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8559 S Escanaba Avenue Chicago, IL $ 229,000
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$ 229,000 Get more info
8559 S Escanaba Avenue
$ 229,000
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Recently Listed
Open House 3/21 11am - 2pm
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8559 S Escanaba Avenue

Chicago, IL, 60617
$ 229,000
Bedrooms10 Baths4.0

Monthly Estimate*

$ 1,410

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Multi-Family Home for sale in Chicago, IL

for $229,000 with 10 bedrooms and 4 full baths. This home was built in 1913.

This legal-brick four-unit building in South Shore offers a clear path for growth and long-term value. The property includes two large three-bedroom units and two two-bedroom units, providing a versatile layout for future tenants, with additional upside in finishing the attic and basement into units. Market rents in the area run $1,700-$1,900/month for 3-beds and $1,250-$1,600/month for 2-beds. CHA voucher rates are $1,630 for 3-beds and $1,270 for 2-beds. South Shore has real momentum. The Obama Presidential Center, 3 miles away, opens in June 2026 and is already pulling attention and investment into the corridor. The proposed Bears stadium and entertainment district is 6.5 miles out, another longer-term tailwind for the South Side. Fantastic bones, great unit mix, and a neighborhood that's moving. This is a home run for the right buyer.

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Open House

3/21/2026 11:00 AM - 2:00 PM
8559 S Escanaba Avenue Chicago, IL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
Multi-Family Active

Price

$ 229,000

Bedrooms

10

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,954

Style

Year Built

1913

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12592323
Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Construction Materials Brick
Year Built 1913
Township South Chicago
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 17
Status New
Directions From N Take King Drive South to S. Chicago Ave. slight left on 87th turn Left onto Escanaba Ave. arrive at address.
City Chicago
High School District 299
MLS Area CHI - South Chicago
Tax Annual Amount 2954
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 10
Total Baths 4
Bedrooms Possible 10
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Off Street Garage Faces Side Yes Owned
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 25x125
Waterfront Y/N N
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* Excluded Features
List By
Compass

Broker

Dan@DanLovesHouses.com

Email

Affordability Calculator

$1,656
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,410
Monthly Property Taxes
$246
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
566059 Elementary School
566846 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/17/2026$229,000 Listed Price

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8559 S Escanaba Avenue, Chicago, IL, 60617 is a Multi-Family Home for sale at $229,000. 8559 S Escanaba Avenue has 10 bedrooms, 4.0 baths, and was built in 1913. The property's zip code is 60617 which is in Chicago, IL

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