727 E 87th Place, Chicago, IL 60619
Cook County
Key Facts
Description
Opportunity awaits in this solid brick 3-bedroom home located in the Chatham community. Perfect for investors or owner-occupants looking to add their personal touch with a rehab loan, this property offers incredible potential with three levels of living space, including a room currently being used as a dining room that could be used a fourth bedroom, finished basement and a bathroom on every level. Summer comfort with central air conditioning, plus an additional window unit on the second floor for enhanced cooling. The spacious deck and backyard provide the ideal setting for outdoor gatherings, while the detached 2-car garage adds convenience and storage. Commuters will appreciate the many transportation options, including the nearby Metra Electric 87th Street Station within walking distance, providing easy access to downtown Chicago. A CTA bus stop is just steps away on 87th Street, and the CTA Red Line is approximately one mile from the property. Conveniently located just 4 miles from Lake Shore Drive and 2 miles from I-94, this home offers quick access throughout the city. Enjoy proximity to the vibrant 87th Street and Cottage Grove commercial corridor, featuring grocery stores, banks, restaurants, fast-food options, retail shopping, and everyday conveniences. Bring your vision and discover the possibilities this Chatham gem has to offer!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1953
Living Area
752 sq ft
Lot Dimensions
30X125
Garage Spaces
2
Parking Spaces
2
Ownership
Fee Simple
Days on Market
13
MLS® Listing#
12682165
Property Features
Cooling
Heating
Basement
Parking
Fencing
Construction
Community
Sewer
Rooms
- Bedroom 213X11Second
- Bedroom 313X11Second
- Bedroom 4
- Dining Room14X12Main
- Family Room24X15Lower
- Kitchen10X11Main
- Laundry8X9Basement
- Living Room21X13Main
- Master Bedroom10X11Main
Financial Details
Annual Taxes
$1,548
Tax year 2024
Parcel Number
25032070450000
Directions
East on 87th street to South Cottage Grove Ave. Cottage Grove Ave to East 87th Place.
Affordability Calculator
$30,000
Estimated monthly payment
$798/mo
Principal $120,000 · Est. interest $167,411 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chicago, IL
- $387,475
- Median Listing Price
- 32
- Median Days on Market
- 1,406
- Median Sq Ft
- $283
- Median Price / Sq Ft
- 4,255
- Active Listings
- This home’s price is 61% below the area median.
- Its price per sq ft is 30% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
Location
Points of Interest in Chicago, IL
Showing the Chicago area map.
Nearby Schools
John T Pirie Fine Arts and Academic Center
School · 0.4 mi away
Arthur Ashe Junior Elememtary School
Elementary · 0.4 mi away
Dixon Elementary School
Elementary · 0.6 mi away
James E. McDade Classical School
Elementary · 0.7 mi away
Harold Washington Elementary
Elementary · 0.7 mi away
Neil Elementary School
Elementary · 0.8 mi away
Chicago Public Schools
Elementary · 0.9 mi away
St Ailbe Catholic School
Elementary · 1.1 mi away
Perspectives Leadership Academy
Secondary · 1.1 mi away
Cics Avalon
Elementary · 1.1 mi away
Chicago Public Schools
Elementary · 1.1 mi away
Tots Express Learning Center
School · 1.2 mi away
Chicago Public Schools
Elementary · 1.2 mi away
New Concept School
School · 1.2 mi away
Betty Shabazz International Charter School
Elementary · 1.2 mi away
Chicago Public Schools
Elementary · 1.3 mi away
Hirsch Metropolitan High School
Secondary · 1.3 mi away
St Dorothy's School
School · 1.3 mi away
Chicago Public Schools
School · 1.3 mi away
Jump smart Early Learning Academy
School · 1.3 mi away
Commute Calculator
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Similar Home Values
Comparable nearby listings and their asking prices.
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|---|---|---|---|---|
| 13308 S Riverdale Avenue, Chicago, IL | $105,000 | 3 | 1 | 731 |
| 9815 S Clyde Avenue, Chicago, IL | $105,000 | 2 | 1 | 956 |
| 5647-49 S Ashland Avenue, Chicago, IL | $105,000 | 3 | 1 | 1,100 |
| 420 S Homan Avenue 3, Chicago, IL | $105,000 | 2 | 1 | 1,000 |
| 10238 S Wentworth Avenue, Chicago, IL | $105,000 | 3 | 1 | 924 |
| 8112 S Escanaba Avenue, Chicago, IL | $105,000 | 4 | 2 | 1,584 |
Moving Cost Estimate
EXIT Agents in Chicago
Listing Courtesy: EXIT Strategy Realty - lonarealtordiva@gmail.com
Last Updated: 2026-06-18