8559 S Escanaba Avenue, Chicago, IL 60617 - Photo 1

1/1

$215,000

Sold
Closed
Multi-Family
10 Total Beds

1/1

Property Description

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

Full Property Details for 8559 S Escanaba Ave

General

Sold For: $215,000
Taxes: $2,954 (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12592323
Added to Site: 99 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 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
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
Midd School District: 299

Heating & Cooling

Heating Type: Natural Gas

Utilities

Water: Lake Michigan

Structural Information

Construction: Brick
Exterior Const.: Brick
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

Disclosures and Reports

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

Listed by Compass
Sold by You Properties LLC

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Schools

Schools serving 8559 S Escanaba Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Mireles Elementary Academy 9000 South Exchange Avenue, Chicago, IL 60617	K-8	0.6 mi
Bowen High School 2710 East 89th Street, Chicago, IL 60617	9-11	0.4 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

Date

Details

Price

Change

Source

5/18/2026

Sold

$215,000

-6.11%

MLS

3/17/2026

Listed

$229,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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8559 S Escanaba Avenue, Chicago, IL 60617 (MLS# 12592323) is a Multi-Family property that was sold at $215,000 on May 18, 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.

8559 S Escanaba Ave Chicago, IL 60617