8559 S Escanaba AVE Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60617
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12303839
Bedrooms 10
Year Built 1913
Annual Tax Amount $2,955
Tax Year 2023
Lot Dimensions 25X125
Property Sub-Type Two to Four Units
Property Description
ABSOLUTE STEAL! Great investment opportunity for First-Time Buyers & Savvy Investors! Here's your chance to own a 4-unit property that can provide you with a positive CASH FLOW! This property has potential to profit over 100k in equity after some TLC. Layout = (2) 2 Bedrooms + (2) 3 Bedrooms --- One with 12 Ft Ceilings. Unfinished basement with endless possibility for a Common Laundry Area or additional Storage. Off Street Parking w/ a 2 car parking pad in the rear. Total Rental Income of approx. 5,000+/month + 60,000+/Year. The property is located 5 minutes walking distance from the newly built South Chicago Dispensary, the Metra train, 10 minutes walking distance from Rainbow beach, located near schools, retail shopping and local markets. Just a few blocks away from major economic developments unfolding in the area. Perfect opportunity to invest in a thriving market. Research: THE PSI QUANTUM CAMPUS PROJECT SET TO BE LOCATED AT THE FORMER USX SITE CHICAGO'S SOUTH SIDE. THE INVERTCHICAGO
Location
State IL
County Cook
Area Chi - South Chicago
Rooms
Basement Unfinished,Full
Interior
Heating Natural Gas
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition None