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3056 E 87th St, Chicago, IL, 60617

10beds
3baths
--sqft
$460,000
--price/sqft
$3,515/moest. monthly cost
$140,600/yrincome needed

About This Home

Don't miss this exceptional income-producing property featuring two apartments plus a coach house offering multiple streams of rental income. First floor offers 3 bedrooms and one bathroom. Second unit is a duplex and offers five bedrooms and one bathroom. The coach house has 2 bedrooms and one bathroom. The unfinished basement offers additional potential living space. Whether you are first time homebuyer looking to living in one unit and renting the others, or a savvy investor seeking cash flow.

Getting Around

77
WalkingVery Walkable
60
TransitGood Transit
61
BikeBikeable

Schools

3/10
1/10
Bowen High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1908

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished,Full

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 3
  • Full bathrooms: 3

Heating

  • Heating features: Natural Gas,Forced Air

Property

Details

  • Parcel number: 21314270450000
  • Zoning: MULTI
  • Special condition: None

Lot

  • Lot size: 3,750 sqft
  • Lot size dimensions: 30X125

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,326$27,912
Home Insurance *$396$4,752
Property Taxes $663$7,956
Electricity $130$1,569
Total$3,515$42,180
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$120,514/yr
40% on housing$105,450/yr
45% on housing$93,733/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 60617$124
Cook County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 60617$160
Cook County$219

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-02Listed for sale$460,000
2023-05-30Sold$350,000
2023-04-26Pending sale$379,000
2023-03-28Contingent$379,000
2023-02-24Listed for sale$379,000
2022-01-17Listing removed--
2021-11-21Listed for sale$359,900
2018-05-23Sold$55,000

For Sale by Agent

AgentLorena Ramirez-Carrillo
BrokerageYUB Realty Inc

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