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$370,000
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Property Description
2 unit investment property located on a bright and airy tree-lined block in one of the south sides premier neighborhoods. This property is unparalleled when it comes its finishes and attention to detail. Seamlessly blending classic charm with modern updates. Whether you're looking to live in one unit and rent the other, or expand your investment portfolio, this turnkey opportunity is ready to deliver immediate value. Each spacious unit features updated kitchens with sleek quartz countertops, stainless steel appliances, and contemporary cabinetry. The bathrooms have been tastefully remodeled with designer tile and modern fixtures. Fresh paint, new flooring, upgraded lighting, and energy-efficient windows throughout give the entire property a fresh, bright, and welcoming feel. The property includes separate entrances and utilities for each unit, providing privacy and convenience. 2 car brick garage equipped with EV charging station and a private backyard round out the amenities, offering comfort and functionality for both tenants and owners alike. Ideally located near shops, restaurants, public transportation, and schools, this duplex is a rare find in today's market. Don't miss the chance to own a fully renovated, income-producing property with style and substance! Sellers agent is licensed IL Real estate agent with interest in the property.
Full Property Details
Full Property Details for 8501 S Essex Ave
General
- Sold For: $370,000
- Taxes: $4,092 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12353047
- Added to Site: 302 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Additional Information
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: On Site, Garage Owned, Detached, Garage
- Parking On-Site: Yes
Location
- Area: CHI - South Chicago
- County: Cook
- Driving Directions: 85th to Essex, on the corner.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Lake Michigan, Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Partially Finished, Full
- Year Built: 1950
- Built Before 1978: Yes
- Remodeled/Updated: 2025
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.13
- Lot Size Range: Oversized Chicago Lot
- Lot Dimensions: 48 x 126
- Fence: Yes
- Lot Features: Corner Lot
- Zoning: MULTI
- Fencing (Description): Fenced
Financial Considerations
- Assessment Year: 1950
- Tax Amount: $4,092.56
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 21313180430000
Listed by Keller Williams ONEChicago
Sold by Keller Williams ONEChicago
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Schools
Schools serving 8501 S Essex Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Coles Elementary Language Academy 8441 South Yates Boulevard, 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 8501 S Essex Ave
Date
Details
Price
Change
Source
6/06/2025
Sold
$370,000
5.71%
MLS
5/01/2025
Listed
$349,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8501 S Essex Avenue, Chicago, IL 60617 (MLS# 12353047) is a Multi-Family property that was sold at $370,000 on June 06, 2025. Want to learn more about 8501 S Essex 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.

