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$990,000

  • Sold
  • Closed
  • Commercial
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A solid all-brick well-maintained 11-unit building 1-bedroom units and off-street parking for 10 cars on-site, currently managed by a professional management company, this building offers steady rental income potential and room for increased in value, excellent tenant appeal in a growing rental market. Fully rented all units are currently on annual leases. This building is conveniently located right off of 87th St and California.

Full Property Details for 2741 W 87th St

General

  • Sold For: $990,000
  • Taxes: $19,102 (2023)
  • Status: Closed
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12453749
  • Added to Site: 172 day(s) ago

Location

  • Area: Evergreen Park
  • County: Cook
  • Driving Directions: S California Ave to West 87th St, property on the south side of 87th

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Central Building Heat, Hot Water

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: Finished, Storage Space
  • Roof: Composition
  • Stories/Levels: 3
  • Current Bldg. Use: Multi-Family
  • Year Built: 1961
  • Built Before 1978: Yes

Unit Information

  • Units w/Refrigerators: 11
  • Units w/Range/Oven: 11

Lot Features

  • Lot Dimensions: 99 x 96 x 99 x 96
  • Frontage: City Street, Alley Access
  • Potential Use: Multi-Family
  • Zoning: MULTI

Financial Considerations

  • Operating Expenses: $68,523
  • Assessment Year: 1961
  • Tax Amount: $19,102.89
  • Tax Year: 2023
  • Tenant Pays: Electricity, Other

Disclosures and Reports

  • Property ID: 24012000660000

Listed and Sold by HomeSmart Connect LLC

Listing agent

— 2741 W 87th St —

  • HomeSmart Connect LLC

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 2741 W 87th St

School Districts:Evergreen Park Elementary School District 124, Evergreen Park Community High School District 231
NameGradesDistance
Northeast Elementary School
9058 South California Avenue, Evergreen Park, IL 60805
PK-60.4 mi
Central Jr High School, Evergreen Park, IL
9400 South Sawyer Avenue, Evergreen Park, IL 60805
7-80.4 mi
Evergreen Park High School
9901 South Kedzie Avenue, Evergreen Park, IL 60805
9-121.6 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 2741 W 87th St

Date
Details
Price
Change
Source
11/12/2025
Sold
$990,000
—
MLS
8/31/2025
Listed
$990,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by HomeSmart Connect LLC

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2741 W 87th Street, Evergreen Park, IL 60805 (MLS# 12453749) is a Commercial property that was sold at $990,000 on November 12, 2025. Want to learn more about 2741 W 87th Street? Do you have questions about finding other Commercial real estate for sale in Evergreen Park? You can browse all Evergreen Park real estate or contact a Coldwell Banker agent to request more information.