2153 E 87th St Chicago, IL 60617
Calumet Heights NeighborhoodEstimated payment $13,031/month
About This Home
Triton Realty Group LLC is proud to present 2145 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 to 90 expressway, parks, retail and a short drive away from Lake Michigan.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $33,270
Year Built
- Built in 1965
Parking
- 13 to 18 Parking Spaces
Home Design
- Brick Exterior Construction
Additional Features
- 3-Story Property
- Courtyard
- Lot Dimensions are 135x100
- Central Heating
Community Details
Overview
- 18 Units
Building Details
- Electric Expense $1,693
- Fuel Expense $12,612
- Insurance Expense $12,613
- Maintenance Expense $6,885
- Manager Expense $20,110
- Trash Expense $2,437
- Water Sewer Expense $8,004
- Operating Expense $110,092
- Gross Income $261,600
- Net Operating Income $130,167
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $23,719 | $138,300 | $13,445 | $124,855 |
| 2024 | $23,719 | $138,300 | $13,445 | $124,855 |
| 2023 | $23,013 | $95,409 | $12,101 | $83,308 |
| 2022 | $23,013 | $95,409 | $12,101 | $83,308 |
| 2021 | $22,678 | $95,407 | $12,100 | $83,307 |
| 2020 | $23,136 | $89,049 | $12,100 | $76,949 |
| 2019 | $20,799 | $89,049 | $12,100 | $76,949 |
| 2018 | $14,506 | $73,250 | $12,100 | $61,150 |
| 2017 | $17,869 | $82,823 | $10,083 | $72,740 |
| 2016 | $16,628 | $82,823 | $10,083 | $72,740 |
| 2015 | $15,215 | $82,823 | $10,083 | $72,740 |
| 2014 | $12,934 | $69,538 | $10,083 | $59,455 |
| 2013 | $12,677 | $69,538 | $10,083 | $59,455 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/19/2026 03/19/26 | For Sale | $1,950,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12592580
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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