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$229,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 10 Total Beds
  • Updated 3 days ago
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This legal-brick four-unit building in South Shore offers a clear path for growth and long-term value. The property includes two large three-bedroom units and two two-bedroom units, providing a versatile layout for future tenants, with additional upside in finishing the attic and basement into units. Market rents in the area run $1,700-$1,900/month for 3-beds and $1,250-$1,600/month for 2-beds. CHA voucher rates are $1,630 for 3-beds and $1,270 for 2-beds. South Shore has real momentum. The Obama Presidential Center, 3 miles away, opens in June 2026 and is already pulling attention and investment into the corridor. The proposed Bears stadium and entertainment district is 6.5 miles out, another longer-term tailwind for the South Side. Fantastic bones, great unit mix, and a neighborhood that's moving. This is a home run for the right buyer.

Full Property Details for 8559 S Escanaba Ave

General

  • Price: $229,000
  • Taxes: $2,954 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12592323
  • Updated: 3/17/2026
  • Added to Site: 4 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Upper - Full Baths: 4

Bedrooms

  • Total Bedrooms: 10

Additional Information

  • Other Features: School Bus Service, Commuter Bus, Interstate Access

Parking

  • Garage: Yes
  • Total Spaces: 2
  • Parking Features: Off-Street, Garage Faces Side, Yes, Owned

Location

  • Area: CHI - South Chicago
  • County: Cook
  • Township: South Chicago
  • Driving Directions: From N, Take King Drive South to S. Chicago Ave., slight left on 87th, turn Left onto Escanaba Ave. arrive at address.

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Year Built: 1913
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 25 x 125

Financial Considerations

  • Assessment Year: 1913
  • Tax Amount: $2,954
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: Standard
  • Property ID: 21314180440000

Listed by Compass

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— 8559 S Escanaba Ave —

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  • Compass

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 8559 S Escanaba Ave

School District:Chicago Public School District 299
NameGradesDistance
Mireles Elementary Academy
9000 South Exchange Avenue, Chicago, IL 60617
K-80.6 mi
Bowen High School
2710 East 89th Street, Chicago, IL 60617
9-110.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8559 S Escanaba Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/17/2026
Listed
$229,000
-37.26%
MLS
9/06/2022
Sold
$365,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 8559 S Escanaba Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,954
3%
$14,000
—
2022
$2,880
2%
$14,000
—
2021
$2,815
1%
$14,000
11%
2020
$2,798
-4%
$12,561
-13%
2019
$2,901
2%
$14,438
—
2018
$2,852
-39%
$14,438
-34%
2017
$4,699
7%
$21,827
—
2016
$4,372
9%
$21,827
—
2015
$4,000
4%
$21,827
5%
2014
$3,856
2%
$20,784
—
2013
$3,780
261%
$20,784
256%
2012
$1,047
—
$5,837
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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8559 S Escanaba Avenue, Chicago, IL 60617 (MLS# 12592323) is a Multi-Family property with 4 units containing 10 bedrooms and 0 full bathrooms. 8559 S Escanaba Avenue is currently listed for $229,000 and was received on March 17, 2026. Want to learn more about 8559 S Escanaba 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.

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