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$139,900 Contingent
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Property Description
Welcome to 508 E 87th St - Your Next move in Chatham, unlock the potential with this solid brick ranch that offers 3 spacious bedrooms, 2.5 baths, and a finished basement with additional living space. Featuring vaulted ceilings with skylights, hardwood flooring, and a unique soaking tub retreat. This home has character and potential. A newer A/C system(2020), detached 2-car garage, and ample backyard complete this property. Close to shopping and the Dan Ryan Expressway (94) for a quick downtown commute! Endless possibilities on 87th Street,with just a few personal touches, you can make this home shine. Ideal for first-time buyers or savvy investors looking for value in a rapidly appreciating neighborhood. Priced to sell....Bring your offers...priced to sell.
Full Property Details
Full Property Details for 508 E 87th St
General
- Price: $139,900
- Taxes: $3,164 (2023)
- Status: Contingent
- Type: Single Family
- Source: MRED
- MLS ID: 12458548
- Updated: 12/28/2025
- Added to Site: 141 day(s) ago
Rental Information
- Complex Features: Sidewalks, Street Lights
Interior
- Basement: Finished, F
- Appliances: Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Equipment: Ceiling Fan(s)
- Other Features: Commuter Bus, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 2.5
- Total Spaces: 2
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Chatham
- County: Cook
- Township: Hyde Park
- Driving Directions: Take S. Martin Luther King Dr. to E. 87th St., then east to property.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Pirie Elementary School Fine Art
- High School: Harlan Community Academy Senior
- Private School: Harlan Community Academy Senior
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Architectural Info: Bi-Level, Ranch
- Architectural Style: Bi-Level, Ranch
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Full
- Roof: Asphalt
- Square Feet: 1,200
- Sq. Ft. Source: Estimated
- Year Built: 1968
- Built Before 1978: Yes
- Remodeled/Updated: 2020
Lot Features
- Lot Size (Acres): 0.075
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 130
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1968
- Tax Amount: $3,164.61
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20344100500000
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Schools
Schools serving 508 E 87th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Pirie Elementary Fine Arts & Academic C 650 East 85th Street, Chicago, IL 60619 | K-6 | 0.3 mi |
Dixon Elementary School, Chicago, IL 8306 South Saint Lawrence Avenue, Chicago, IL 60619 | 7-8 | 0.5 mi |
Harlan Community Academy High School 9652 South Michigan Avenue, Chicago, IL 60628 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 508 E 87th St
Date
Details
Price
Change
Source
8/29/2025
Listed
$139,900
7.62%
MLS
2/23/2021
Sold
$130,000
—
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 508 E 87th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,165
3%
$14,999
—
2022
$3,085
2%
$14,999
—
2021
$3,016
5%
$14,999
16%
2020
$2,886
—
$12,954
-10%
2019
$2,892
2%
$14,394
—
2018
$2,843
79%
$14,394
—
2017
$1,591
-45%
$14,442
—
2016
$2,893
9%
$14,442
—
2015
$2,646
11%
$14,442
12%
2014
$2,385
2%
$12,856
—
2013
$2,338
1%
$12,856
—
2012
$2,307
—
$12,856
—
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 508 E 87th St
508 E 87th Street, Chicago, IL 60619 (MLS# 12458548) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 508 E 87th Street is currently listed for $139,900 and was received on August 29, 2025. Want to learn more about 508 E 87th Street? Do you have questions about finding other Single Family real estate for sale in Chatham? You can browse all Chatham real estate or contact a Coldwell Banker agent to request more information.

