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    3011 W 87Th St Evergreen Park, IL 60805

    Sponsored
    For Sale
    $1,570,000

    MULTI_FAMILY - Evergreen Park, IL

    Days on Market:
    32
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 3011 W 87Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    Rooms
    Bathroom 7, Bathroom 13, Bedroom 6, Bathroom 9, Bedroom 1, Bedroom 12, Bathroom 5, Bedroom 9, Bedroom 14, Bathroom 6, Bedroom 3, Bedroom 10, Bedroom 15, Bathroom 15, Bedroom 2, Bathroom 4, Bathroom 10, Bedroom 4, Bedroom 5, Bedroom 7, Bathroom 12, Bathroom 1, Bathroom 2, Bedroom 8, Bathroom 8, Bedroom 13, Bathroom 3, Bathroom 14, Bedroom 11, Bathroom 11, Bathroom 16
    Bedrooms
    15
    APN
    24011170780000

    Utilities

    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1962
    Floors in Building
    2
    Number of units
    16

    Chase Real Estate, LLC (630) 527-0095 [email protected]

    Listing agent Neil Gates (630) 528-0497

    Listing date Dec 5, 2025

    MLS# 12458298 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Evergreen Park Multifamily Investment

    This 16-unit multifamily building in Evergreen Park, Illinois, features 15 one-bedroom units and one studio unit. The property offers an opportunity to increase rental income. Eight of the units have been updated. The building is designed in a California style and includes on-site laundry facilities. Parking is available with 10 spaces in the back, supplemented by street parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Evergreen Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.697826
    Latitude
    41.734978

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    FAQs

    What type of property is this?
    Apartment building - 16-unit building with rental upside in Evergreen Park, IL.
    Where is this apartment building located?
    The property is located at 3011 W 87Th St Evergreen Park, IL.
    What is the asking price?
    The asking price for this property is $1,570,000.
    What are key features of this property?
    This property features: - Opportunity to raise rents.; - 16 Units: Featuring 15 (1) bed units and (1) studio unit.; - 8 Units have been updated.
    (630) 527-0095
    Request Owner's contact information
    3011 W 87Th St Evergreen Park, IL 60805
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3011 W 87Th St Evergreen Park, IL 60805
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