Oak Lawn, IL 60453 5407 W 87th Street

OPEN HOUSE Sat, Jun 06 2026 12:00 PM - 02:00 PM
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Presented By: Berkshire Hathaway HomeServices Chicago
  • MLS# 12655042
  • 05/28/2026
  • Request Tour
  • Request Info
  • Beds • 6
  • Full/Half Baths • 4 / 2
  • Garage • 2

Home Details

Solid brick 2-flat with strong income potential and major updates already completed! Both spacious units offer approximately 1,500 square feet of living space with 3 bedrooms, 1.1 baths, individual furnaces, central air, and private in-unit laundry hook-up. Newer windows and roof provide added value and peace of mind. The first-floor unit includes garage access and rents for $1,800 per month plus utilities. The second-floor unit rents for $1,450 per month plus utilities and has a long-term tenant history. Ample off-street parking adds convenience for tenants and guests alike. Well-maintained, solidly built investment property offering excellent cash flow potential in a desirable location. A rare opportunity for investors or owner-occupants seeking rental income and long-term value!
Presented By: Berkshire Hathaway HomeServices Chicago

Interior Features for 5407 W 87th Street

Bedrooms

Bedrooms Possible6
Total Bedrooms6

Bathrooms

Full Baths Building2
Half Baths Building2
Total Baths4

Other Interior Features

BasementCrawl Space
Total Number of Units2

General for 5407 W 87th Street

CityOak Lawn
Construction MaterialsBrick
CountyCook
DirectionsCICERO AVE. TO 87 ST. WEST TO PROPERTY
Elementary School District123
Garage Spaces2.5
Gross Income38000
HeatingNatural Gas, Forced Air
High School District229
MLS AreaOak Lawn
Middle/Junior School District123
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer, Storm Sewer
Standard StatusActive
StatusActive
Tax Annual Amount11622
Tax Year2023
Total Rooms10
TownshipWorth
Year Built1988
ZoningMULTI

Exterior for 5407 W 87th Street

Foundation DetailsConcrete Perimeter
Lot Dimensions67 X 120
Model2 FLAT
Parking FeaturesGarage Door Opener, Garage, Yes, Garage Owned, Detached, Assigned, Off Street, Side Apron, Driveway, Owned
Total Parking10.5
Water SourceLake Michigan
Waterfront Y/NNo

Additional Details

Price History

Client Care

Price $520,000
MLS#12655042
List Date 05/28/2026
Property Type Multi-Family
Phone 847.485.2500
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