3058 E  87th St, Chicago, IL 60617
FOR SALE0.69 ACRES

3058 E 87th St
Chicago, IL 60617

South Chicago
  • 8 Beds
  • 3 Baths
  • 8 Beds
  • 3 Baths

$285,000

Est. Mortgage $2,042/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

Welcome to this exceptional 2-unit property in the heart of the upcoming South Chicago neighborhood, offering a rare opportunity for both homeowners and savvy investors. With its prime location near the Metra station and South Shore Drive, this duplex promises not only a comfortable residence but also an exciting investment potential. 1st Floor Unit Highlights: Spacious 3 bedrooms and 1 full bath, providing ample space for comfortable living. Sunlit living room that bathes the space in natural sunlight, creating a warm and inviting atmosphere. Bar-style kitchen counter, perfect for casual dining and entertaining guests. Modern and functional layout designed for both practicality and aesthetic appeal. Prime features that make this unit ideal for a family seeking a vibrant and evolving community. Duplex Down into Basement: The lower level of the 1st-floor unit extends into a basement, offering additional space and potential. Possibility to convert the basement into a 3rd unit, making this property an excellent investment opportunity. Customize the basement space to suit your needs, whether it be an extra living area or office. Outdoor Amenities: 2-car garage, providing secure parking and storage space for residents. Expansive backyard, perfect for outdoor activities, gardening, and enjoying the fresh air. The neighborhood is on the rise, with a surge in development making it a sought-after area for real estate investment. Note: Properties in this area are in high demand and don't stay on the market for long, making this a rare find. Don't miss the chance to be a part of the transformation in South Chicago. LISTING SOLD AS-IS

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
85 days ago

Home Details for 3058 E 87th St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: FullNumber of Rooms: 12
Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 3Number of Bathrooms (full): 3Number of Bathrooms (half): 1
Heating & Cooling
Heating: Natural GasHas HeatingHeating Fuel: Natural Gas

Exterior Features

Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: Garage
Frontage
Not on Waterfront

Days on Market

Days on Market: 85

Property Information

Year Built
Year Built: 1907
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: FrameNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 21314270460000

Price & Status

Price
List Price: $285,000
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: Chicago
School Information
Elementary School District: 299Jr High / Middle School District: 299High School District: 299

Agent Information

Listing Agent
Listing ID: 11973197

Lot Information

Lot Area: 0.69 acres

Listing Info

Special Conditions: None

Compensation

Buyer Agency Commission: 2.5% - 299Buyer Agency Commission Type: See Remarks:
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 11973197

Additional Information

Mlg Can ViewMlg Can Use: IDX
Last check for updates: about 8 hours ago
Listing courtesy of: Jasmine Bouyer, (708) 515-8618
Real People Realty Inc
Source: MRED as distributed by MLS GRID, MLS#11973197

Price History for 3058 E 87th St

DatePriceEventSource
02/03/2024$285,000Listed For SaleMRED as distributed by MLS GRID #11973197
11/02/2023ListingRemovedMRED as distributed by MLS GRID #11878019
09/06/2023$285,000Listed For SaleMRED as distributed by MLS GRID #11878019
09/01/2023ListingRemovedMRED as distributed by MLS GRID #11791977
05/25/2023$285,000Listed For SaleMRED as distributed by MLS GRID #11791977
05/25/2023ListingRemovedMRED as distributed by MLS GRID #11725540
02/24/2023$285,000Listed For SaleMRED as distributed by MLS GRID #11725540
12/13/2021ListingRemovedMRED as distributed by MLS GRID #11268576
11/11/2021$270,000Listed For SaleMRED as distributed by MLS GRID #11268576
10/11/2016$50,000ListingRemovedAgent Provided
07/31/2016$50,000PendingAgent Provided
07/18/2016$50,000Listed For SaleAgent Provided
05/19/2016$89,900ListingRemovedAgent Provided
04/30/2016$89,900PriceChange
Agent Provided
01/13/2016$99,900Listed For SaleAgent Provided
01/23/2011$19,900ListingRemovedAgent Provided
10/24/2010$19,900PriceChange
Agent Provided
09/27/2010$24,900Listed For SaleAgent Provided

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Comparable Sales for 3058 E 87th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.00
Multi-Family Home
$350,000
05/30/23
7
3
-
0.23
Multi-Family Home
$260,000
08/14/23
8
3
-
0.16
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$127,500
05/09/23
8
4
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0.27
Multi-Family Home
$355,000
08/04/23
11
3
-
0.13
Multi-Family Home
$245,000
12/29/23
7
4
-
0.39
Multi-Family Home
$160,000
04/04/24
8
4
-
0.30
Multi-Family Home
$270,000
09/07/23
7
4
-
0.34
Multi-Family Home
$39,000
04/04/24
8
4
-
0.21
Multi-Family Home
$235,000
06/02/23
6
2
-
0.36
Multi-Family Home
$60,000
03/15/24
6
3
-

