2153 E 87th Street Chicago, IL ^$ 1,950,000

2153 E 87th Street

^$ 1,950,000

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2153 E 87th Street

Chicago, IL, 60617

^$ 1,950,000

Bedrooms3 Baths0.0

Monthly Estimate*

^$ 12,006

2153 E 87th Street, Chicago, IL 60617 - Image 1

2153 E 87th Street, Chicago, IL 60617 - Image 2

2153 E 87th Street, Chicago, IL 60617 - Image 3

2153 E 87th Street, Chicago, IL 60617 - Image 4

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2153 E 87th Street, Chicago, IL 60617 - Image 6

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2153 E 87th Street, Chicago, IL 60617 - Image 8

2153 E 87th Street, Chicago, IL 60617 - Image 9

Multi-Family Home for sale in Chicago, IL

for $1,950,000 with 3 bedrooms. This home was built in 1965.

Triton Realty Group LLC is proud to present 2153 E. 87th, an 18 unit courtyard building located in a desirable neighborhoods of Avalon Park/Calumet Heights. Unit mix consists of (6) 2bd 1ba's and (12) 1bd 1ba's. Building improvements include new tear off shingle roof with insulated roof cavity and new gutters and downspouts (2020), insulated hot water pipes (2020), two modulating high-end efficient radiant heat boilers (2021), common area carpet in front and refinished rear stairwells, new electrical fixtures in front and rear stairwells, security cameras (2020). Strong in place income with opportunity to raise to market rents. Additional income from parking and laundry. Location is close to 90 expressway, parks, retail and a short drive away from Lake Michigan.

Multi-Family Active

Price

^$ 1,950,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 33,270

Style

Year Built

1965

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12592580

Features

General

Zoning MULTI

Construction Materials Brick

Year Built 1965

Stories Count 3

Township Hyde Park

Tax Year 2024

Gross Income 265771

County Cook

Net Operating Income 142599

Operating Expense 110092

Insurance Expense 12613

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 6885

Status New

Directions corner of Paxton and 87th

City Chicago

Number Of Units Total 18

MLS Area CHI - Calumet Heights

Tax Annual Amount 33270

Electric Expense 1693

Fuel Expense 12612

Trash Expense 2437

Water Sewer Expense 8004

Additional Parcels Y/N N

Standard Status Active

Cap Rate 7.31

Exterior

Lot Dimensions 135x100

* Excluded Features

List By

Triton Realty Group Llc

Broker

luke@wojcikre.com

Affordability Calculator

$14,779

Per Month

Monthly Principal & Interest: $12,006
Monthly Property Taxes: $2,773
Monthly Home Insurance: --

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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

Multi-family listings in Chicago, IL

Average List Price ^$617,040

Percent of Sale Price 68%

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.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/19/2026	$1,950,000		Listed Price

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2153 E 87th Street, Chicago, IL, 60617 is a Multi-Family Home for sale at $1,950,000. 2153 E 87th Street has 3 bedrooms, 0.0 baths, and was built in 1965. 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 3/24/2026.

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2153 E 87th Street

Multi-Family Home for sale in Chicago, IL

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