2900 East 87th Street

Chicago, IL 60617

$199,000
Price
8
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great investment opportunity! Large 3 unit all brick, plus small storefront. Great day care opportunity. Great potential for investors. Estimated after rehab value 480,000, not including potential sign income which could add an additional 1k plus monthly Great positive cash flow when completed Bring all offers. Nice transitional area.Great investment opportunity! Large 3 unit all brick, plus small storefront. Great day care opportunity. Great potential for investors. Estimated after rehab value 480,000, not including potential sign income which could add an additional 1k plus monthly Great positive cash flow when completed Bring all offers. Nice transitional area.
  1. Listed by Joseph Miles • Re/Max Properties Northwest

Property Details for 2900 East 87th Street

Area
CHI - South Chicago
Township
Hyde Park
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Heat/Fuel
Natural Gas
LISTING UPDATED: 09/27/2024 01:59 PM

Property Details for 2900 East 87th Street

StatusActive
MLS #12083518
Days on Market254
Taxes$3,034 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1885
Lot Size0.09 AC / 3,920 SF
CountyCook County

Building Information for 2900 East 87th Street

Stories-Residences3Year Built1885Building Size-Lot Size0.09 AC / 3,920 SF

Property Information for 2900 East 87th Street

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 20
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 8
  • Basement Description: Unfinished
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 125X32
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 9
  • East Coordinate: 3
  • West Coordinate: 0
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 33
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 0
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 0
Unit 3
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 0

Property History for 2900 East 87th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2900 East 87th Street

Taxable ValueLand$4,000Additions$7,000Total$11,000
Tax Record2022$2,263 ($189 / month)
Home Facts
Baths4Total Finished SqFt4,224 SqFtAbove Grade Finished SqFt4,224 SqFtStories2Lot Size4,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1890CountyCOOKAPN21-31-424-030

Schools near 2900 East 87th Street

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

Bowen High School
Public9 to 12

Baker College Prep
Charter9 to 12

Great Lakes Academy
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.

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2900 East 87th Street is a multi-family home for sale in Chicago, IL 60617. This property was listed for sale on June 13, 2024 by Re/Max Properties Northwest, it's currently listed at $199,000. This listing's school district is Chicago Public Schools. Nearby schools include Mireles Elementary Academy, Bowen High School and Baker College Prep. 2900 East 87th Street is a 8-bed, 4-bath, multi-family home built in 1885.

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 Re/Max Properties Northwest

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 09/27/2024 01:59 PM. 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.