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$329,999 Just Listed
Property Description
This property is an excellent opportunity for first time homebuyers who want an affordable path to homeownership. This three unit flat is located in a steadily improving neighborhood on the Southeast Side of Chicago and offers strong long term potential. Each unit includes appliances and features a comfortable two bedroom one bathroom layout. For first time buyers, this is an ideal chance to live in one unit and use the rental income from the other two units to help lower your mortgage. All three units are currently occupied by dependable tenants, which also makes this a solid option for investors seeking immediate rental income. The building provides spacious units and there is consistent rental demand in this area. As the neighborhood continues to improve, the property is well positioned for future appreciation. Whether you are purchasing your first home or looking to expand your real estate portfolio, this turn key three flat offers value, stability, and long term opportunity.
Full Property Details
Full Property Details for 8632 S Escanaba Ave
General
- Price: $329,999
- Taxes: $3,339 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12702080
- Updated: 7/10/2026
- Added to Site: 3 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 7
- Parking Features: Yes, Detached, Garage
Location
- Area: CHI - South Chicago
- County: Cook
- Township: South Chicago
- Driving Directions: Exit I-90 at 91st Street and head east. Once you reach Escanaba Avenue, turn north and continue straight until you arrive at the address.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Aluminum Siding
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Year Built: 1905
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 4687
Financial Considerations
- Assessment Year: 1905
- Tax Amount: $3,339.6
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 21314230310000
Listed by Cloud Gate Realty LLC
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Schools
Schools serving 8632 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 | 0.5 mi |
Bowen High School 2710 East 89th Street, Chicago, IL 60617 | 9-11 | 0.3 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 8632 S Escanaba Ave
Date
Details
Price
Change
Source
7/10/2026
Listed
$329,999
33.6%
MLS
4/14/2021
Sold
$247,000
—
Public Record
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
Tax History for 8632 S Escanaba Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,110
—
$21,600
116%
2023
$2,110
3%
$10,000
—
2022
$2,057
2%
$10,000
—
2021
$2,011
-19%
$10,000
-10%
2020
$2,470
-2%
$11,089
-13%
2018
$2,518
-2%
$12,746
—
2019
$2,561
-24%
$12,746
-19%
2017
$3,376
7%
$15,683
—
2016
$3,141
-3%
$15,683
-11%
2015
$3,245
10%
$17,707
11%
2014
$2,955
2%
$15,925
—
2013
$2,896
1%
$15,925
—
2012
$2,858
—
$15,925
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8632 S Escanaba Ave
8632 S Escanaba Avenue, Chicago, IL 60617 (MLS# 12702080) is a Multi-Family property with 3 units containing 6 bedrooms and 0 full bathrooms. 8632 S Escanaba Avenue is currently listed for $329,999 and was received on July 10, 2026. Want to learn more about 8632 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.
