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 06
    12:00 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
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Lisa McKinney