87th Street Apartments

For Sale

2205 East 87th Street, Chicago, IL 60617

This Chicago property for sale is located at 2205 East 87th Street. The current listed sale price for 87th Street Apartments is $615,000. 87th Street Apartments is situated on a lot that is 7,125 acre in size.

Contacts

broker

James Clough

Real Realty

Property Details

  • Property Type Multi-Family
  • Property Size 6,400 SF
  • Units 10
  • Lot Size 7,125 Acre
  • Additional Rent Contact for pricing
  • Year Built 1968
  • Date Updated Aug 13, 2024
The subject property is located on the southside of 87th Street and S. Paxton Avenue. The property sits across the street from the Chicago Vocational Highschool and has easy access to downtown Chicago via the the Chicago Skyway.Real Realty is pleased to offer this 10-unit apartment building for sale located off of 87th Street in the Avalon Park neighborhood. The property consists of 5 - one-bedrooms and 5 - two-bedroom units. Newer improvements consist of a newer roof, parking lot for 5 cars, and various in unit renovations. The average rent at the property is $762. The market average for similar properties is over $900. This leaves a significant amount of rental upside for a new owner without spending large dollars on capital improvements.

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Highlights

  • Newer Roof
  • Newly Paved and Stripped Parking
  • Corner Location
  • Easy Access to Downtown via the Chicago Skyway

Getting around

  • 50/100

    Walk Score ®

  • 59/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chicago, IL
  • Neighborhood Calumet Heights
  • Zip Code 60617
  • Market Chicago

Points of Interest

  • 87th Street

    1.16 miles

  • 83rd Street

    1.16 miles

  • South Shore

    1.97 miles

  • Stony Island

    2.20 miles

  • 95th/Dan Ryan

    2.97 miles

  • King Drive

    3.79 miles

  • Gresham

    3.82 miles

  • 55th-56th-57th Street

    3.96 miles

  • Brainerd

    4.57 miles

  • Garfield

    4.71 miles

  • BP

    0.28 miles

  • Amstar

    0.58 miles

  • BP

    0.80 miles

  • Clark

    0.99 miles

  • Citgo

    1.03 miles

  • All Star

    1.05 miles

  • Marathon

    1.10 miles

  • Shell

    1.26 miles

  • Citgo

    1.31 miles

  • Fuel Star

    1.40 miles

  • 93rd (South Chicago)

    1.47 miles

  • City of Chicago Auto Pound

    2.37 miles

  • Dorchester Parking Lot

    3.49 miles

  • Campus South Parking

    3.74 miles

  • Lexington Parking Lot

    3.84 miles

  • Parkiing / Mat Mgmt

    3.98 miles

  • Medical Campus Parking Garage A

    4.04 miles

  • Medical Campus Parking Garage B

    4.22 miles

  • Campus North Parking Garage

    4.27 miles

  • Garfield Park & Ride

    4.76 miles

  • Skyway Motel

    0.97 miles

  • South Shore Motel

    1.04 miles

  • Admiral Motel

    1.86 miles

  • Empire Motel

    2.21 miles

  • Royal Motel

    3.49 miles

  • Best Motel

    3.52 miles

  • The Study at the University of Chicago

    3.60 miles

  • Beverly Motel & Suites

    4.36 miles

  • Sophy Hotel

    4.45 miles

  • Hyatt Place Chicago-South/University Medical Center

    4.47 miles

  • Pete's Produce

    0.82 miles

  • Cecy's Molino De Masa

    0.99 miles

  • Save-A-Lot

    1.02 miles

  • ALDI

    1.04 miles

  • La Fruteria

    1.04 miles

  • Macias Produce

    1.07 miles

  • El Guero

    1.10 miles

  • La Jerezana

    1.15 miles

  • 1st Choice Market

    1.16 miles

  • ALDI

    1.20 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

James Clough

Real Realty