Check Availability

2900 East 87th Street

2900 East 87th Street, Chicago, IL 60617
Multifamily in South Chicago
1 Units For Sale
Unit for sale at 2900 E 87th Street, Chicago, IL 60617

$149,000 ↓ $20K

  • 8 Beds
2900 E 87th Street, Chicago, IL 60617 Listing by Joseph Miles

2900 East 87th Street in Chicago, IL was first built in 1890 and is 134 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 16 rooms in the home, of which, 8 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 2900 East 87th Street has 4,224 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,000 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a hot water heating system. 2900 East 87th Street was last assessed in 2023. The total value of the property was assessed at $11,000. Specifically, the land the property is located on was valued at $4,000. While improvements on the property were assessed at a total of $7,000. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,263. The initial tax year of delinquency was in 2021. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210416
04/16/2021
8 Bed
-
-
$219,000
bedrooms
8 Bed
bathrooms
-
-
-
-
Joseph Miles
RE/MAX Properties Northwest
20200328
03/28/2020
8 Bed
-
-
$130,000
bedrooms
8 Bed
bathrooms
-
-
-
-
-
20190429
04/29/2019
8 Bed
-
-
$269,000
bedrooms
8 Bed
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 16
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 4
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,000
  • Total Building Area: 4,224
  • Gross Building Area: 4,224
  • Building Area: 4,224
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 4,224
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COURT PARTITION
  • Land Acres: 0.092
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (COURT)(PARTITION) OF - EXCEPTING LAND BELONGING TO S OUTH CHICAGO RR CO SE SEC 31-38-15

Ownership

  • Current Owner : HSBC BANK USA NATIONAL ASSOCIATION
  • Previous Owner : EDOUARD BONEL C
  • Owner Before Previous Owner: INTERCOUNTY JUDICIAL SALES CORP

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 460301

Zoning

  • Zoning: B3-2

Geography

  • Assessors Map Reference: 027-102-03
  • District: 70
  • Parcel: 21-31-424-030-0000
  • Block: 31
  • Lot: 28
  • Meridian: SEC 31 TWN 38N RNG 15E
  • Municipality: HYDE PARK
  • Latitude: 41.7376
  • Longitude: -87.5537

    Address

  • Full Address: 2900 E 87th St
  • Address - House Number: 2900
  • Street Direction: E
  • Address - Street Name: 87th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C018
  • 4-Digit Zip Code: 3141
  • Zip Code: 60617

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,263
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 314,391
  • High Value: 394,724
  • Low Value: 234,057

    Market Valuation

  • Market Total Value: $110,000
  • Market Land Value: $40,000
  • Market Improvement Value: $70,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,000
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $7,000

    Sales

  • Current Sale Contract Date: Feb 05, 2014
  • Current Sale Recording Date: Feb 26, 2014
  • Current Sale Transaction ID: 1095179731
  • Current Sale Document Type: Sheriff's Deed
  • Current Sale Input Document Number: 1405712111
  • Previous Sale Recording Date: Nov 29, 1995
  • Previous Sale Contract Date: Nov 09, 1995
  • Previous Sale Document Type: Other

About Far South Chicago



Similar Buildings

Multifamily at 2900 East 87th Street,

8729 South Commercial Avenue

  • 1 Unit for Sale
  • 2 Stories
8729 South Commercial Avenue, Chicago, IL 60617
Multifamily at 2900 East 87th Street,

8539 South Exchange Avenue

  • 1 Unit for Sale
  • 2 Stories
8539 South Exchange Avenue, Chicago, IL 60617
Multifamily at 2900 East 87th Street,

8624 South Houston Avenue

  • 1 Unit for Sale
8624 South Houston Avenue, Chicago, IL 60617
Multifamily at 2900 East 87th Street,

8528 South Escanaba Avenue

  • 1 Unit for Sale
  • 1 Story
8528 South Escanaba Avenue, Chicago, IL 60617
Multifamily at 2900 East 87th Street,

8531 South Muskegon Avenue

  • 1 Unit for Sale
  • 2 Stories
8531 South Muskegon Avenue, Chicago, IL 60617
Multifamily at 2900 East 87th Street,

8645 South Manistee Avenue

  • 1 Unit for Sale
  • 1 Story
8645 South Manistee Avenue, Chicago, IL 60617
Multifamily at 2900 East 87th Street,

8516 South Escanaba Avenue

  • 1 Unit for Sale
  • 1 Story
8516 South Escanaba Avenue, Chicago, IL 60617
Multifamily at 2900 East 87th Street,

8553 South Manistee Avenue

  • 1 Unit for Sale
  • 2 Stories
8553 South Manistee Avenue, Chicago, IL 60617
Multifamily at 2900 East 87th Street,

8455 South Escanaba Avenue

  • 1 Unit for Sale
  • 2 Stories
8455 South Escanaba Avenue, Chicago, IL 60617

Nearby Rentals

Unit for rent at 2363 E 70th Street, Chicago, IL, 60649

$1,995 /mo

  • 3 Beds
  • 5 Baths
  • 1,736 ft²
2363 E 70th Street #1, Chicago, IL, 60649 Listing by Ashley Hall
Unit for rent at 2772 E 75th Street S, Chicago, IL, 60649

$1,275 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
2772 E 75th Street S #2HN, Chicago, IL, 60649 Listing by Lateefah Neal
Unit for rent at 7115 S Luella Avenue, Chicago, IL, 60649

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 2,400 ft²
7115 S Luella Avenue #2, Chicago, IL, 60649 Listing by Rickey Flournoy
Unit for rent at 6935 S Crandon Avenue, Chicago, IL, 60649

$1,375 /mo

  • 3 Beds
  • 2 Baths
  • 1,400 ft²
6935 S Crandon Avenue #3D, Chicago, IL, 60649 Listing by Aris Snell
Unit for rent at 7817 S South Shore Drive, Chicago, IL, 60649

$1,275 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
7817 S South Shore Drive #3S, Chicago, IL, 60649 Listing by Eve Benton
Unit for rent at 8445 S Phillips Avenue, Chicago, IL, 60617

$1,000 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
8445 S Phillips Avenue #GARDEN, Chicago, IL, 60617 Listing by George Vlasis
Unit for rent at 2903 E 99th Street, Chicago, IL, 60617

$875 /mo

  • 2 Beds
  • 1 Bath
2903 E 99th Street #1, Chicago, IL, 60617 Listing by Antje Gehrken

Frequently Asked Questions

What neighborhood is 2900 East 87th Street located in?
The 2900 East 87th Street is a multifamily located in the neighborhood of South Chicago in Far South Chicago, Chicago.
How many listings are currently for sale in 2900 East 87th Street?
There is one unit for sale right now.
What is the average sales price for listings in 2900 East 87th Street?
The average sales price for units in 2900 East 87th Street is $149,000 currently.

Quantcast