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456 E 87th Place
Chicago IL 60619 US

$599,999

Active Listing ID 12693528
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8 bed
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4.00 Bath (4 Full)
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Other

$599,999

Active Listing ID 12693528
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456 E 87th Place Fully renovated in 2022, this turnkey all-brick 4-unit in Chatham is a rare owner-occupant house-hacking opportunity. The building offers four spacious 2-bedroom, 1-bathroom units, each rehabbed in 2022 with updated kitchens, baths, mechanicals, and finishes, leaving no deferred maintenance. Three units are currently leased and producing approximately $4, 500 per month in income, with one vacant unit ready for an owner-occupant to move in and house-hack from day one, projected at $1, 500 per month. Each unit is separately metered, with tenants responsible for their own utilities, keeping owner expenses low and cash flow strong. As a 4-unit primary residence, owner-occupant buyers may qualify with as little as 5% down, and lenders can count a portion of the existing and market rents toward qualifying income, increasing buying power. Additional features include a full unfinished basement offering storage and expansion potential, natural gas heat, and a 2-car garage. Conveniently located near the 87th Street Red Line and Metra Electric, offering quick access to transit, shopping, and the Dan Ryan. Move into the vacant unit, let the other three cover your mortgage, and start building wealth on Chicago's South Side.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Heating Fuels: Natural Gas
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 599999
  • unparsedaddress: 456 E 87th Place
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60619
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.735886
  • longitude: -87.612253
  • listagentfullname: Skyler Lemons
  • listagentemail: info@skylerlemons.com
  • listagentkey: 3yd-MREDIL-882975
  • listagentmlsid: 882975
  • listagentpreferredphone: (312) 493-0920
  • listagentofficephone: 3127990913
  • listofficekey: 3yd-MREDIL-18235
  • listofficemlsid: 18235
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1928
  • listingcontractdate: 2026-07-06
  • listagenturl: http://www.chicagolandshortsale.com
  • countyorparish: Cook
  • parcelnumber: 25032000440000
  • elementaryschooldistrict: 299
  • middleorjuniorschooldistrict: 299
  • highschooldistrict: 299
  • constructionmaterials: Brick
  • heating: Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 2
  • parkingfeatures: Garage
  • waterfrontyn: False
  • franchiseaffiliation: EXIT Realty
  • windowfeatures: Screens
  • rooms: Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 7, Bathroom 4, Basement, Bedroom 5, Bathroom 3, Bedroom 6, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 8
  • basement: Walk-Out Access, Full, Unfinished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.61225, 41.735886
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Exit Strategy Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"info@skylerlemons.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"nick@nicklibert.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Exit Strategy Realty", "ListBrokeragePhone":"(312) 493-0920", "ListBrokeragePostalCode":"60657", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1300 W Belmont", "ListBrokerageWebsiteUrl":"http://www.chicagolandshortsale.com", "ListOfficeAddress1":"2935 N. Clark St. ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"18235", "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":"nick@nicklibert.com", "ListOfficePostalCode":"60657", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Chicago, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/456-E-87th-St_Chicago_IL_60619_M71850-00128?f=listhub&s=MREDIL&m=12693528&c=rexren", "MLSModificationTimestamp":"2026-07-14 05:06:31", "Neighborhoods":[{"Description":null, "Name":"CHI - Chatham"}], "PostalCode":null, "RoomCount":16, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":8338, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/14/2026 5:16:57 AM GMT
Source Updated Date: 7/16/2026 12:44:24 PM GMT

Courtesy of: Skyler Lemons, EXIT Strategy Realty, info@skylerlemons.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.