1955 E 87th Street Chicago, IL ^$ 385,000

1955 E 87th Street

^$ 385,000

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Recently Listed

1955 E 87th Street

Chicago, IL, 60617

^$ 385,000

Studio Baths0.0

Monthly Estimate*

^$ 2,371

1955 E 87th Street, Chicago, IL 60617 - Image 1

Studio

Lots and Land for sale in Chicago, IL

for $385,000. The lot size is 0.37.

16,500sf lot located the southwest corner of 87th & Jeffery which has a 4-way traffic light at the intersection. The lot dimensions are (132' x 125'). The property is zoned B3-1 which will allow for a variety of uses. Great location for a single use tenant such as retail, office or fast food.

Lots and Land Active

Price

^$ 385,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 3,986

Style

Lot Size

0.37

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12574031

Features

General

Heating None

Cooling None

Utilities Electric to Site Natural Gas Available Sewer Connected

Possession Closing Immediate

Zoning COMMR

Township Hyde Park

Tax Year 2024

Ownership Fee Simple w/ HO Assn.

Additional Parcels Description 25011090410000

County Cook

Property Type Land Land

Status New

Directions 87th St east or west to the Jeffery

City Chicago

High School District 299

MLS Area CHI - Calumet Heights

Tax Annual Amount 3986.24

Additional Parcels Y/N Y

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Exterior

Water Source Municipal Water

Total Parking 0

Lot Dimensions 132 X 125

Lot Size Acres 0.37

Road Surface Type Asphalt

Frontage Length 132

Frontage Type City Street

Waterfront Y/N N

Interior

Total Baths 0

* Excluded Features

List By

Network Property Managment Llc

Broker

neil@haleem.net

Affordability Calculator

$2,703

Per Month

Monthly Principal & Interest: $2,371
Monthly Property Taxes: $332
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Chicago, IL

Average List Price ^$323,983

Percent of Sale Price 16%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/21/2026	$385,000		Listed Price

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1955 E 87th Street, Chicago, IL, 60617 is a Lots and Land for sale at $385,000 with a lot size of 0.37. 1955 E 87th Street is a studio with 0.0 baths. The property's zip code is 60617 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 2/22/2026.

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1955 E 87th Street

Lots and Land for sale in Chicago, IL

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