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.
Contingent
$134,000
2900 E 87th St, Chicago, IL 60617
6beds
--sqft
Est.:
Multi Family
Built in 1885
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 177 days |
- 15 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: September 26, 2025 at 12:06pm
Listing courtesy of:
Joseph Miles (847)343-8979,
Re/Max Properties Northwest
Source: MRED as distributed by MLS GRID,MLS#: 12401448
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 4
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 2
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
Lot
- Size: 3,920.4 Square Feet
- Dimensions: 125X32
Details
- Parcel number: 21314240300000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1885
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $110,000
- Annual tax amount: $2,321
- Date on market: 6/23/2025
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2025 | Contingent | $134,000 |
Source:  MRED as distributed by MLS GRID #12401448 Report a problem | ||
| 6/23/2025 | Listed for sale | $134,000-32.7% |
Source: MRED as distributed by MLS GRID #12401448 Report a problem | ||
| 6/14/2025 | Listing removed | $199,000 |
Source: MRED as distributed by MLS GRID #12083518 Report a problem | ||
| 6/13/2024 | Listed for sale | $199,000+48.5% |
Source: MRED as distributed by MLS GRID #12083518 Report a problem | ||
| 6/5/2024 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11801034 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $2,321 +2.6% | $11,000 |
| 2022 | $2,263 +2.3% | $11,000 |
| 2021 | $2,212 -24.4% | $11,000 -16.3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$927/mo
Principal & interest
$670
Property taxes
$210
Home insurance
$47
Climate risks
Neighborhood: South Chicago
Nearby schools
GreatSchools rating
- 4/10Mireles Elementary AcademyGrades: PK-8Distance: 0.5 mi
- 1/10Bowen High SchoolGrades: 9-12Distance: 0.3 mi
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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