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$150,000 Contingent
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Property Description
Opportunity awaits in this solid brick 3-bedroom home located in the Chatham community. Perfect for investors or owner-occupants looking to add their personal touch with a rehab loan, this property offers incredible potential with three levels of living space, including a room currently being used as a dining room that could be used a fourth bedroom, finished basement and a bathroom on every level. Summer comfort with central air conditioning, plus an additional window unit on the second floor for enhanced cooling. The spacious deck and backyard provide the ideal setting for outdoor gatherings, while the detached 2-car garage adds convenience and storage. Commuters will appreciate the many transportation options, including the nearby Metra Electric 87th Street Station within walking distance, providing easy access to downtown Chicago. A CTA bus stop is just steps away on 87th Street, and the CTA Red Line is approximately one mile from the property. Conveniently located just 4 miles from Lake Shore Drive and 2 miles from I-94, this home offers quick access throughout the city. Enjoy proximity to the vibrant 87th Street and Cottage Grove commercial corridor, featuring grocery stores, banks, restaurants, fast-food options, retail shopping, and everyday conveniences. Bring your vision and discover the possibilities this Chatham gem has to offer!
Full Property Details
Full Property Details for 727 E 87th Pl
General
- Price: $150,000
- Taxes: $1,548 (2024)
- Status: Contingent
- Type: Single Family
- Source: MRED
- MLS ID: 12682165
Rental Information
- Complex Features: Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Partially
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 1
- Half Bathrooms: 2
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Chatham
- County: Cook
- Township: Hyde Park
- Driving Directions: East on 87th street to South Cottage Grove Ave. Cottage Grove Ave to East 87th Place.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window Unit(s)
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Model: CAPE COD
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Partially Finished, Full
- Square Feet: 752
- Sq. Ft. Source: Assessor
- Year Built: 1953
- Built Before 1978: Yes
Manufactured Home
- Model: CAPE COD
Lot Features
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 30 x 125
- Fence: Yes
- Fencing (Description): Fenced
Financial Considerations
- Assessment Year: 1953
- Tax Amount: $1,548.19
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 25032070450000
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Schools
Schools serving 727 E 87th Pl
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 | 0.4 mi |
Dixon Elementary School, Chicago, IL 8306 South Saint Lawrence Avenue, Chicago, IL 60619 | 7-8 | 0.6 mi |
Harlan Community Academy High School 9652 South Michigan Avenue, Chicago, IL 60628 | 9-12 | 1.5 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 727 E 87th Pl
Date
Details
Price
Change
Source
6/18/2026
Listed
$150,000
76.47%
MLS
6/08/2010
Sold
$85,000
—
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 727 E 87th Pl
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,832
—
$11,000
-8%
2023
$1,832
4%
$11,999
—
2022
$1,764
1%
$11,999
—
2021
$1,743
-1%
$11,999
9%
2020
$1,758
—
$10,995
-10%
2019
$1,766
2%
$12,217
—
2018
$1,735
8%
$12,217
13%
2017
$1,607
-4%
$10,838
—
2016
$1,671
11%
$10,838
—
2015
$1,505
3%
$10,838
3%
2014
$1,467
3%
$10,476
—
2013
$1,427
—
$10,476
—
2012
$1,432
—
$10,476
—
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 727 E 87th Pl
727 E 87th Place, Chicago, IL 60619 (MLS# 12682165) is a Single Family property with 3 bedrooms, 1 full bathroom and 2 partial bathrooms. 727 E 87th Place is currently listed for $150,000 and was received on June 18, 2026. Want to learn more about 727 E 87th Place? 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.

