Accepting Backups
8559 Escanaba Avenue
Chicago, IL 60617
$229,000
10beds
4baths
—sqft
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About this home
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.
MLS Description — as provided by the listing brokerage.
The facts
Property typeResidential Income
Year built1913
Lot size—
Annual tax$2,954
CountyCook
MLS #MRD12592323
Days on market18
Features
Heating
Natural Gas
Parking
Off StreetGarage Faces SideYesOwned
Construction
Brick
Sewer
Public Sewer
Listed by
Compass
Dan Nelson
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/3/2026, 7:54:02 PM. All data should be independently verified.
This home is under contract but the seller is accepting backup offers. Contact a dwello agent to submit.
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