8559 S Escanaba Avenue
Chicago, IL, 60617
$289,000
10 Beds
4 Baths
0 SqFt
0 Acres
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$289,000
8559 S Escanaba Avenue
Chicago, IL, 60617
MLS #MRD12303839 image #0MLS #MRD12303839 image #1MLS #MRD12303839 image #2MLS #MRD12303839 image #3MLS #MRD12303839 image #4MLS #MRD12303839 image #5MLS #MRD12303839 image #6MLS #MRD12303839 image #7MLS #MRD12303839 image #8MLS #MRD12303839 image #9MLS #MRD12303839 image #10MLS #MRD12303839 image #11MLS #MRD12303839 image #12MLS #MRD12303839 image #13MLS #MRD12303839 image #14MLS #MRD12303839 image #15
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.

Property Details

Price:
$289,000
MLS #:
MRD12303839
Status:
Active Under Contract
Beds:
10
Baths:
4
Type:
Multi Family
Neighborhood:
CHI – South Chicago
Listed Date:
Mar 5, 2025
Year Built:
1913
Chi – South ChicagoChi – South Chicago

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
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Sep 02, 2025
1,475
Multi Family Listed
82
Avg DOM
$497,771
Avg List Price

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Property Summary

    8559 S Escanaba Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60617. It is listed for $289,000 To schedule a showing of MLS#mrd12303839 at 8559 S Escanaba Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
8559 S Escanaba Avenue
Chicago, IL