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Two-Unit Duplex Property
For Sale
$190,000

864 E 87th Place, Chicago, IL 60619

Separate first-floor and upper-level residences include one vacant home and one tenant-occupied home.

Property SizeContact for details
Days on Market32

Property Features for 864 E 87th Place

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Residential Income

Units

Unit Mix 1 x 3BR/2BA, 1 x 4BR/2.5BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,321

Building Details

Year Built 1892
Buildings 1
Listing Agency: Coldwell Banker Realty
Listed By: Terina Fountain
Source: Cavanaghrealty
Added: Jul 10 Changed: Aug 7 Last Checked: Aug 9 at 1:40PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

The property is a duplex configured as two residential units within a building dating to 1892. The first-floor residence contains 3 bedrooms and 2 bathrooms and is tenant-occupied. A second residence extends across the upper levels and includes 4 bedrooms and 2.5 bathrooms; it is vacant and move-in ready. The layout provides distinct living areas within the same structure.

Located at 864 E 87th Place in Chicago, Illinois, the property includes a large lot with backyard space. Existing architectural character and abundant natural light are noted features of the building. Showings are available by appointment, with 48-hour notice required, and the property does not have a lockbox.

Key Highlights

  • Duplex building with 2 residential units
  • First‑floor unit includes 3 bedrooms and 2 bathrooms; tenant‑occupied
  • Upper‑level unit offers 4 bedrooms and 2.5 bathrooms; vacant and move‑in ready

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Repair Shop Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

825
Businesses Nearby

Demographics for 60619, IL

63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Separate first-floor and upper-level residences include one vacant home and one tenant-occupied home.
Where is this duplex located?
The property is located at 864 E 87th Place Chicago, IL.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Duplex building with 2 residential units; First‑floor unit includes 3 bedrooms and 2 bathrooms; tenant‑occupied; Upper‑level unit offers 4 bedrooms and 2.5 bathrooms; vacant and move‑in ready
More about this property
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