5407 W 87th Street, Oak Lawn, IL 60453
Local realty services provided by:CENTURY 21 All Pro Real Estate
5407 W 87th Street,Oak Lawn, IL 60453
$520,000
- 6 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sat, Jun 0612:00 pm - 02:00 pm
Listed by: laura michicich
Office: berkshire hathaway homeservices chicago
MLS#:12655042
Source:MLSNI
Price summary
- Price:$520,000
About this home
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!
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Home facts
- Year built:1988
- Listing ID #:12655042
- Updated:May 29, 2026 at 11:01 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:2
- Half bathrooms:2
- Rooms Total:10
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1988
- Foundation Description:Concrete Perimeter
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$520,000
- Tax amount:$11,622 (2023)
Parking
- Total parking spaces:10
- Parking description:Assigned, Detached Garage, Driveway, Garage, Off Street, Side Apron
- Garage:Yes
- Garage spaces:2.5
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