8709 S Escanaba Avenue Chicago, IL ^$ 224,900

8709 S Escanaba Avenue

^$ 224,900

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Foreclosure

8709 S Escanaba Avenue

Chicago, IL, 60617

^$ 224,900

Bedrooms8 Baths4.0

Monthly Estimate*

^$ 1,403

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Multi-Family Home for sale in Chicago, IL

for $224,900 with 8 bedrooms and 4 full baths. This home was built in 1888.

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!

Multi-Family Pending

Price

^$ 224,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,904

Style

Year Built

1888

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12505456

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Closing

Construction Materials Aluminum Siding Frame

Year Built 1888

Township Hyde Park

Tax Year 2023

Ownership Fee Simple

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 18

Status Pending

Directions 87th east of Chicago Ave to Escanaba south to property on

City Chicago

High School District 299

MLS Area CHI - South Chicago

Tax Annual Amount 1904

Standard Status Pending

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Unfinished Full

Total Bedrooms 8

Total Baths 4

Bedrooms Possible 8

Full Baths Building 4

Half Baths Building 0

Total Number of Units 4

Exterior

Water Source Public

Total Parking 2

Lot Dimensions 25 x 140

Waterfront Y/N N

* Excluded Features

List By

Re/Max Premier

Broker

Ryan@Smithreo.com

Affordability Calculator

$1,562

Per Month

Monthly Principal & Interest: $1,403
Monthly Property Taxes: $159
Monthly Home Insurance: --

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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 ^$610,705

Percent of Sale Price 172%

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
10/28/2025	$224,900		Listed Price

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8709 S Escanaba Avenue, Chicago, IL, 60617 is a Multi-Family Home for sale at $224,900. 8709 S Escanaba Avenue has 8 bedrooms, 4.0 baths, and was built in 1888. 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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Data is updated as of 12/21/2025.

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8709 S Escanaba Avenue

Multi-Family Home for sale in Chicago, IL

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