864 E 87th Place
Chicago, IL, 60619
$222,000
7 Beds
5 Baths
0 SqFt
0 Acres
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$222,000
864 E 87th Place
Chicago, IL, 60619
MLS #MRD12595709 image #0MLS #MRD12595709 image #1MLS #MRD12595709 image #2MLS #MRD12595709 image #3MLS #MRD12595709 image #4MLS #MRD12595709 image #5
** 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** –

Property Details

Price:
$222,000
MLS #:
MRD12595709
Status:
Active
Beds:
7
Baths:
5
Type:
Multi Family
Subdivision:
Dauphin Park
Neighborhood:
chichatham
Listed Date:
Mar 18, 2026
Year Built:
1892
Chi – ChathamChichathamDauphin Park

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Frame
Parking Features
Yes
Parking Spots
3
Parking Total
3

Financial

Tax Year
2023
Taxes
$2,321
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Apr 08, 2026
1,341
Multi Family Listed
82
Avg DOM
$506,896
Avg List Price

Community

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Property Summary

    Located in the Dauphin Park subdivision, 864 E 87th Place Chicago IL is a Multi Family for sale in Chicago, IL, 60619. It is listed for $222,000 To schedule a showing of MLS#mrd12595709 at 864 E 87th Place in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
864 E 87th Place
Chicago, IL