Chicago, IL 60617 2153 E 87th Street
$1,875,000



4 more




Presented By: Triton Realty Group LLC
Home Details
Proud to present 2153 E. 87th, an 18 unit courtyard building located in a desirable neighborhoods of Avalon Park/Calumet Heights. Unit mix consists of (6) 2bd 1ba's and (12) 1bd 1ba's. Building improvements include new tear off shingle roof with insulated roof cavity and new gutters and downspouts (2020), insulated hot water pipes (2020), two modulating high-end efficient radiant heat boilers (2021), common area carpet in front and refinished rear stairwells, new electrical fixtures in front and rear stairwells, security cameras (2020). Strong in place income with opportunity to raise to market rents. Additional income from parking and laundry. Location is close to 90 expressway, parks, retail and a short drive away from Lake Michigan.
Presented By: Triton Realty Group LLC
General for 2153 E 87th Street
Additional Parcels Y/NNo
Cap Rate7.49
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CountyCook
Directionscorner of Paxton and 87th
Electric Expense1693
Fuel Expense12612
Gross Income265771
Insurance Expense12613
MLS AreaCHI - Calumet Heights
MaintenanceExpense6885
Net Operating Income142599
Number Of Units Total18
Operating Expense110092
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories Count3
Tax Annual Amount33270
Tax Year2024
TownshipHyde Park
Trash Expense2437
Water Sewer Expense8004
Year Built1965
ZoningMULTI
Exterior for 2153 E 87th Street
Lot Dimensions135x100
Additional Details
Price History
