2153 E 87th St Chicago, IL 60617
Calumet Heights NeighborhoodEstimated payment $12,714/month
About This Home
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.
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 $265,771
- Net Operating Income $142,599
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 |
|---|---|---|---|---|
| 04/17/2026 04/17/26 | Price Changed | $1,875,000 | -3.8% | -- |
| 03/19/2026 03/19/26 | For Sale | $1,950,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12592580
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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