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South Chicago

  • Landlord4141
    "Nice neighbor friendly people and not to far from shopping walking distance actually near cta also schools close to "
    0
    Flag
  • Trulia User
    "The Historical landscape and landmarks. Shopping is convenient and transportation is available. Schools and parks are clean and safe."
    0
    Flag
  • Trulia User
    "The neighborhood feels like a ghost town,everything looks abandoned or is abandoned. No shopping areas, it’s a good desert and the way these management companies are jacking these rent prices are ridiculous "
    1
    Flag
  • Trulia User
    "Great neighborhood love to live here great community involvement would recommend others to live here"
    0
    Flag
  • Trulia User
    "It has buses to get you where you need to go. The buses takes you right to the train, it takes you to downtown Chicago."
    1
    Flag
  • Trulia User
    "Not a place to start a family, and if there is an opportunity to move out, I'll take it. For now just keep at daily here until then."
    8
    Flag
  • Trulia User
    "Winter time is brutal. salt trucks forget about us. 84th and Burnham. I drive all the way west to Roosevelt and California. Nice summers. brutal winters. great neighbors."
    0
    Flag
  • Trulia User
    "My neighborhood has great restaurants and stores and I know my way around when going places. The violence is not as bad but some areas are good to live in."
    0
    Flag
  • Trulia User
    "Has great access to public transportation. There are grocery stores in walking distance. If you have school aged children, there are grammer and high schools as well in the area."
    1
    Flag
  • Trulia User
    "You will see other dog owners walking their dogs and they always speak when you do see them! It becomes the norm to see these neighbors certain times everyday. "
    0
    Flag
  • Trulia User
    "We have lived in this community for 15 months now and love our neighbors. We are a close knit bunch that watch out for one another."
    4
    Flag
  • Trulia User
    "We moved here to be close to our mom’s assisted living facility. We love this community for the openness of the neighbors, the active block clubs and the amazing wildlife diversity. There is crime here, just like throughout the whole city but we generally feel safe. "
    4
    Flag
  • Trulia User
    "I live in this neighborhood for 2 years never had any problems I go jogging in my area love living here."
    2
    Flag
  • Trulia User
    "There’s plenty of public transportation to the loop. The metra train and the express bus will go directly downtown. Also minutes away from Lakeshore Drive and the Skyway "
    0
    Flag
  • Trulia User
    "we use to have a block club but not anymore. I 've lived in the neighborhood for 30+ years and like everything else neighborhood activities slowly fade out."
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    Flag
  • Monique S.
    "My neighborhood has a decent commute. The buses run every 30 mins it seems. It’s whatever. It’s better to have a car but don’t leave your doors unlocked because they will steal your stuff. "
    13
    Flag
  • Briana A.
    "The community does an outreach program to give meals to the community and the homeless. I love this sooooo much ! Let’s keep being intentional and loving on our people !"
    4
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  • Megan S.
    "Just stay to yourself. Mind your business and don't be too friendly. Depending on the area you can hear constant shooting especially in the summer. "
    46
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  • Glenda B. J.
    "The senior citizen events as well as the summer youth events. They’re always doing some event for the youth in the summer "
    1
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  • Audgreyrez
    "I’ve lived here my whole life but primarily the South Shore area and I love living over here. It’s just a very long commute to downtown"
    17
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  • Anelytapia2
    "Too many busy streets. Not enough light at night. Need more street lights and police cars around the area. "
    1
    Flag
  • Joni J.
    "Most of my neighbors are friendly and very concerned about our community,they are very aware whom are visiting "
    2
    Flag
  • ewy
    "They would not like there are no dog parks. They would not like that dogs are more than likely not trained and are more than likely used as guard dogs. They also would not like I have never seen a vet in the area. "
    1
    Flag
  • Ewy
    "Dogs are not trained here and there are no dog parks. Lots of loose dogs and killer dogs here. Must carry a stick for protection. "
    1
    Flag
  • Glenda B. J.
    "There are very few events. Most of them are from the neighborhood churches having their own neighborhood gospel fest"
    1
    Flag
  • Rashaunda S.
    "It is a lot of senseless violence going on and kids or adults shouldn’t be out alone or late at night because bullets have no aim or name."
    3
    Flag
  • Mildred M.
    "no we don't but we have block party every year in August and the kid enjoy there selfs they get a chance to play in the street for day out the year good food and games"
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    Flag
  • Korina F.
    "I’ve moved here over a year ago and I love it. I love how everything can be easily accessible to me. "
    0
    Flag
  • Tiara H.
    "There are great parks and beaches in this area i like the school my kidz attendant. great for dog walking in parks."
    1
    Flag
  • Michelle L.
    "The neighborhood is clean and tidy for the most part, so it’s usually a nice walk.....................::"
    2
    Flag
  • Joni J.
    "Dog owners appear to be happy with living in the area because most of the neighbors in the area has concerns and respect for one another"
    0
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  • Hassant73
    "I've had no issues over here, I do know stuff goes down but what community in Chicago doesn't have issues"
    57
    Flag

LGBTQ Local Legal Protections

Jasmine Bouyer, Real People Realty Inc
Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
3058 E 87th St, Chicago, IL 60617 is a 8 bedroom, 3 bathroom multi-family built in 1907. 3058 E 87th St is located in South Chicago, Chicago. This property is currently available for sale and was listed by MRED as distributed by MLS GRID on Feb 3, 2024. The MLS # for this home is MLS# 11973197.