8551 S Manistee Avenue Chicago, IL ^$ 198,000

8551 S Manistee Avenue

^$ 198,000

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8551 S Manistee Avenue

Chicago, IL, 60617

^$ 198,000

Bedrooms4 Baths2.0

Monthly Estimate*

^$ 1,235

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Multi-Family Home for sale in Chicago, IL

for $198,000 with 4 bedrooms and 2 full baths. The lot size is 0.07.

Two Unit Building in Chicago! Features 2 Bedrooms and 1 Bathroom in each Unit. Move in Ready with one unit on the 1st floor available for a new tenant or owner occupant. Tenant pays Heat and Electric. Building has Central Air and washer/dryer hookup in each unit. Roof and Plumbing both only 7 years old. Motivated Seller AS-IS. Schedule your showing today!

Multi-Family Contingent

Price

^$ 198,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,004

Style

Lot Size

0.07

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12498005

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Closing

Garage Spaces 1

Construction Materials Frame

Township South Chicago

Tax Year 2023

Ownership Fee Simple

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Contingency Attorney/Inspection

Total Rooms 6

Status Contingent

Directions Head east on 72nd towards Crandon Ave turn right onto S Yates Blvd. Turn left onto east 83rd St. Turn right onto Manistee Ave.

City Chicago

High School District 299

MLS Area CHI - South Chicago

Tax Annual Amount 2004.42

Standard Status Active Under Contract

Middle/Junior School District 299

Elementary School District 299

Interior

Basement None

Total Bedrooms 4

Total Baths 2

Bedrooms Possible 4

Full Baths Building 2

Half Baths Building 0

Total Number of Units 2

Exterior

Parking Features Yes Detached Garage

Water Source Public

Total Parking 1

Lot Dimensions 39X61

Lot Size Acres 0.07

Waterfront Y/N N

* Excluded Features

List By

Nexthome Dream Big Realty

Broker

shauna.troy@icloud.com

Affordability Calculator

$1,402

Per Month

Monthly Principal & Interest: $1,235
Monthly Property Taxes: $167
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$589,045

Percent of Sale Price 197%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/5/2025	$198,000	-5.71%	Price Down
10/17/2025	$210,000		Listed Price

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8551 S Manistee Avenue, Chicago, IL, 60617 is a Multi-Family Home for sale at $198,000 with a lot size of 0.07. 8551 S Manistee Avenue has 4 bedrooms and 2.0 baths. The property's zip code is 60617 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 1/3/2026.

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8551 S Manistee Avenue

Multi-Family Home for sale in Chicago, IL

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