8559 S Escanaba Ave., Chicago, IL 60617

8559 S Escanaba Ave., Chicago, IL 60617
Photo 1 of 15
$229,000
Beds Baths Sq. Ft. Taxes Built
10 0.00 0 $2,954 1913
On the market: 2 days

Est. Monthly Payment:

$1,617($1,371 + $246 taxes*)

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APPROVED
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This legal-brick four-unit building in South Shore offers a clear path for growth and long-term value. The property includes two large three-bedroom units and two two-bedroom units, providing a versatile layout for future tenants, with additional upside in finishing the attic and basement into units. Market rents in the area run $1,700-$1,900/month for 3-beds and $1,250-$1,600/month for 2-beds. CHA voucher rates are $1,630 for 3-beds and $1,270 for 2-beds. South Shore has real momentum. The Obama Presidential Center, 3 miles away, opens in June 2026 and is already pulling attention and investment into the corridor. The proposed Bears stadium and entertainment district is 6.5 miles out, another longer-term tailwind for the South Side. Fantastic bones, great unit mix, and a neighborhood that's moving. This is a home run for the right buyer.
Listing courtesy of Dan Nelson, Compass