$325,000
8559 S Escanaba Avenue
Chicago, IL, 60617
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
Property Details
Price:
$325,000
MLS #:
MRD12303839
Status:
Active
Beds:
10
Baths:
4
Address:
8559 S Escanaba Avenue
Type:
Multi Family
Neighborhood:
CHI – South Chicago
City:
Chicago
Listed Date:
Mar 5, 2025
State:
IL
ZIP:
60617
Year Built:
1913
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Brick
Parking Features
On Site, Owned
Parking Spots
2
Financial
Tax Year
2023
Taxes
$2,955
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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8559 S Escanaba Avenue
Chicago, IL
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