8709 Escanaba Avenue, South Chicago, Chicago, Illinois 60617
$224,900
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For Sale
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| Status: | New |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | 1888 |
| Property Taxes: | $1,904 |
| Days On Market: | 1 |
| Lot Size: | 0,00 |
Description
Located on the East Side this jumbo 4 unit building offers tons of cash flow potential to a buyer seeking a passive investment and is not a building which should be overlooked! Can look at this building in two scenarios, live in one unit and rent the other three out while creating cash flow or rent all four units out, either way this is a win win situation! Each unit is very spacious with 2 bedrooms per unit, large living room area, spacious kitchen area and overall good size! There are minor updates needed to the units but the potential for value add is there! There is a parking pad on the rear of the lot, build a garage and add value to the building, the basement is unfinished, duplex the first floor units down to create more equity upside! Any way you look at this building this is a win win situation!
Property Specifics
| Multi-unit | |
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| 1888 | |
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| No | |
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| Cook | |
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| — / — | |
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| 12505456 | |
| 26062010040000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 22 Apr, 2008 | Sold | $58,000 | MRED MLS |
| 14 Mar, 2008 | Under contract | $59,900 | MRED MLS |
| 14 Mar, 2008 | Listed for sale | $59,900 | MRED MLS |
| 12 Jan, 2021 | Sold | $135,000 | MRED MLS |
| 13 Oct, 2020 | Under contract | $140,000 | MRED MLS |
| 30 Sep, 2020 | Listed for sale | $140,000 | MRED MLS |
| 28 Oct, 2025 | Listed for sale | $224,900 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
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Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
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| 25 x 140 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2008 | $2,973 |
| 2021 | $2,802 |
| 2025 | $1,904 |
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Listing Provided By
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