1613 West 87th Street

Chicago, IL 60620

$875,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.
  1. Listed by Stephen Rachman • Marcus & Millichap Chicago Apartment Brokers

Property Details for 1613 West 87th Street

Area
CHI - Auburn Gresham
LISTING UPDATED: 11/03/2024 12:06 AM

Property Details for 1613 West 87th Street

StatusActive
MLS #12174318
Days on Market56
Taxes$13,987 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1929
Lot Size0.14 AC / 6,098 SF
CountyCook County

Building Information for 1613 West 87th Street

Stories3Residences10Year Built1929Lot Size0.14 AC / 6,098 SF

Property Information for 1613 West 87th Street

General Information
Location and General Information
  • Geographic Locale: Chicago Southwest
  • Information: None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Electric
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 8
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: .14
  • Lot Size Square Feet: 6098.0
  • Stories: 3
  • Fire Protection: Alarm Monitored
  • # Of Offices: 0
  • Retail SqFt: 3200
  • # Of Stores: 2
  • Property Sub Type: Apts/Stores
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 10
Income & Expenses
  • Electric Expense: $501.00
  • Fuel Expense: $.00
  • Gross Income: $178,920.00
  • Gross Scheduled Income: $166,846.00
  • Insurance Expense: $6,792.00
  • Electric Expense Source: Actual
  • Expense Year: 2023
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Other Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 14910
  • Water Expense Source: Actual
  • Net Operating Income: $96,845.00
  • Operating Expense: $70,000.00
  • Other Expense: $.00
  • Trash Expense: $1,946.00
  • Water Sewer Expense: $3,120.00

Property History for 1613 West 87th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1613 West 87th Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Foster Park Elementary School
PublicPK to 8

Harlan Community Academy High School
Public9 to 12

Bridgescape Academy Brainerd
Public9 to 12

LEARN Chtr - Hunter Perkins Camp
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1613 West 87th Street is a mixed use property for sale in Chicago, IL 60620. This property was listed for sale on September 26, 2024 by Marcus & Millichap Chicago Apartment Brokers, it's currently listed at $875,000. It has been on the market for a total of 56 days and was last sold on April 12, 2022. This listing's school district is Chicago Public Schools. Nearby schools include Foster Park Elementary School, Harlan Community Academy High School and Bridgescape Academy Brainerd. 1613 West 87th Street is a 0-bed, 0-bath, mixed use property built in 1929.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap Chicago Apartment Brokers

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/03/2024 12:06 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.