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Pending
    • $190,000

    864 E 87th Pl, Chicago, IL 60619

    7beds
    --sqft
    : 
    $1,467/mo
    Get pre-qualified
    Multi Family
    Built in 1892
    -- sqft lot
    $184,500 Zestimate®
    $--/sqft
    $-- HOA

    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**
    32 days
    236
    13

    Zillow last checked:

    Listing updated:

    Listed by:

    Terina Fountain 312-909-6387,

    Coldwell Banker Realty

    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
      • Ownership: Fee Simple

        Estimated market value

        $184,500

        $175,000 - $194,000

        $2,082/mo

        Price history

        DateEventPrice
        8/27/2026Pending sale$190,000
        Source: MRED as distributed by MLS GRID #12701906 Report a problem
        8/6/2026Listed for sale$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

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: Burnside

        Getting around

        82 / 100
        Very Walkable
        59 / 100
        Good Transit
        48 / 100
        Somewhat Bikeable

        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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