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$460,000 Just Listed
Property Description
Don't miss this exceptional income-producing property featuring two apartments plus a coach house offering multiple streams of rental income. First floor offers 3 bedrooms and one bathroom. Second unit is a duplex and offers five bedrooms and one bathroom. The coach house has 2 bedrooms and one bathroom. The unfinished basement offers additional potential living space. Whether you are first time homebuyer looking to living in one unit and renting the others, or a savvy investor seeking cash flow.
Full Property Details
Full Property Details for 3056 E 87th St
General
- Price: $460,000
- Taxes: $7,327 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12664875
- Updated: 6/2/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 10
Location
- Area: CHI - South Chicago
- County: Cook
- Township: Hyde Park
- Driving Directions: 87TH ST EAST PAST BURNHAM TO 3056
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Year Built: 1908
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 30 x 125
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1908
- Tax Amount: $7,327.72
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 21314270450000
Listed by YUB Realty Inc
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Schools
Schools serving 3056 E 87th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Mireles Elementary Academy 9000 South Exchange Avenue, Chicago, IL 60617 | K-8 | 0.5 mi |
Bowen High School 2710 East 89th Street, Chicago, IL 60617 | 9-11 | 0.5 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 3056 E 87th St
Date
Details
Price
Change
Source
6/01/2026
Listed
$460,000
31.43%
MLS
5/10/2023
Sold
$350,000
—
Public Record
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 3056 E 87th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,798
—
$36,473
103%
2023
$3,798
3%
$18,000
—
2022
$3,702
2%
$18,000
—
2021
$3,620
32%
$18,000
47%
2020
$2,734
137%
$12,273
110%
2018
$1,155
-2%
$5,847
—
2019
$1,175
-52%
$5,847
25%
2017
$2,462
-45%
$4,664
-79%
2016
$4,476
9%
$22,349
—
2015
$4,095
6%
$22,349
7%
2014
$3,876
2%
$20,892
—
2013
$3,800
1%
$20,892
—
2012
$3,749
—
$20,892
—
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 3056 E 87th St
3056 E 87th Street, Chicago, IL 60617 (MLS# 12664875) is a Multi-Family property with 3 units containing 10 bedrooms and 0 full bathrooms. 3056 E 87th Street is currently listed for $460,000 and was received on June 01, 2026. Want to learn more about 3056 E 87th Street? Do you have questions about finding other Multi-Family real estate for sale in South Chicago? You can browse all South Chicago real estate or contact a Coldwell Banker agent to request more information.
