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$325,000
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Property Description
Solid, cash-flowing 3-unit building in the heart of Chicago's South Chicago neighborhood - a prime investment opportunity with excellent tenant stability and location upside. Each unit offers spacious layouts, updated finishes, and strong rental history. The building includes separate utilities, and a shared backyard with potential for added tenant value or outdoor amenities. Nearby access to local schools, public transit, shopping, and community centers adds to its leasing appeal. Located on a quiet residential block, 8344 S Mackinaw is ideal for an investor looking for immediate income with reliable tenants and the opportunity to continue growing rents over time, with some extra care and property updates.
Full Property Details
Full Property Details for 8344 S Mackinaw Ave
General
- Sold For: $325,000
- Taxes: $1,688 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12408930
- Added to Site: 198 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Location
- Area: CHI - South Chicago
- County: Cook
- Driving Directions: Take US-41 N and S DuSable Lake Shore Dr to E 84th St Continue on E 84th St. Drive to S Mackinaw Ave
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan, Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Partial
- Year Built: 1928
- Built Before 1978: Yes
- Remodeled/Updated: 2017
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3472
Financial Considerations
- Assessment Year: 1928
- Tax Amount: $1,688
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 21322020420000
Listed by Marblestone Property Group LLC
Sold by Neighborhood Assistance Corp.
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Schools
Schools serving 8344 S Mackinaw Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Sullivan Elementary School, Chicago, IL 8331 South Mackinaw Avenue, Chicago, IL 60617 | K-8 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8344 S Mackinaw Ave
Date
Details
Price
Change
Source
11/25/2025
Sold
$325,000
—
MLS
7/01/2025
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8344 S Mackinaw Avenue, Chicago, IL 60617 (MLS# 12408930) is a Multi-Family property that was sold at $325,000 on November 25, 2025. Want to learn more about 8344 S Mackinaw Avenue? Do you have questions about finding other Multi-Family real estate for sale in South Chicago? You can browse all South Chicago real estate or contact a Coldwell Banker agent to request more information.

