Commercial
881 E 87th St, Chicago, IL 60620
For Sale
Contact for pricing
The deed sale requires court approval, with closing scheduled no sooner than 60 days.
Property SizeContact for details
Days on Market19
Property Features for 881 E 87th St
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Listing Agency:
Legacy Properties, A Sarah Leonard Company, LLC
(224) 999-9100
Listed By:
Nick Metrou · License #475208844
(630) 551-5251
Source:
Exprealty
Added: Oct 22
Changed: Nov 9
Last Checked: Nov 8 at 9:59AM
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 Legacy Properties, A Sarah Leonard Company, LLC
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Investment Insights
Based on property information with market context.
This land offering is structured as a deed sale through bankruptcy proceedings. Closing requires court approval and is expected to take at least 60 days. The bankruptcy court order is intended to address liens and back taxes.
The buyer must provide the full purchase funds within 10 days after an offer is accepted. No survey or title insurance is included.
The buyer must provide the full purchase funds within 10 days after an offer is accepted. No survey or title insurance is included.
Key Highlights
- Bankruptcy court approval is required; allow at least 60 days for closing
- Court order addresses liens and back taxes
- Full purchase funds are due within 10 days of offer acceptance
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Location Intelligence
Trade Area within ½ mile
825
Businesses Nearby
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Business Placement
Demographics for 60620, IL
66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
Median Home Value
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Market
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Frequently Asked Questions
What type of property is this?
Land - The deed sale requires court approval, with closing scheduled no sooner than 60 days.
Where is this land located?
The property is located at 881 E 87th St Chicago, IL.
What are key features of this property?
This property features: Bankruptcy court approval is required; allow at least 60 days for closing; Court order addresses liens and back taxes; Full purchase funds are due within 10 days of offer acceptance
