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Price cut: $12,000
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Two to Four Units · Chicago, IL
$210,000$222,000
7 beds · 5 baths
864 E 87th Place, Chicago, IL, 60619
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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** -
— the listing agent’s description

The home

7 beds
5 baths
Built in 1892
Lot 2909
Two to Four Units

What it’ll cost

$2,321 taxes / yr
No HOA
Listed $222,000
Now $210,000
47 days on dwello

Estimated monthly payment

$1,371/mo
Principal & interest$1,117
Property taxes$193
Homeowners insurance$61
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Tour this home

In person, on your schedule — a dwello agent meets you there.
WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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47 days on dwello
Price history
Price reduced
May 3, 2026
↓ $12,000$210,000
Listed for sale
Mar 18, 2026
$222,000
Now $12,000 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$2,321/yr
Assessed value
2025
County assessor
$16,100~$161,000 mkt
2024
$16,100~$161,000 mkt
2023
$11,000~$110,000 mkt
2022
$11,000~$110,000 mkt
2021
$11,000~$110,000 mkt
2020
$14,343~$143,430 mkt
2019
$16,299~$162,990 mkt
2018
$16,299~$162,990 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Natural GasFramePublic SewerYes
Neighborhood
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MLS listing dataMRED
Listed by Terina Fountain · Coldwell Banker Realty
Listing last updated May 3, 2026 · data refreshed from the MLS Jun 17, 2026, 6:14 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:14 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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