8153 S South Shore Drive, Chicago, IL 60617
Local realty services provided by:Better Homes and Gardens Real Estate Connections
8153 S South Shore Drive,Chicago, IL 60617
$599,000
- 8 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: britney davis
Office: consumer realty group, inc.
MLS#:12753612
Source:MLSNI
Price summary
- Price:$599,000
About this home
Beautifully maintained and recently updated 4-unit investment property located in the rapidly developing South Shore neighborhood! This solid brick building features four spacious 2-bedroom, 1-bathroom units, offering an excellent opportunity for both investors and owner-occupants seeking strong rental potential and long-term appreciation. Each unit offers hardwood floors, forced heating and central A/C, along with individual laundry hookups for added tenant convenience. Additional laundry hookups are also available in the basement. The property includes dedicated storage space in the basement for each unit, providing extra functionality and value for residents. Two units is currently rented and generating $1,550/month in rental income, giving the next owner immediate cash flow with additional upside potential. Investors will also appreciate the possibility to duplex-up the two second-floor units, creating larger units and increasing future value and rental income potential. Property is equipped with privately owned security cameras that can transfer with the sale. Situated near the exciting future developments taking place throughout South Shore, including the highly anticipated Quantum Shore project, this property is positioned in an area experiencing major investment and revitalization. Excellent opportunity to own a cash-flowing multi-unit property in one of Chicago's emerging lakefront communities!...
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Home facts
- Year built:1918
- Listing ID #:12753612
- Updated:November 08, 2026 at 09:00 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:28
- Basement Description:Full, Partially Finished
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1918
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$599,000
- Tax amount:$3,587 (2023)
Parking
- Total parking spaces:2
- Parking description:Off Alley
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