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$518,863
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Property Description
Great opportunity for investors or owner-occupants looking to maximize rental income potential! This unique multi-unit property features a main building with two spacious duplex units plus a separate coach house, offering multiple streams of income. The first duplex combines the main level with the basement and offers 6 bedrooms and 2 bathrooms, providing ample space for large households or strong rental demand. The second duplex connects the upper level with the attic and features 5 bedrooms and 2 bathrooms, and was fully remodeled and includes updates such as newer furnace and AC recharger, new carpet, new countertops, paint, refinished hardwood floors, bathrooms, etc. making it move-in ready for tenants. In addition, the coach house in the rear includes 2 bedrooms and 1 bathroom that was fully renovated in 2025, creating an excellent opportunity for additional rental income or extended living. Coin laundry in basement was also recently remodeled. With its high bedroom count and three separate living spaces, this property presents outstanding cash flow potential for investors looking to maximize returns or for homeowners who want the tenants in the other units to help with the mortgage. The rental income potential in this building is truly exceptional and you don't want to miss this opportunity!
Full Property Details
Full Property Details for 8705 S Saginaw Ave
General
- Sold For: $518,863
- Taxes: $4,210 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12586423
- Added to Site: 221 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 13
Exterior
- Exterior Features: Balcony
Location
- Area: CHI - South Chicago
- County: Cook
- Driving Directions: 87th Street East Of Yates To Saginaw & South To Property On East Side of Street.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Partial, Walk-Out Access
- Year Built: 1919
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Additional Structures
- Other Structures: Guest House
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1919
- Tax Amount: $4,210.23
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 26061050020000
Listed by YUB Realty Inc
Sold by Mark Allen Realty ERA Powered
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Schools
Schools serving 8705 S Saginaw 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 | 0.2 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 8705 S Saginaw Ave
Date
Details
Price
Change
Source
8/28/2026
Sold
$518,863
-2.1%
MLS
6/05/2026
Price Reduced
$530,000
-5.36%
MLS
3/07/2026
Listed
$560,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8705 S Saginaw Avenue, Chicago, IL 60617 (MLS# 12586423) is a Multi-Family property that was sold at $518,863 on August 28, 2026. Want to learn more about 8705 S Saginaw 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.

