Chicago, IL 60617 8559 S Escanaba Avenue

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Presented By: Coldwell Banker Realty
  • MLS# 12303839
  • 03/05/2025
  • Request Tour
  • Request Info
  • Beds • 10
  • Baths • 4

Home Details

ABSOLUTE STEAL! 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
Presented By: Coldwell Banker Realty

Interior Features for 8559 S Escanaba Avenue

Bedrooms

Bedrooms Possible10
Total Bedrooms10

Bathrooms

Full Baths Building4
Half Baths Building
Total Baths4

Other Interior Features

BasementUnfinished, Full
Total Number of Units4

General for 8559 S Escanaba Avenue

CityChicago
Construction MaterialsBrick
CountyCook
DirectionsFrom N: Take King Drive South to S. Chicago Ave., slight left on 87th, turn Left onto Escanaba Ave. arrive at address.
Elementary School District299
HeatingNatural Gas
High School District299
MLS AreaCHI - South Chicago
Middle/Junior School District299
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount2955
Tax Year2023
Total Rooms17
TownshipHyde Park
Virtual TourClick here
Waterfront Y/NNo
Year Built1913

Exterior for 8559 S Escanaba Avenue

Lot Dimensions25X125
Parking FeaturesOn Site, Owned
Total Parking2
Water SourceLake Michigan

Additional Details

Price History

Client Care

Price $325,000
MLS#12303839
List Date 03/05/2025
Property Type Multi-Family
Phone 847.485.2500
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