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$1,950,000
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Property Description
Proud to present 2153 E. 87th, an 18 unit courtyard building located in a desirable neighborhoods of Avalon Park/Calumet Heights. Unit mix consists of (6) 2bd 1ba's and (12) 1bd 1ba's. Building improvements include new tear off shingle roof with insulated roof cavity and new gutters and downspouts (2020), insulated hot water pipes (2020), two modulating high-end efficient radiant heat boilers (2021), common area carpet in front and refinished rear stairwells, new electrical fixtures in front and rear stairwells, security cameras (2020). Strong in place income with opportunity to raise to market rents. Additional income from parking and laundry. Location is close to 90 expressway, parks, retail and a short drive away from Lake Michigan.
Full Property Details
Full Property Details for 2153 E 87th St
General
- Price: $1,950,000
- HOA FEE: $6,885
- Taxes: $33,270 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12592580
- Updated: 3/25/2026
- Added to Site: 16 day(s) ago
Location
- Area: CHI - Calumet Heights
- County: Cook
- Township: Hyde Park
- Driving Directions: corner of Paxton and 87th
Heating & Cooling
- Heating Type: Central Building Heat
Utilities
- Trash: 2437
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 3
- Year Built: 1965
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 135 x 100
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $6,885
- Insurance Fee: $12,613
- Operating Expenses: $110,092
- Assessment Year: 1965
- Tax Amount: $33,270
- Tax Year: 2024
- Pays Electric: 1693
- Pays Trash: 2437
Disclosures and Reports
- Property ID: 25012030470000
Listed by Triton Realty Group LLC
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Schools
Schools serving 2153 E 87th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Hoyne Elementary School 8905 South Crandon Avenue, Chicago, IL 60617 | K-3 | 0.3 mi |
Warren Elementary School, Chicago, IL 9239 South Jeffery Boulevard, Chicago, IL 60617 | PK-3 | 0.7 mi |
Bowen High School 2710 East 89th Street, Chicago, IL 60617 | 9-11 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2153 E 87th St
Date
Details
Price
Change
Source
3/19/2026
Listed
$1,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2153 E 87th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$23,718
3%
$95,407
—
2022
$23,013
1%
$95,407
—
2021
$22,678
-2%
$95,407
7%
2020
$23,136
11%
$89,049
—
2019
$20,799
43%
$89,049
22%
2018
$14,506
-19%
$73,250
-12%
2017
$17,869
7%
$82,823
—
2016
$16,628
9%
$82,823
—
2015
$15,215
18%
$82,823
19%
2014
$12,934
2%
$69,538
—
2013
$12,677
1%
$69,538
—
2012
$12,506
—
$69,538
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2153 E 87th St
2153 E 87th Street, Chicago, IL 60617 (MLS# 12592580) is a Commercial property. 2153 E 87th Street is currently listed for $1,950,000 and was received on March 19, 2026. Want to learn more about 2153 E 87th Street? Do you have questions about finding other Commercial real estate for sale in Calumet Heights? You can browse all Calumet Heights real estate or contact a Coldwell Banker agent to request more information.

