7955 Manistee Avenue, South Chicago, Chicago, Illinois 60617
$450,000
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For Sale
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| Status: | Contingent |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 9 |
| Baths: | 0 |
| Year Built: | 2007 |
| Property Taxes: | $6,651 |
| Days On Market: | 26 |
| Lot Size: | 0,07 |
Description
Whether you're looking to grow your investment portfolio or live in one unit while generating rental income from the others, this well-maintained three-unit building is an opportunity you won't want to miss. Each spacious unit features 3 bedrooms, 1 bathroom, a large outdoor space, and functional layouts designed for comfortable living. Unit 2 is vacant and move-in ready, making it ideal for an owner-occupant or for leasing at current market rents. Unit 1 is leased through January 2027, and Unit 3 is leased through August 2027, providing immediate rental income with established tenants already in place. Built in 2007, this newer-construction multi-family property offers many of the benefits buyers appreciate, including more modern systems and finishes than many of Chicago's older multi-unit buildings. The property has been well maintained, allowing the next owner to focus less on major updates and more on enjoying the investment. The location adds even more to the opportunity. Enjoy convenient access to shopping, restaurants, parks, schools, public transportation, major roadways, and Chicago's lakefront, while being positioned near some of the South Side's most significant current and future investments. Nearby developments include the Obama Presidential Center in Jackson Park and Quantum Shore, the massive lakefront redevelopment of the former U.S. Steel South Works site that will include the Illinois Quantum and Microelectronics Park and major technology investment. Combined with established neighborhood amenities and continued investment throughout the surrounding area, there's plenty happening in this part of Chicago. Whether you're house hacking, expanding your rental portfolio, or looking for a turnkey investment with income already in place, 7955 S. Manistee Ave. offers a compelling combination of space, income potential, newer construction, and location. All that's missing is YOU!
Property Specifics
| Multi-unit | |
| — | |
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| 2007 | |
| — | |
| 3 FLAT | |
| No | |
| 0.07 |
| Cook | |
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| — / — | |
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| — | |
| 12726116 | |
| 21311070450000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 19 Aug, 2026 | Under contract | $450,000 | MRED MLS |
| 6 Aug, 2026 | Listed for sale | $450,000 | MRED MLS |
Room Specifics
Total Bedrooms: 9
Bedrooms Above Ground: 9
Bedrooms Below Ground: 0
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Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
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| 25X124 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2026 | $6,651 |
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Listing Provided By
Keller Williams Preferred Realty
