Chicago, IL 60617,8559 S Escanaba Avenue
Chicago, IL 60617,8559 S Escanaba Avenue
Chicago, IL 60617,8559 S Escanaba Avenue
Chicago, IL 60617,8559 S Escanaba Avenue
Chicago, IL 60617,8559 S Escanaba Avenue
Chicago, IL 60617,8559 S Escanaba Avenue
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$ 299,000
Est. payment | /mo

10 Beds


$ 299,000
Est. payment | /mo

10 Beds

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12303839

Bedrooms 10

Year Built 1913

Annual Tax Amount $2,955

Tax Year 2023

Lot Dimensions 25X125

Property Sub-Type Two to Four Units

Property Description

ABSOLUTE STEAL! Great investment opportunity for First-Time Buyers & Savvy Investors! Here's your chance to own a 4-unit property that can provide you with a positive CASH FLOW! This property has potential to profit over 100k in equity after some TLC. Layout = (2) 2 Bedrooms + (2) 3 Bedrooms --- One with 12 Ft Ceilings. Unfinished basement with endless possibility for a Common Laundry Area or additional Storage. Off Street Parking w/ a 2 car parking pad in the rear. Total Rental Income of approx. 5,000+/month + 60,000+/Year. The property is located 5 minutes walking distance from the newly built South Chicago Dispensary, the Metra train, 10 minutes walking distance from Rainbow beach, located near schools, retail shopping and local markets. Just a few blocks away from major economic developments unfolding in the area. Perfect opportunity to invest in a thriving market. Research: THE PSI QUANTUM CAMPUS PROJECT SET TO BE LOCATED AT THE FORMER USX SITE CHICAGO'S SOUTH SIDE. THE INVERTCHICAGO

Location

State IL

County Cook

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas

Fireplace N

Exterior

View Y/N true

Building

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.media.homes/virtualtour/b7571c7a-1a74-43fa-9887-314c75befbc1

Listed by Shuatequa Johnson • Coldwell Banker Realty
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Making real estate fast, fun, and stress-free!

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8559 S Escanaba Avenue