8705 S Saginaw Avenue
Chicago, IL, 60617
$560,000
13 Beds
5 Baths
0 SqFt
0 Acres
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$560,000
8705 S Saginaw Avenue
Chicago, IL, 60617
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Great opportunity for investors or owner-occupants looking to maximize rental income potential! This unique multi-unit property features a main building with two spacious duplex units plus a separate coach house, offering multiple streams of income. The first duplex combines the main level with the basement and offers 6 bedrooms and 2 bathrooms, providing ample space for large households or strong rental demand. The second duplex connects the upper level with the attic and features 5 bedrooms and 2 bathrooms, and was fully remodeled and includes updates such as newer furnace and AC recharger, new carpet, new countertops, paint, refinished hardwood floors, bathrooms, etc. making it move-in ready for tenants. In addition, the coach house in the rear includes 2 bedrooms and 1 bathroom that was fully renovated in 2025, creating an excellent opportunity for additional rental income or extended living. Coin laundry in basement was also recently remodeled. With its high bedroom count and three separate living spaces, this property presents outstanding cash flow potential for investors looking to maximize returns or for homeowners who want the tenants in the other units to help with the mortgage. The rental income potential in this building is truly exceptional and you don’t want to miss this opportunity!

Property Details

Price:
$560,000
MLS #:
MRD12586423
Status:
Active
Beds:
13
Baths:
5
Type:
Multi Family
Neighborhood:
chisouthchicago
Listed Date:
Mar 7, 2026
Year Built:
1919
Chi – South ChicagoChisouthchicago

Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air

Exterior

Construction Materials
Brick
Exterior Features
Balcony
Other Structures
Guest House
Patio And Porch Features
Porch

Financial

Tax Year
2024
Taxes
$4,210
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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 Apr 22, 2026
1,382
Multi Family Listed
79
Avg DOM
$510,913
Avg List Price

Community

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Property Summary

    8705 S Saginaw Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60617. It is listed for $560,000 To schedule a showing of MLS#mrd12586423 at 8705 S Saginaw Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
8705 S Saginaw Avenue
Chicago, IL