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727 E 87th Place Chicago, IL 60619 Residential - Single Family Contingent

  • 727 E 87th Place, Chicago, IL 60619 Main Photo

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Description

Opportunity awaits in this solid brick 3-bedroom home located in the Chatham community. Perfect for investors or owner-occupants looking to add their personal touch with a rehab loan, this property offers incredible potential with three levels of living space, including a room currently being used as a dining room that could be used a fourth bedroom, finished basement and a bathroom on every level. Summer comfort with central air conditioning, plus an additional window unit on the second floor for enhanced cooling. The spacious deck and backyard provide the ideal setting for outdoor gatherings, while the detached 2-car garage adds convenience and storage. Commuters will appreciate the many transportation options, including the nearby Metra Electric 87th Street Station within walking distance, providing easy access to downtown Chicago. A CTA bus stop is just steps away on 87th Street, and the CTA Red Line is approximately one mile from the property. Conveniently located just 4 miles from Lake Shore Drive and 2 miles from I-94, this home offers quick access throughout the city. Enjoy proximity to the vibrant 87th Street and Cottage Grove commercial corridor, featuring grocery stores, banks, restaurants, fast-food options, retail shopping, and everyday conveniences. Bring your vision and discover the possibilities this Chatham gem has to offer!

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 752
Garage Size: 2
Built in 1953
School District: District 299
Brick Exterior

General Information

Bedrooms: 3
Bathrooms: 3
Sqft: 752
County: Cook
Listed By:
EXIT Strategy Realty 312-554-5478
MRED MLS

Room Information

Bedroom 2: 13X11
Bedroom 3: 13X11
Dining Room: 14X12
Family Room: 24X15
Kitchen: 10X11
Laundry: 8X9
Living Room: 21X13
Primary Bedroom: 10X11
$150,000
Est. $1,058/mo
3beds
3baths
752sqft
2cars
Contingent
BEDS3 BATHS1 full 2 partial SQUARE FEET752 MLS#12682165
STATUSContingent PROPERTY TYPEResidential - Single Family SCHOOLDistrict 299

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727 E 87th Place, Chicago, IL 60619.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $150,000$150,000$150,000
Down Payment $30,000$5,250$37,500
Monthly Mortgage Amount $749$919$942
Taxes $209$209$209
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$66$0
Monthly Estimated Total $1,058$1,294$1,251

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