8047 S Justine Street Chicago, IL $ 300,000
8047 S Justine Street
$ 300,000
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8047 S Justine Street

Chicago, IL, 60620
$ 300,000
Bedrooms6 Baths3.0 Sq 2,672

Monthly Estimate*

$ 1,847

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Multi-Family Home for sale in Chicago, IL

for $300,000 with 6 bedrooms and 3 full baths. This 2,672 square foot home was built in 1920.

Income-producing legal 2-unit brick building with finished basement. Currently leased with combined rents of $2,950/month. Each level offers a 2-bedroom, 1-bath layout, providing three separate living spaces in total. Rehabbed in 2023, recent updates include: a 75-gallon capacity water heater (2026), newer laminate flooring, windows, and doors. This money-maker is ideal for investors seeking steady cash flow or an owner-occupant looking to house hack and potentially still keep some of their rental income. With a well-maintained brick exterior, functional layouts, and recent mechanical and cosmetic improvements, this one is a no-brainer.

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Multi-Family Active

Price

$ 300,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,616

Style

Year Built

1920

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12583088

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Flat
Zoning MULTI
Garage Spaces 2
Construction Materials Brick
Year Built 1920
Township Lake
Tax Year 2024
Ownership Fee Simple
Gross Income 2950
County Cook
Net Operating Income 31200
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 15
Status New
Directions Ashland to 83rd; East to Justine; North to 8047
High School Hirsch Metropolitan High School
City Chicago
High School District 299
MLS Area CHI - Auburn Gresham
Elementary School Woodlawn Elementary School Commu
Tax Annual Amount 3616.33
Middle/Junior High School Cook Elementary School
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Cellar Full
Total Bedrooms 6
Total Baths 3
Bedrooms Possible 6
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Garage Door Opener Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 2756
Waterfront Y/N N
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* Excluded Features
List By
Keller Williams Infinity

Broker

ife.osundolire@kw.com;ifelanwa@gmail.com

Email

Affordability Calculator

$2,148
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,847
Monthly Property Taxes
$301
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4435569 Elementary School
4764064 Middle School
Hirsch Metropolitan High School High School
Pricing History
DatePricePrice ChangeDescription
3/13/2026$300,000 Listed Price

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8047 S Justine Street, Chicago, IL, 60620 is a Multi-Family Home for sale at $300,000 with 2,672 sqft. 8047 S Justine Street has 6 bedrooms, 3.0 baths, and was built in 1920. The property's zip code is 60620 which is in Chicago, IL