Chicago, IL 60619 864 E 87th Place
$210,000



1 more

Presented By: Coldwell Banker Realty
Home Details
** 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** -
Presented By: Coldwell Banker Realty
Interior Features for 864 E 87th Place
Bedrooms
Bedrooms Possible7
Total Bedrooms7
Bathrooms
Full Baths Building4
Half Baths Building1
Total Baths5
Other Interior Features
BasementUnfinished, Full
Total Number of Units2
General for 864 E 87th Place
CityChicago
Construction MaterialsFrame
CountyCook
DirectionsI-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 + 87t
Elementary School District299
HeatingNatural Gas
High School District299
MLS AreaCHI - Chatham
Middle/Junior School District299
New ConstructionNo
OwnershipFee Simple
PossessionImmediate
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameDauphin Park
Tax Annual Amount2321
Tax Year2023
Total Rooms11
TownshipHyde Park
Year Built1892
Exterior for 864 E 87th Place
Lot Dimensions2909
Parking FeaturesYes
Total Parking3
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
