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Sold on 02/27/2019
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501 E 87th St, Chicago, IL 60619

  • $370,000

    Last sold 02/27/2019

  • 12

    bed

  • 6

    bath

Multi-family not for sale
49 homes bought nearby with Movoto recently

About 501 E 87th St

Property type Multi-family
Neighborhood
Year built 1964
HOA fee $0/month
Property description
This 12-bedroom, 6-bathroom multi-family property is located at 501 E 87th St, Chicago, IL, 60619, in the Burnside neighborhood in Cook County and was built in 1964.
Overview
Cooling/AC None
Levels/Style 3
MLS # 9972671
Type Multi Family 5+
Property Tax $ 4210
Year Built 1964
Interior
# Of Full Bthrms - Type 6 1
# Of Full Bthrms - Type 2 1
# Of Full Bthrms - Type 4 1
# Of Full Bthrms - Type 5 1
# Of Full Bthrms - Type 3 1
# Of Rooms - Type 5 4
# Of Rooms - Type 6 4
Exterior
Exterior Brick
# Of Parking Spaces 4
Amenities / Utilities
# Units in Building 6
Location
County Cook
Directions Take Dan Ryan To 87th Street Exit. Head East To Property
APN 25032010520000
Zoning MULTI
Multifamily Details
Unit 3: Total # of Rooms 4
Unit 1: Total # of Rooms 4
Unit 4: Total # of Rooms 4
Unit 2: Total # of Rooms 4
Unit 4: # of Bedrooms 2
Unit 3: # of Bedrooms 2
Unit 2: # of Bedrooms 2
Unit 1: # of Bedrooms 2
Unit 1: # Full Bath 1
Expense: Electricity 769
Gross Rental Income 71016
Net Operating Income 47772
Total Annual Expense 23244
Gross Rent Multiplier 5.2
Expense: Fuel 4046
Total Annual Expense Source Actual
Expense: Water 1088
Expense: Insurance 3021
Total Annual Income 71016
Lot/ Land Details
Possible Use Multi-Family
Current Use Multi-Family
  • Jan 2021
  • Jan 27, 2021 Delisted
    $369,900
  • Jun 13, 2018 Active
    —
  • Jun 4, 2018 Listed
    $369,900 (+13.8%)
  • Feb 2019
    Public Records
  • Feb 27, 2019 Sold
    $370,000
  • Aug 2008
    Public Records
  • Aug 14, 2008 Sold
    $325,000
  • 501 E 87th St
    $370K
  • Burnside
    $179K -4% y/y
  • 60619
    $209K 0% y/y
  • Chicago
    $370K +3% y/y
No chart available
Statistics calculated by Movoto

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4/10
Pirie Elementary Fine Arts & Academic C
public Grades PK, K-6
Chicago Public Schools
7/10
Dixon Elementary School
public Grades PK, K-8
Chicago Public Schools
1/10
Harlan Community Academy High School
public Grades 9-12
Chicago Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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