18-Unit Courtyard Apartment
For Sale
$1,875,000
2153 E 87th Street, Chicago, IL 60617
Courtyard layout with six two-bedroom and twelve one-bedroom residences.
Property SizeContact for details
Days on Market167
Property Features for 2153 E 87th Street
General Information
Standard status
Active
Property subtype
General Commercial
Units
Unit Mix
6 x 2BR/1BA, 12 x 1BR/1BA
Multifamily Units
18
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$33,270
Amenities
security cameras
3
Building Details
Year Built
1965
Listing Agency:
Triton Realty Group LLC
(773) 610-9054
Listed By:
Lukasz Wojcik · License #475139979
(773) 610-9054
Source:
Xome
Added: Mar 17
Changed: Aug 29
Last Checked: Aug 29 at 8:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Triton Realty Group LLC
Investment Insights
Based on property information with market context.
This 18-unit apartment building was constructed in 1965 and features a courtyard configuration. The unit mix includes six two-bedroom, one-bath apartments and twelve one-bedroom, one-bath apartments. Residents also have access to on-site parking and laundry facilities, providing additional income-producing components.
Building improvements include a tear-off shingle roof with an insulated roof cavity, new gutters and downspouts in 2020, insulated hot water pipes installed in 2020, and two modulating radiant heat boilers added in 2021. Common-area updates include carpeting in the front stairwell, refinished rear stairwells, and new electrical fixtures in both stairwell areas. Security cameras were installed in 2020.
The property is located near the 90 expressway, parks, and retail, with Lake Michigan a short drive away.
Building improvements include a tear-off shingle roof with an insulated roof cavity, new gutters and downspouts in 2020, insulated hot water pipes installed in 2020, and two modulating radiant heat boilers added in 2021. Common-area updates include carpeting in the front stairwell, refinished rear stairwells, and new electrical fixtures in both stairwell areas. Security cameras were installed in 2020.
The property is located near the 90 expressway, parks, and retail, with Lake Michigan a short drive away.
Key Highlights
- 18‑unit courtyard apartment building built in 1965
- Unit mix includes 6 two‑bedroom, one‑bath units and 12 one‑bedroom, one‑bath units
- Tear‑off shingle roof, insulated roof cavity, gutters and downspouts updated in 2020
Property Analytics
Property Profile
Current Use
Lease Details
18
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
553
Businesses Nearby
Explore this area
Business Placement
Demographics for 60617, IL
77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Courtyard layout with six two-bedroom and twelve one-bedroom residences.
Where is this apartment building located?
The property is located at 2153 E 87th Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,875,000.
What are key features of this property?
This property features: 18‑unit courtyard apartment building built in 1965; Unit mix includes 6 two‑bedroom, one‑bath units and 12 one‑bedroom, one‑bath units; Tear‑off shingle roof, insulated roof cavity, gutters and downspouts updated in 2020
