8559 S Escanaba Avenue, Chicago, IL 60617
Local realty services provided by:Better Homes and Gardens Real Estate Connections
8559 S Escanaba Avenue,Chicago, IL 60617
$289,000
- 10 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by:shuatequa johnson
Office:coldwell banker realty
MLS#:12303839
Source:MLSNI
Price summary
- Price:$289,000
About this home
ABSOLUTE STEAL for the right investor! FHA 203k, Rehab loans, hard money or cash only! Great investment opportunity for First-Time Buyers & Savvy Investors! Here's your chance to own a 4-unit property that can provide you with a positive CASH FLOW! This property has potential to profit over 100k in equity after some TLC. Layout = (2) 2 Bedrooms + (2) 3 Bedrooms --- One with 12 Ft Ceilings. Unfinished basement with endless possibility for a Common Laundry Area or additional Storage. Off Street Parking w/ a 2 car parking pad in the rear. Total Rental Income of approx. 5,000+/month + 60,000+/Year. The property is located 5 minutes walking distance from the newly built South Chicago Dispensary, the Metra train, 10 minutes walking distance from Rainbow beach, located near schools, retail shopping and local markets. Just a few blocks away from major economic developments unfolding in the area. Perfect opportunity to invest in a thriving market. Research: THE PSI QUANTUM CAMPUS PROJECT SET TO BE LOCATED AT THE FORMER USX SITE CHICAGO'S SOUTH SIDE. THE INVERTCHICAGO.
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Home facts
- Year built:1913
- Listing Id #:12303839
- Added:161 day(s) ago
- Updated:August 13, 2025 at 07:39 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:4
- Full bathrooms:4
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1913
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$289,000
- Tax amount:$2,955 (2023)
Copyright 2025 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed.New listings near 8559 S Escanaba Avenue
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