Building Details

Building Size 1,100 SF

Year Built 2026

Stories 1

Construction ranch

Listing Agency: RE/MAX 10 Show Phone

Listed By: Linda Seyller · License #475137714 Show Phone

Source: Angelawalkerhomes

Added: Feb 20 Changed: Oct 27 Last Checked: Oct 27 at 4:03AM

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Investment Insights

Based on property information with market context.

Planned as a one-level ranch townhome, this residence has an open kitchen, dining, and living arrangement, two bedrooms, and two full bathrooms. Main-floor laundry is included. The 1,100-square-foot plan is proposed for construction in Hickory Hills in 2026, with multiple floor plan options available.

The unfinished basement has 8-foot ceilings and plumbing rough-ins for an additional bathroom and laundry. Specified features include 9-foot ceilings, granite countertops, a tankless water heater, and an appliance and light fixture package.

Key Highlights

• Proposed 2026 construction in Hickory Hills
• 1,100‑square‑foot ranch townhome with multiple floor plan options
• Two bedrooms and two full bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$12,761

Cap Rate

3.19%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$255,220 $255.2K

Cap Rate 7%

$182,300 $182.3K

Cap Rate 9%

$141,789 $141.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,100 SF

Gross rent

$24.9K $22.68/SF

− Vacancy

−$1.7K −$1.59/SF

EGI

$23.2K $21.09/SF

− OpEx

−$10.4K −$9.49/SF

NOI

$12.8K $11.60/SF

Area

Cook County, IL

Vacancy

7.00%

Lease Rate

$22.68 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$255,220

Cap Rate 7%

$182,300

Cap Rate 9%

$141,789

Alternative Uses

Best Use

Apartment 5plus

$182.3K

$159.5K – $212.7K (±1% cap)

NOI $12,761 @ 7.0% cap · market cap 3.19%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$379.8K

$332.3K – $443.1K (±1% cap)

NOI $26,585 @ 7.0% cap · market cap 6.65%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Lease Details

1

Residential units

Location Intelligence

Trade Area within ½ mile

453

Businesses Nearby

Explore this area Business Placement

Demographics for 60457, IL

14,420

Population

5,745

Households

2.5

Avg Household Size

39

Median Age

26%

College-Educated

89%

High-School Grad

3.1 sq mi

ZIP Area

4,652

Density / Sq Mi

$85,360

Median Household Income

$49,310

Median Earnings

$1,112

Median Rent

$278,000

Median Home Value

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Frequently Asked Questions

What type of property is this?

Residential income property - Proposed single-level construction offers two bedrooms, two full bathrooms, and an open kitchen, dining, and living area.

Where is this residential income property located?

The property is located at 8400 W 87th Street Unit G Hickory Hills, IL.

What is the asking price?

The asking price for this property is $399,900.

What are key features of this property?

This property features: Proposed 2026 construction in Hickory Hills; 1,100‑square‑foot ranch townhome with multiple floor plan options; Two bedrooms and two full bathrooms