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$217,420
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Property Description
Located on the East Side this jumbo 4 unit building offers tons of cash flow potential to a buyer seeking a passive investment and is not a building which should be overlooked! Can look at this building in two scenarios, live in one unit and rent the other three out while creating cash flow or rent all four units out, either way this is a win win situation! Each unit is very spacious with 2 bedrooms per unit, large living room area, spacious kitchen area and overall good size! There are minor updates needed to the units but the potential for value add is there! There is a parking pad on the rear of the lot, build a garage and add value to the building, the basement is unfinished, duplex the first floor units down to create more equity upside! Any way you look at this building this is a win win situation!
Full Property Details
Full Property Details for 8709 S Escanaba Ave
General
- Sold For: $217,420
- Taxes: $1,904 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12505456
- Added to Site: 127 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Total Spaces: 2
Location
- Area: CHI - South Chicago
- County: Cook
- Driving Directions: 87th east of Chicago Ave to Escanaba south to property on
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Construction: Aluminum Siding, Frame
- Exterior Const.: Aluminum Siding, Frame
- Basement Desc.: Unfinished, Full
- Year Built: 1888
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 140
Financial Considerations
- Assessment Year: 1888
- Tax Amount: $1,904
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: REO/Lender Owned
- Property ID: 26062010040000
Listed by RE/MAX Premier
Sold by Grinker & Garcia Real Estate
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Schools
Schools serving 8709 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 | 0.4 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 8709 S Escanaba Ave
Date
Details
Price
Change
Source
1/29/2026
Sold
$217,420
-3.33%
MLS
10/28/2025
Listed
$224,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8709 S Escanaba Avenue, Chicago, IL 60617 (MLS# 12505456) is a Multi-Family property that was sold at $217,420 on January 29, 2026. Want to learn more about 8709 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.

