$222,000

864 E 87th Place, Chicago, IL 60619

  • 7 beds |
  • 5 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1892
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 16 days ago

Property 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 Status:
Active
Data Last Updated:
April 3, 2026 at 7:18AM
Listing Office:
Coldwell Banker Realty : 312-909-6387
Listing Agent:
Terina Fountain : 312-909-6387
MLS ID:
12595709
  • Basement: UnfinishedFull
  • Heating: Natural Gas
  • Parking: YesParking spaces: 3
  • Originating MLS: mred
  • School District: 299
  • County: Cook
  • Zoning: 25021000450000
  • Water: Public
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Terina Fountain , Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Ashe Elementary School

8505 S Ingleside Ave, Chicago, IL, 60619

Grades PK-8

0.28 miles away

A

Ashe Elementary School

8505 S Ingleside Ave, Chicago, IL, 60619

Grades PK-8

0.28 miles away

Y

Yccs Charter - Chatham

9035 S Langley Ave, Chicago, IL, 60619

Grades 9-12

0.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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