864 E 87th Place
Chicago, IL 60619
7
Bed
5
Bath
** 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
Property Details
Map
Map
Features
-
Bedroom Information
Total Bedroom: 7Bathroom Information
Total Baths: 5Room Information
Rooms Total: 11 -
Flooring Information
Construction Materials: Frame -
Heating & Cooling
Heating: Natural Gas WaterSource: Public
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Building Information
Year Built: 1892
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Lot Information
Lot Dimensions: 2909 Lot Size: Less Than .25 AcreProperty Information
Property Type: Residential Income Sub Type: Two to Four Units
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Listing Price Information
Original List Price:$222000
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Tax Information
Annual Tax: $2321 Tax Year: 2023 Parcel Number: 25021000450000
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Parking Information
Total Parking: 3 Yes
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Utility Information
Sewer: Public Sewer Water Source: Public -
Location Information
Subdivision: Dauphin Park City: Chicago Direction: 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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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1518 E 73rd Place, Chicago, IL, 60619 | $320,000 | 6 | 2 | 1,880 | 1,880 SqFt |
| 500 E 92nd Street, Chicago, IL, 60619 | $225,000 | 4 | 2 | 1,200 | 1,200 SqFt |
| 8533 S Rhodes Avenue, Chicago, IL, 60619 | $289,900 | 5 | 3 | 801 | 801 SqFt |
| 7302 S Dorchester Avenu.., Chicago, IL, 60619 | $99,000 | 2 | 1 | 960 | 960 SqFt |
| 46 E 91st Street, Chicago, IL, 60619 | $265,000 | 3 | 2 | 1,400 | 1,400 SqFt |
| 8641 S Calumet Avenue, Chicago, IL, 60619 | $225,000 | 3 | 2 | 1,000 | 1,000 SqFt |
| 9348 S Michigan Avenue, Chicago, IL, 60619 | $330,000 | 4 | 3 | 1,488 | 1,488 SqFt |
| 414 E 91st Place, Chicago, IL, 60619 | $230,000 | 3 | 2 | 1,419 | 1,419 SqFt |
| 7356 S Kenwood Avenue, Chicago, IL, 60619 | $300,000 | 3 | 3 | 1,540 | 1,540 SqFt |
| 7324 S Blackstone Avenue, Chicago, IL, 60619 | $99,000 | 3 | 2 | 1,338 | 1,338 SqFt |
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ByOwner last updated this listing 06/25/2026 @ 18:20
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