Corcoran Urban Real Estate
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5 Properties Within 0.5 miles of: 5407 W 87th, Oak Lawn

5407 W 87th
Oak Lawn, IL 60453

  • 6 Beds
  • Built In 1988
Price

$520,000

Est Payment
$3,606 / month (details)  
Taxes
$11,622  
Beds
6  
Rooms
10  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
67 X 120  
Built
1988  
Neighborhood
Oak Lawn  
MLS
#12655042
Status
Active (7 days)

Property 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 Map

Property Details

Utilities

  • Heating Natural Gas, Forced Air
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer, Storm Sewer

Additional Information

Parking
10.5 Parking Spaces (2.5 Garage Spaces), Garage Door Opener, Garage, Yes, Garage Owned, Detached, Assigned, Off Street, Side Apron, Driveway, Owned
Schools
District 229, District 123

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

05-28-2026 Listed at $520,000
Last Modified 6/3/26 12:05 AM

Nearby Transportation

  • Bus 87 0.8 mi
  • Southwest Service 1.1 mi
  • I 294 South 2.7 mi
  • I 294 North 2.7 mi
  • Hwy 171 South 4.8 mi
grid
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