
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Subdivision Name Dauphin Park
Address
Open on Google Maps- Address 864 E 87th Place
- City Chicago
- State/county IL
- Zip/Postal Code 60619
- Country United States
Overview
- Multi Family
- 7
- 1892
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