2135 E 87th Street Chicago, IL ^$ 184,000

2135 E 87th Street

^$ 184,000

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Recently Listed

2135 E 87th Street

Chicago, IL, 60617

^$ 184,000

Studio Baths0.0

Monthly Estimate*

^$ 1,133

2135 E 87th Street, Chicago, IL 60617 - Image 1

2135 E 87th Street, Chicago, IL 60617 - Image 2

2135 E 87th Street, Chicago, IL 60617 - Image 3

2135 E 87th Street, Chicago, IL 60617 - Image 4

Studio

Lots and Land for sale in Chicago, IL

for $184,000. The lot size is 0.16.

Located at the intersection of 87th St. and Merrill Ave. across the street from the historic Chicago Vocational High School and walking distance from Jesse Owens Park - which features various indoor and outdoor activities. Along the 87th street strip, east to west of the listing, you'll find both local businesses and multifamily housing. If you dive deeper, going north or south along Merrill Ave you'll see single family residences. See offering memorandum for more details.

Lots and Land Active

Price

^$ 184,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 1,731

Style

Commercial

Lot Size

0.16

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12644232

Features

General

Utilities Electricity Nearby Natural Gas Nearby Sewer Nearby

Possession Closing

Township Hyde Park

Tax Year 2024

Current Use Commercial

Ownership Fee Simple

Additional Parcels Description 25012030020000

County Cook

Property Type Land Land

Possible Use Commercial Development Multi-Family Retail

Status New

Directions 87th street to Merrill Ave

City Chicago

High School District 299

MLS Area CHI - Calumet Heights

Tax Annual Amount 1731.16

Additional Parcels Y/N Y

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Exterior

Total Parking 0

Lot Dimensions 57.568 x 125

Lot Size Acres 0.16

Road Surface Type Asphalt

Frontage Length 182.5

Frontage Type City Street

Waterfront Y/N N

Interior

Total Baths 0

* Excluded Features

List By

Baird & Warner

Broker

ayanna.lee@bairdwarner.com

Affordability Calculator

$1,277

Per Month

Monthly Principal & Interest: $1,133
Monthly Property Taxes: $144
Monthly Home Insurance: --

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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 ^$299,690

Percent of Sale Price 63%

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
5/11/2026	$184,000		Listed Price

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2135 E 87th Street, Chicago, IL, 60617 is a Lots and Land for sale at $184,000 with a lot size of 0.16. 2135 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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Data is updated as of 5/14/2026.

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2135 E 87th Street

Lots and Land for sale in Chicago, IL

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