8939 S Blackstone Avenue
Chicago, IL, 60619
$499,900
8 Beds
4 Baths
0 SqFt
0 Acres
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$499,900
8939 S Blackstone Avenue
Chicago, IL, 60619
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Great investment opportunity! Well-maintained 4-unit building featuring four spacious 2-bedroom, 1-bath apartments. All units have spacious living areas and kitchens with some updates. All the units offer mostly hardwood flooring throughout and remodeled bathrooms. All four units are currently occupied with month-to-month tenants. Recent improvements include a new roof, soffit and fascia (January 2025), new exterior doors, and updated electrical throughout. The property features four separate electric meters plus a common meter, four gas meters, and four separate heating systems, with tenants responsible for their own gas and electric. Three of the four water heaters are newer. Additional amenities include five/six parking spaces; the basement has a great ceiling and great storage space; and a coin-operated washer and dryer. A solid opportunity for investors seeking a well-maintained multifamily property with separate utilities and established rental income but with the possibility with higher income.

Property Details

Price:
$499,900
MLS #:
MRD12775061
Status:
Active
Beds:
8
Baths:
4
Type:
Multi Family
Neighborhood:
chicalumetheights
Listed Date:
Oct 13, 2026
Year Built:
1952
Chi – Calumet HeightsChicalumetheights

Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air, Sep Heating Systems – 2+, Indv Controls

Exterior

Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Lot Features
Landscaped
Parking Features
Unassigned, Yes, Owned
Parking Spots
5
Parking Total
5
Roof
Asphalt

Financial

Tax Year
2025
Taxes
$5,122
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Debra Dobbs is one of Chicago’s top realtors with more than 42 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Oct 18, 2026
1,355
Multi Family Listed
78
Avg DOM
$535,651
Avg List Price

Community

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Property Summary

    8939 S Blackstone Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60619. It is listed for $499,900 To schedule a showing of MLS#mrd12775061 at 8939 S Blackstone Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
8939 S Blackstone Avenue
Chicago, IL