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5407 W 87th Street Oak Lawn, IL 60453 Multi Unit - Multiple New

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Sat, Jun 6th 12:00pm - 2:00pm

Description

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!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 6
Bathrooms: 4
County: Cook
Listed By:
Berkshire Hathaway HomeServices Chicago 630-325-7500
MRED MLS
$520,000
Est. $3,404/mo
6beds
4baths
3cars
New to the Market New
BEDS6 BATHS4 full MLS#12655042
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 229

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5407 W 87th Street , Oak Lawn, IL 60453.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $520,000$520,000$520,000
Down Payment $104,000$18,200$130,000
Monthly Mortgage Amount $2,528$3,144$3,213
Taxes $724$724$724
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$229$0
Monthly Estimated Total $3,404$4,249$4,089

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/02/2026. The listing information on this page last changed on 06/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 06/02/2026 6:40:24 AM EST) or MRED MLS (last updated Tue 06/02/2026 2:04:21 AM EST) or SCWMLS (last updated Mon 06/01/2026 11:54:50 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 06/01/2026 10:15:50 PM EST) or Cedar Rapids MLS (last updated Mon 06/01/2026 10:44:21 PM EST) or NEIRBR MLS (last updated Tue 06/02/2026 6:30:20 AM EST) or ICAAR MLS (last updated Mon 06/01/2026 11:37:37 PM EST) or ECIMLS (last updated Mon 06/01/2026 11:44:15 PM EST) or RMLSA (last updated Tue 06/02/2026 1:10:56 AM EST) or Muscatine MLS (last updated Tue 06/02/2026 2:00:08 AM EST) or No Coast MLS (last updated Tue 06/02/2026 12:44:20 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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