Tammy Jackson
KM Realty Group, LLC
(888) 613-3243
73 Total Sales
2 in Oak Lawn
$324K - $750K Price Range
5407 W 87th St Oak Lawn, IL 60453
Oak Lawn Area
6
Beds
4
Baths
--
Sq Ft
1988
Built
Highlights
- Deck
- Patio
- Forced Air Heating System
- 2.5 Car Detached Garage
About This Home
As of July 2026Solid brick 2-flat with strong income potential and major updates already completed! Both spacious units offer approximately 1,500 square feet of living space with 3 bedrooms, 1.1 baths, individual furnaces, central air, and private in-unit laundry hook-up. Newer windows and roof provide added value and peace of mind. The first-floor unit includes garage access and rents for $1,800 per month plus utilities. The second-floor unit rents for $1,450 per month plus utilities and has a long-term tenant history. Ample off-street parking adds convenience for tenants and guests alike. Well-maintained, solidly built investment property offering excellent cash flow potential in a desirable location. A rare opportunity for investors or owner-occupants seeking rental income and long-term value!
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Chicago License #475158582 Listed on: 05/28/2026
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,622
Year Built
- Built in 1988
Parking
- 2.5 Car Detached Garage
- Parking Available
- Garage Door Opener
- Driveway
- On-Street Parking
- Off-Street Parking
- Assigned Parking
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 4 Bathrooms
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Crawl Space
- Lot Dimensions are 67 x 120
Community Details
Overview
- 2 Units
- 2 Flat
Building Details
- Gross Income $38,000
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Oak Lawn, IL
-
Tammy Jackson
-
Joyce Sears
Joyce Sears
Village Realty of Indiana, Inc
(708) 350-6080
82 Total Sales
1 in Oak Lawn
$105,000 Price
-
Natasha Jenkins
Natasha Jenkins
Luxesquire Realty
(855) 576-1797
16 Total Sales
1 in Oak Lawn
$180,000 Price
-
Kroll Brothers Real Estate Team
Kroll Brothers Real Estate Team
Responds QuicklyKRG Real Estate
(708) 719-9632
50 Total Sales
2 in Oak Lawn
$322K - $330K Price Range
-
Carlyn Jackson
Carlyn Jackson
Responds QuicklyReal People Realty
(708) 840-8905
37 Total Sales
1 in Oak Lawn
$302,000 Price
-
John Wanda
John Wanda
Responds QuicklyCentury 21 Circle
(708) 859-7043
94 Total Sales
19 in Oak Lawn
$139K - $615K Price Range
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $390,000 | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Deed | -- | Enterprise Title Svcs 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 | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $299,250 | No Value Available | |
| Previous Owner | $245,000 | Commercial |
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 | Prior Sale |
|---|---|---|---|---|---|
| 07/11/2026 07/11/26 | Sold | $520,000 | 0.0% | -- | |
| 06/15/2026 06/15/26 | Pending | -- | -- | -- | |
| 05/28/2026 05/28/26 | For Sale | $520,000 | +33.3% | -- | |
| 06/23/2023 06/23/23 | Sold | $390,000 | -7.1% | -- | View Prior Sale |
| 05/01/2023 05/01/23 | Pending | -- | -- | -- | |
| 02/15/2023 02/15/23 | Price Changed | $419,900 | -2.7% | -- | |
| 01/20/2023 01/20/23 | For Sale | $431,500 | +8.1% | -- | |
| 12/21/2021 12/21/21 | Sold | $399,000 | -0.2% | -- | View Prior Sale |
| 11/11/2021 11/11/21 | Pending | -- | -- | -- | |
| 07/12/2021 07/12/21 | For Sale | -- | -- | -- | |
| 06/29/2021 06/29/21 | For Sale | -- | -- | -- | |
| 06/27/2021 06/27/21 | Pending | -- | -- | -- | |
| 06/26/2021 06/26/21 | Pending | -- | -- | -- | |
| 06/19/2021 06/19/21 | For Sale | -- | -- | -- | |
| 06/15/2021 06/15/21 | Pending | -- | -- | -- | |
| 06/15/2021 06/15/21 | For Sale | -- | -- | -- | |
| 06/09/2021 06/09/21 | Pending | -- | -- | -- | |
| 05/07/2021 05/07/21 | For Sale | $399,900 | -- | -- |
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 | $12,069 | $38,000 | $5,452 | $32,548 |
| 2024 | $11,622 | $38,000 | $5,452 | $32,548 |
| 2023 | $11,555 | $38,000 | $5,452 | $32,548 |
| 2022 | $11,555 | $30,506 | $4,673 | $25,833 |
| 2021 | $10,067 | $30,505 | $4,672 | $25,833 |
| 2020 | $9,948 | $30,505 | $4,672 | $25,833 |
| 2019 | $9,637 | $30,001 | $4,283 | $25,718 |
| 2018 | $9,268 | $30,001 | $4,283 | $25,718 |
| 2017 | $9,305 | $30,001 | $4,283 | $25,718 |
| 2016 | $7,695 | $23,502 | $3,504 | $19,998 |
| 2015 | $7,565 | $23,502 | $3,504 | $19,998 |
| 2014 | $7,499 | $23,502 | $3,504 | $19,998 |
| 2013 | $6,876 | $24,000 | $3,504 | $20,496 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Michicich
Seller's Agent in 2026
Laura Michicich
Berkshire Hathaway HomeServices Chicago
(630) 750-2319
124 Total Sales
-
Tayser Mohammed
Buyer's Agent in 2026
Tayser Mohammed
RE/MAX
(312) 316-8239
25 Total Sales
-
Bruce La Ha
Seller's Agent in 2023
Bruce La Ha
RE/MAX 10
(708) 828-1090
132 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12655042
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
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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