5407 W 87th Street — Oak Lawn, IL 60453
Active
Oak Lawn, IL 60453

5407 W 87th Street

$520,000
6 beds · 4 baths
Listed at $520,000 13 days on market $11,622/yr taxes
01About 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!

02Inside the home
03By the numbers
$520,000
List price
Square feet
6
Bedrooms
4
Bathrooms
1988
Year built
Lot size
2.5
Garage spaces
$11,622
Annual taxes
Two to Four Units
Style
13
Days on market
04Features
Heating
Natural GasForced Air
Parking
Garage Door OpenerGarageGarage OwnedDetachedAssignedOff StreetSide ApronDrivewayOwned
Construction
Brick
Sewer
Public SewerStorm Sewer
05Neighborhood
  • Delta Lounge 0.3 mi
  • Subway 0.3 mi
  • Taqueria Mi Nuevo San Juan 0.4 mi
  • Sweet & Cold Foods 0.6 mi
  • China Chef 0.6 mi
  • Crab King Cajun Boil & Bar 0.7 mi
  • 7-Eleven 850 ft
  • Oak Lawn Produce Neighborhood Market 0.2 mi
  • Fairplay Foods 0.7 mi
  • Citgo 0.8 mi
  • BP Shop 0.9 mi
  • Aldi 1.0 mi
  • Phillips Park 0.2 mi
  • Commisioners Park 0.4 mi
  • Heather's Playground 0.5 mi
  • Brandt Park 0.5 mi
  • Harr Park 0.6 mi
  • Lewandowski Park 0.6 mi
  • Dunkin' 0.9 mi
  • Starbucks 1.1 mi
  • Dunkin' 1.1 mi
  • Stella's Place 1.2 mi
  • Cork and Bean 1.2 mi
  • Dunkin' 1.2 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

May 28, 2026
Listed for saleThis listing
Berkshire Hathaway HomeServices Chicago
$520,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

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08See it for yourself

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09Similar homes
Listed by Berkshire Hathaway HomeServices Chicago · Laura Michicich · 630-750-2319
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12655042
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