5407 W 87th ST, Oak Lawn, IL 60453
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5407 W 87th ST, Oak Lawn, IL 60453
5407 W 87th ST, Oak Lawn, IL 60453
5407 W 87th ST, Oak Lawn, IL 60453
5407 W 87th ST, Oak Lawn, IL 60453
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Ella Gatermann

Ella Gatermann

+1(312) 257-9230
$ 520,000
Est. payment /mo
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Open 6/6 12PM-2PM

5407 W 87th ST Oak Lawn, IL 60453

6 Beds

4 Baths

Open House

Sat Jun 06, 12:00pm - 2:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12655042

Bedrooms 6

Year Built 1988

Annual Tax Amount $11,622

Tax Year 2023

Lot Dimensions 67 X 120

Property Sub-Type Two to Four Units

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!

Location

State IL

County Cook

Area Oak Lawn

Zoning MULTI

Body of Water 2 FLAT

Rooms

Basement Crawl Space

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Garage Spaces 2.5

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer, Storm Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 123 , 123, 229

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Laura Michicich of  Berkshire Hathaway HomeServices Chicago 

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Ella Gatermann

Ella Gatermann

Real Estate Advisor

+1(312) 257-9230

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5407 W 87th ST