5407 W 87th Street, Oak Lawn, IL 60453

Oak Lawn
Local realty services provided by:ERA Naper Realty
5407 W 87th Street,Oak Lawn, IL 60453
$520,000
  • 6 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: laura michicich
Office: berkshire hathaway homeservices chicago
MLS#:12655042
Source:MLSNI

Price summary

  • Price:$520,000

About this home

Solid brick 2-flat with strong income potential and major updates already completed! Both spacious units offer approximately 1,500 square feet of living space with 3 bedrooms, 1.1 baths, individual furnaces, central air, and private in-unit laundry hook-up. Newer windows and roof provide added value and peace of mind. The first-floor unit includes garage access and rents for $1,800 per month plus utilities. The second-floor unit rents for $1,450 per month plus utilities and has a long-term tenant history. Ample off-street parking adds convenience for tenants and guests alike. Well-maintained, solidly built investment property offering excellent cash flow potential in a desirable location. A rare opportunity for investors or owner-occupants seeking rental income and long-term value!

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Home facts

  • Year built:1988
  • Listing ID #:12655042
  • Updated:June 18, 2026 at 06:29 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:2
  • Half bathrooms:2
  • Rooms Total:10

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1988
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$520,000
  • Tax amount:$11,622 (2023)

Parking

  • Total parking spaces:10
  • Parking description:Assigned, Detached Garage, Driveway, Garage, Off Street, Side Apron
  • Garage:Yes
  • Garage spaces:2.5
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