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$125,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • Updated 20 hours ago
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This is an amazing opportunity to build equity or creating a great investment with passive cash flow and should not be overlooked! Located on the hotter than hot south shore, this is a jumbo 4 unit building which offers two bedrooms, one bath per unit with a full basement! The home has had renovations started but still needs to be finished. The first-floor units offer newer flooring, newer drywall and updated bathrooms, while the second-floor units are framed out and not finished but this is where the value-add upside lies! The building features a full unfinished basement, which can be duplexed down from the first-floor units or keep as storage space! This building can generate amazing cash flow, and this is not a building you will want to overlook!

Full Property Details for 8747 S Escanaba Ave

General

  • Price: $125,000
  • Taxes: $1,269 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12606317
  • Updated: 4/2/2026
  • Added to Site: 3 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 8

Location

  • Area: CHI - South Chicago
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: 87th EAST TO ESCANABA AVENUE TO 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: Public

Structural Information

  • Construction: Aluminum Siding, Frame
  • Exterior Const.: Aluminum Siding, Frame
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Year Built: 1892
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 3475
  • Zoning: MULTI

Financial Considerations

  • Assessment Year: 1892
  • Tax Amount: $1,269
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 26062010190000

Listed by RE/MAX Premier

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— 8747 S Escanaba Ave —

  • RE/MAX Premier

(708) 497-2538

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NMLS#: 1598647

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 8747 S Escanaba Ave

School District:Chicago Public School District 299
NameGradesDistance
Mireles Elementary Academy
9000 South Exchange Avenue, Chicago, IL 60617
K-80.3 mi
Bowen High School
2710 East 89th Street, Chicago, IL 60617
9-110.2 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 8747 S Escanaba Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/31/2026
Listed
$125,000
52.44%
MLS
9/08/2021
Sold
$82,000
—
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 8747 S Escanaba Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,269
3%
$6,000
—
2022
$1,238
130%
$6,000
—
2021
$538
-73%
$6,000
-50%
2020
$1,988
-5%
$12,004
-13%
2019
$2,089
2%
$13,798
—
2018
$2,052
-32%
$13,798
-20%
2017
$2,999
1%
$17,278
—
2016
$2,968
10%
$17,278
—
2015
$2,692
3%
$17,278
4%
2014
$2,604
2%
$16,569
—
2013
$2,541
—
$16,569
—
2012
$2,531
—
$16,569
—
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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8747 S Escanaba Avenue, Chicago, IL 60617 (MLS# 12606317) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 8747 S Escanaba Avenue is currently listed for $125,000 and was received on March 31, 2026. Want to learn more about 8747 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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