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  • $130,000

    864 E 87th Pl, Chicago, IL 60619

    7beds
    --sqft
    Multi Family
    Built in 1892
    -- sqft lot
    $130,500 Zestimate®
    $--/sqft
    $1,833 Estimated rent

    Home value

    $130,500

    $119,000 - $144,000

    $1,833/mo

    Zestimate® history
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    Rent Zestimate®

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    What's special

    ** 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**

    Zillow last checked:

    Listing updated:

    Listed by:

    Terina Fountain (312)909-6387,

    Coldwell Banker Realty

    Bought with:

    Carson Gedaly

    HomeSmart Connect LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12701906MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Natural Gas
    Features
    • Basement: Unfinished,Full

    Property

    Parking
    • Total spaces: 3
    • Parking features: Unassigned, Off Alley, Yes
    Lot
    • Size: 2,909 Square Feet
    Details
    • Parcel number: 25021000450000
    • Special conditions: Exceptions-Call List Office,List Broker Must Accompany

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding
    Condition
    • New construction: No
    • Year built: 1892

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $161,000
    • Annual tax amount: $2,321
    • Date on market: 7/28/2026
    • Listing terms: Renovation Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/14/2026Sold$130,000-31.6%
    Source: MRED as distributed by MLS GRID #12701906 Report a problem
    8/27/2026Pending sale$190,000
    Source: MRED as distributed by MLS GRID #12701906 Report a problem
    8/6/2026Listed for sale$190,000
    Source: MRED as distributed by MLS GRID #12701906 Report a problem
    7/28/2026Contingent$190,000-9.5%
    Source: MRED as distributed by MLS GRID #12701906 Report a problem
    7/6/2026Listing removed$210,000
    Source: MRED as distributed by MLS GRID #12595709 Report a problem
    4/27/2026Listed for sale$210,000
    Source: MRED as distributed by MLS GRID #12595709 Report a problem
    4/19/2026Pending sale$210,000
    Source: MRED as distributed by MLS GRID #12595709 Report a problem
    4/9/2026Price change$210,000-5.4%
    Source: MRED as distributed by MLS GRID #12595709 Report a problem
    3/19/2026Listed for sale$222,000+20%
    Source: MRED as distributed by MLS GRID #12595709 Report a problem
    4/12/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    3/21/2022Listed for rent$1,600+33.3%
    Source: Zillow Rental Manager Report a problem
    2/16/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    1/30/2021Listed for rent$1,200
    Source: Zillow Rental Manager Report a problem
    12/26/2020Listing removed--
    Source: Owner Report a problem
    8/18/2020Listed for rent$1,200-14.3%
    Source: Owner Report a problem
    6/4/2019Listing removed$1,400
    Source: Go Section8 Report a problem
    5/3/2019Listed for rent$1,400+21.7%
    Source: Go Section8 Report a problem
    12/4/2017Listing removed$1,150
    Source: Go Section8 Report a problem
    11/28/2017Price change$1,150-4.2%
    Source: Go Section8 Report a problem
    9/12/2017Listed for rent$1,200+9.1%
    Source: Go Section8 Report a problem
    8/1/2017Listing removed$1,100
    Source: Go Section8 Report a problem
    6/27/2017Listed for rent$1,100
    Source: Go Section8 Report a problem
    3/9/2017Listing removed$1,100
    Source: Go Section8 Report a problem
    1/12/2017Listed for rent$1,100
    Source: Go Section8 Report a problem
    3/4/2004Sold$185,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,235 +39.4%$16,100 +46.4%
    2023$2,321 +2.6%$10,999
    2022$2,262 +2.3%$10,999
    2021$2,212 -30.8%$10,999 -23.3%
    2020$3,195 -2.4%$14,343 -12%
    2019$3,275 +1.7%$16,299
    2018$3,220 -18.2%$16,299 -10.9%
    2017$3,936 +7.5%$18,283
    2016$3,662 +9.3%$18,283
    2015$3,350 +16.3%$18,283 +17.8%
    2014$2,880 +2%$15,520
    2013$2,823 +1.4%$15,520
    2012$2,785 -7%$15,520 -16.1%
    2011$2,996 -0.4%$18,488
    2010$3,008 +4.4%$18,488
    2009$2,883 +2.8%$18,488 -5.5%
    2008$2,806 +1%$19,558
    2007$2,778 -1.1%$19,558
    2006$2,808 +36.7%$19,558 +55.5%
    2005$2,055 +1%$12,574
    2004$2,034 +56.2%$12,574
    2003$1,302 -5.4%$12,574 +32.6%
    2002$1,376 +6.6%$9,483
    2001$1,292 +45.5%$9,483
    2000$888 +0.7%$9,483 +43.2%
    1999$881 $6,622
    Find assessor info on the county website

    Neighborhood: Burnside

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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