5407 87th Street, Oak Lawn, Illinois 60453
$520,000
|
For Sale
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| Status: | Contingent |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 6 |
| Baths: | 0 |
| Year Built: | 1988 |
| Property Taxes: | $11,622 |
| Days On Market: | 22 |
| Lot Size: | 0,00 |
Description
Solid 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!
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1988 | |
| — | |
| 2 FLAT | |
| No | |
| — |
| Cook | |
| — | |
| — / — | |
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| — | |
| 12655042 | |
| 24041030490000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 21 Dec, 2021 | Sold | $399,000 | MRED MLS |
| 11 Nov, 2021 | Under contract | $399,900 | MRED MLS |
| 7 May, 2021 | Listed for sale | $399,900 | MRED MLS |
| 23 Jun, 2023 | Sold | $390,000 | MRED MLS |
| 1 May, 2023 | Under contract | $419,900 | MRED MLS |
| — | Last price change | $431,500 | MRED MLS |
| 20 Jan, 2023 | Listed for sale | $431,500 | MRED MLS |
| 15 Jun, 2026 | Under contract | $520,000 | MRED MLS |
| 28 May, 2026 | Listed for sale | $520,000 | MRED MLS |
Room Specifics
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
| 2.5 | |
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| — | |
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| 67 X 120 | |
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| Not in DB | |
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| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2021 | $9,637 |
| 2023 | $10,064 |
| 2026 | $11,622 |
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Listing Provided By
Berkshire Hathaway HomeServices Chicago
