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$499,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • Updated 43 minutes ago
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Great investment opportunity! Well-maintained 4-unit building featuring four spacious 2-bedroom, 1-bath apartments. All units have spacious living areas and kitchens with some updates. All the units offer mostly hardwood flooring throughout and remodeled bathrooms. All four units are currently occupied with month-to-month tenants. Recent improvements include a new roof, soffit and fascia (January 2025), new exterior doors, and updated electrical throughout. The property features four separate electric meters plus a common meter, four gas meters, and four separate heating systems, with tenants responsible for their own gas and electric. Three of the four water heaters are newer. Additional amenities include five/six parking spaces; the basement has a great ceiling and great storage space; and a coin-operated washer and dryer. A solid opportunity for investors seeking a well-maintained multifamily property with separate utilities and established rental income but with the possibility with higher income.

Full Property Details for 8939 S Blackstone Ave

General

  • Price: $499,900
  • Taxes: $5,121 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12775061
  • Updated: Today (10/13/2026)
  • Added to Site: Today

Rental Information

  • Complex Features: Curbs, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Unfinished

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 8

Additional Information

  • Equipment: Carbon Monoxide Detectors, Sump Pump

Parking

  • Total Spaces: 5
  • Parking Features: Unassigned, Yes, Owned

Location

  • Area: CHI - Calumet Heights
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: 87TH ST E/W BLACKSTONE N TO PROPERTY

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, Sep Heating Systems - 2+, Individual Controls

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Model: 4 UNIT
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Unfinished, Exterior Entry, Concrete, Storage Space, Full
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Year Built: 1952
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 4

Manufactured Home

  • Model: 4 UNIT

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 69 x 125
  • Lot Features: Landscaped
  • Zoning: MULTI

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1952
  • Tax Amount: $5,121.86
  • Tax Year: 2025
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 25022200520000

Listed by RE/MAX Mi Casa and Re/Max In The Village

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Listing agents

— 8939 S Blackstone Ave —

  • RE/MAX Mi Casa

  • Re/Max In The Village

(815) 212-3718

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with our affiliated lender
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 8939 S Blackstone Ave

School District:Chicago Public School District 299
NameGradesDistance
Mcdowell Elementary School
1419 East 89th Street, Chicago, IL 60619
K-50.1 mi
Caldwell Elementary Academy Of Math & Sci
8546 South Cregier Avenue, Chicago, IL 60617
6-80.6 mi
Bowen High School
2710 East 89th Street, Chicago, IL 60617
9-111.6 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 8939 S Blackstone Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/13/2026
Listed
$499,900
222.52%
MLS
6/12/2009
Sold
$155,000
—
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 8939 S Blackstone Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,499
—
$24,600
-5%
2023
$5,499
3%
$25,999
—
2022
$5,363
2%
$25,999
—
2021
$5,243
29%
$25,999
43%
2020
$4,055
-2%
$18,159
-12%
2019
$4,157
2%
$20,636
—
2018
$4,086
-8%
$20,636
—
2017
$4,431
7%
$20,538
—
2016
$4,123
9%
$20,538
—
2015
$3,773
5%
$20,538
6%
2014
$3,605
2%
$19,383
—
2013
$3,534
1%
$19,383
—
2012
$3,486
—
$19,383
—
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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Listed by RE/MAX Mi Casa and Re/Max In The Village

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8939 S Blackstone Avenue, Chicago, IL 60619 (MLS# 12775061) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 8939 S Blackstone Avenue is currently listed for $499,900 and was received on October 13, 2026. Want to learn more about 8939 S Blackstone Avenue? Do you have questions about finding other Multi-Family real estate for sale in Calumet Heights? You can browse all Calumet Heights real estate or contact a Coldwell Banker agent to request more information.

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