NOT LISTED FOR SALE
24 Beds
18 Baths
-- Sq Ft
1965 Built

Sale Details

Date Sold: June 2, 2026

Last sale price $1,800,000

69 Days on Market

Highlights

  • Courtyard
  • Central Heating
  • 5-minute walk to Jesse Owens Park

About This Home

As of June 2026

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.

Last Agent to Sell the Property

Luke Wojcik

Triton Realty Group LLC License #475139979 Listed on: 03/19/2026

Co-Listed By

Alexander Summers

Triton Realty Group LLC License #475120465

Last Buyer's Agent

Jessie McDaniels

Paul Luxury Homes LLC License #475161312

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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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,270

Year Built

Built in 1965

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Courtyard
  • Stories: 3
  • Year Built: 1965
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 0

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Outdoor Parking: 13-18 Spaces

Utilities

  • Heat/Ventilation: Central Bldg Heat

Condo/Co-op/Association

  • Manager Expense: 20110

Fee Information

  • Trash Expense: 2437
  • Water Sewer Expenses: 8004

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 135x100
  • Zoning: MULTI

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 142599
  • Fuel Expense: 12612
  • Insurance Expense: 12613
  • ElectricExpense: 1693
  • GrossIncome: 265771
  • Maintenance Expense: 6885
  • NumberOfUnitsTotal: 18
  • OperatingExpense: 110092
  • Type Multi-Family: Courtyard

Tax Info

  • Tax Annual Amount: 33270
  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2020
Sold by
Chicago Title Land Trust Company
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,175,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 3, 2017
Sold by
Chicago Title Land Trust Co
Bought by
Chicago Title Land Trust Co and Trust No 8002376045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
3.83%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 30, 2002
Sold by
South Holland Trust & Svgs Bank
Bought by
Lasalle National Bank Assn and Trust #128241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 13, 2000
Sold by
Suburban Bank & Trust Company
Bought by
Leb Inc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title
Chicago Title Land Trust Co $732,500 Chicago Title
Lasalle National Bank Assn $105,000 --
Leb Inc -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $2,175,000
Previous Owner Chicago Title Land Trust Co $640,000
Previous Owner Lasalle National Bank Assn $324,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/02/2026 06/02/26 Sold $1,800,000 -4.0% --
05/27/2026 05/27/26 Pending -- -- --
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)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $33,271 $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
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12592580

Midwest Real Estate Data (MRED)
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