8559 S Escanaba Avenue, Chicago, IL 60617

Chicago
Local realty services provided by:ERA Naper Realty
8559 S Escanaba Avenue,Chicago, IL 60617
$229,000
  • 10 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sat, Mar 21
    11:00 am - 02:00 pm
Listed by: dan nelson, micah white
Office: compass
MLS#:12592323
Source:MLSNI

Price summary

  • Price:$229,000

About this home

This legal-brick four-unit building in South Shore offers a clear path for growth and long-term value. The property includes two large three-bedroom units and two two-bedroom units, providing a versatile layout for future tenants, with additional upside in finishing the attic and basement into units. Market rents in the area run $1,700-$1,900/month for 3-beds and $1,250-$1,600/month for 2-beds. CHA voucher rates are $1,630 for 3-beds and $1,270 for 2-beds. South Shore has real momentum. The Obama Presidential Center, 3 miles away, opens in June 2026 and is already pulling attention and investment into the corridor. The proposed Bears stadium and entertainment district is 6.5 miles out, another longer-term tailwind for the South Side. Fantastic bones, great unit mix, and a neighborhood that's moving. This is a home run for the right buyer.

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Home facts

  • Year built:1913
  • Listing ID #:12592323
  • Added:1 day(s) ago
  • Updated:March 17, 2026 at 04:39 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:17
  • Basement:Yes
  • Basement Description:Full, Unfinished

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1913

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$229,000
  • Tax amount:$2,954 (2023)

Parking

  • Total parking spaces:2
  • Parking description:Off Street
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