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1955 E 87th St
Land
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$385,000

1955 E 87th St, Chicago

67% below median
0 bd·0 ba·0 sqft
16,117 sqft lotCalumet Heights

1955 E 87th St, Chicago, IL

0 bd · 0 ba · 0 sqft Land listed at $385,000 in the Calumet Heights neighborhood.

About this home

16,500sf lot located the southwest corner of 87th & Jeffery which has a 4-way traffic light at the intersection. The lot dimensions are (132' x 125'). The property is zoned B3-1 which will allow for a variety of uses. Great location for a single use tenant such as retail, office or fast food.

Property details

Price
$385,000
Bedrooms
0
Bathrooms
0
Lot size
16,117 sqft
Type
Land
Days on market
64
Est. property tax
$8,008/yr · $667/mo · 2.08% IL avg
Last sold
$175,000 · Mar 2003

Estimated monthly payment

Down payment20% ($77,000)
Interest rate6.75%
Principal & Interest$1,998
Property Tax$353
Insurance$150
Total$2,501/mo

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Price history

$505K$325K$145K$175K on Mar 03 (Sold)$475K on Mar 14 (Initial list)$475K on Sep 15 (Price change)$435K on Nov 21 (Initial list)$475K on Aug 23 (Price change)$435K on Dec 23 (Price change)$385K on Feb 26 (Initial list)
$175K · Mar 03$385K · Feb 26
  1. Feb 21, 2026$385,000Initial list price
  2. Dec 28, 2023$435,000Price change
  3. Aug 4, 2023$475,000Price change
  4. Nov 30, 2021$435,000Initial list price
  5. Sep 30, 2015$475,000Price change
  6. Mar 6, 2014$475,000Initial list price
  7. Mar 11, 2003$175,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Location

Map of 1955 E 87th St, Chicago
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Home Intelligence

Neighborhood (zip 60617)

Median age is 36.8; 13% hold a bachelor's degree; 57% of homes are owner-occupied; median household income is $51,203.

Median income
$51,203
Median age
36.8
Owner-occupied
57.3%
Bachelor's degree
12.7%
Census median home value
$160,800

Source: US Census Bureau American Community Survey 5-year estimates.

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