Chicago, IL 60619 864 E 87th Place

864 E 87th Place Chicago, IL - Image 1864 E 87th Place Chicago, IL - Image 2864 E 87th Place Chicago, IL - Image 3
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Presented By: Coldwell Banker Realty
  • MLS# 12595709
  • 03/18/2026
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  • Beds • 7
  • Full/Half Baths • 5 / 1

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

Client Care

Price $210,000
MLS#12595709
List Date 03/18/2026
Property Type Multi-Family
Phone 847.485.2500
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