8705 Saginaw Avenue, South Chicago, Chicago, Illinois 60617
$560,000
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For Sale
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| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 13 |
| Baths: | 0 |
| Year Built: | 1919 |
| Property Taxes: | $4,210 |
| Days On Market: | 48 |
| Lot Size: | 0,00 |
Description
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 Specifics
| Multi-unit | |
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| 1919 | |
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| No | |
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| Cook | |
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| — / — | |
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| 12586423 | |
| 26061050020000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 5 Feb, 2007 | Sold | $285,000 | MRED MLS |
| 26 Dec, 2006 | Under contract | $299,900 | MRED MLS |
| 21 Nov, 2006 | Listed for sale | $299,900 | MRED MLS |
| 11 Dec, 2023 | Sold | $268,000 | MRED MLS |
| 6 Oct, 2023 | Under contract | $255,000 | MRED MLS |
| 30 Sep, 2023 | Listed for sale | $255,000 | MRED MLS |
| 7 Mar, 2026 | Listed for sale | $560,000 | MRED MLS |
Room Specifics
Total Bedrooms: 13
Bedrooms Above Ground: 13
Bedrooms Below Ground: 0
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Full Bathrooms: 5
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Other Specifics
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| 25X125 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2007 | $2,315 |
| 2023 | $2,436 |
| 2026 | $4,210 |
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Listing Provided By
YUB Realty Inc
