8939 S Blackstone Avenue Chicago, IL $ 499,900
8939 S Blackstone Avenue
$ 499,900
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8939 S Blackstone Avenue

Chicago, IL, 60619
$ 499,900
Bedrooms8 Baths4.0 Sq 3,200

Monthly Estimate*

$ 3,453

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Multi-Family Home for sale in Chicago, IL

for $499,900 with 8 bedrooms and 4 full baths. This 3,200 square foot home was built in 1952.

Great investment opportunity! Well-maintained 4-unit building featuring four spacious 2-bedroom, 1-bath apartments. All units have spacious living areas and kitchens with some updates. All the units offer mostly hardwood flooring throughout and remodeled bathrooms. All four units are currently occupied with month-to-month tenants. Recent improvements include a new roof, soffit and fascia (January 2025), new exterior doors, and updated electrical throughout. The property features four separate electric meters plus a common meter, four gas meters, and four separate heating systems, with tenants responsible for their own gas and electric. Three of the four water heaters are newer. Additional amenities include five/six parking spaces; the basement has a great ceiling and great storage space; and a coin-operated washer and dryer. A solid opportunity for investors seeking a well-maintained multifamily property with separate utilities and established rental income but with the possibility with higher income.

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Multi-Family Active

Price

$ 499,900

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,121

Style

Year Built

1952

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12775061

Features
Exterior
Model 4 UNIT
Parking Features Unassigned Yes Owned
Lot Features Landscaped
Water Source Lake Michigan
Total Parking 5
Foundation Details Concrete Perimeter
Lot Dimensions 69 X 125
Lot Size Acres 0
Waterfront Y/N N
Other Equipment CO Detectors Sump Pump
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General
Sewer Public Sewer
Heating Natural Gas Forced Air Sep Heating Systems - 2+ Indv Controls
Possession Closing
Roof Asphalt
Zoning MULTI
Construction Materials Brick
Year Built 1952
Township Hyde Park
Tax Year 2025
Ownership Fee Simple
Gross Income 4575
Community Features Curbs Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 16
Status New
Directions 87TH ST E/W BLACKSTONE N TO PROPERTY
City Chicago
High School District 299
MLS Area CHI - Calumet Heights
Tax Annual Amount 5121.86
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Exterior Entry Concrete Storage Space Full
Total Bedrooms 8
Room Type Enclosed Porch
Total Baths 4
Bedrooms Possible 8
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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* Excluded Features
List By
Re/Max Mi Casa

Broker

letycrz11@outlook.com

Email

Affordability Calculator

$3,879
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,453
Monthly Property Taxes
$427
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/13/2026$499,900 Listed Price

Map


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8939 S Blackstone Avenue, Chicago, IL, 60619 is a Multi-Family Home for sale at $499,900 with 3,200 sqft. 8939 S Blackstone Avenue has 8 bedrooms, 4.0 baths, and was built in 1952. The property's zip code is 60619 which is in Chicago, IL