$224,900

8709 S Escanaba Avenue, Chicago, IL 60617

  • 8 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1888
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

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!

Listing Status:
Active
Listing Office:
RE/MAX Premier : 708-246-6300
Listing Agent:
Ryan Smith : 708-246-6300
MLS ID:
12505456
  • Basement: UnfinishedFull
  • Heating: Natural Gas
  • Parking: Parking spaces: 2
  • Originating MLS: mred
  • School District: 299
  • County: Cook
  • Zoning: 26062010040000
  • Water: Public
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Ryan Smith, RE/MAX Premier

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mireles Elementary School

9000 S Exchange Ave, Chicago, IL, 60617

Grades KG-8

0.40 miles away

M

Mireles Elementary School

9000 S Exchange Ave, Chicago, IL, 60617

Grades KG-8

0.40 miles away

N

Noble St Charter-Baker Campus

2710 E 89th St, Chicago, IL, 60617

Grades 9-12

0.26 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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