8559 S Escanaba Avenue Chicago, IL 60617
Listing Courtesy of: Midwest Real Estate Data / Coldwell Banker Realty / Shuatequa Johnson

  8559 S Escanaba Avenue Chicago, IL 60617

Active (7 Days)
$365,000
10
BED
4
BATH

Description

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

MLS #:
12303839
Taxes
$2,955(2023)
Type
Multifamily
Year Built
1913
School District
299
County
Cook County

Listed By

Shuatequa Johnson, Coldwell Banker Realty
Source
Midwest Real Estate Data as distributed by MLS Grid
Last checked Mar 11 2025 at 7:10 PM CDT
Bathroom Details
Heating and Cooling
  • Natural Gas
Basement Information
  • Unfinished
  • Full
Exterior Features
  • Brick
Utility Information
  • Utilities: Water Source: Lake Michigan
  • Sewer: Public Sewer
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®
Disclaimer: Based on information submitted to the MLS GRID as of 4/20/22 08:21. All data is obtained from various sources and may not have been verified by broker or MLSGRID. Supplied Open House Information is subject to change without notice. All information should beindependently reviewed and verified for accuracy. Properties may or may not be listed by the office/agentpresenting the information. Properties displayed may be listed or sold by various participants in the MLS. All listing data on this page was received from MLS GRID.