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8524 Oglesby Avenue

Chicago, IL 60617
Directions
$839,900
0beds
0baths
sqft
0.14acres
Anything from "is it priced right?" to "what's the catch?"

About this home

Turnkey, updated 6-unit building located in one of Chicago's rapidly appreciating South Side neighborhoods with the potential to generate close to $100,000 annually when fully leased. Each spacious 2 bed, 1 bath unit features updated kitchens and baths, stainless steel appliances, granite countertops, hardwood floors, and modern finishes that attract quality tenants. This is a true low-maintenance investment with tenants paying their own gas and electric, helping maximize cash flow and overall profitability. Additional income opportunities include the potential to add 2 ADU basement units (subject to city approval), which could generate approximately $26,400 annually, plus coin laundry income and a 4-car garage with the potential to bring in an additional $400/month. Located near major future developments including the Obama Presidential Center and the Illinois Quantum & Microelectronics Park, this property is positioned for strong long-term appreciation, cash flow, and future growth. A rare opportunity to own a high-upside multifamily asset in an emerging investment corridor.
MLS Description — as provided by the listing brokerage.

The facts

Property typeCommercial Sale
Year built1927
Lot size0.14 acres
Lot dimensions50X124
AreaCHI - South Chicago
Annual tax$6,389
First listedMay 13, 2026
Parcel #20364200200000
CountyCook
MLS #MRD12451274
Days on market2
Photos12

Features

Cooling
Window Unit(s)
Construction
Brick
Listed by
Taylor Realty Partners LLC
Warnita Taylor · 312-890-9910

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 5/14/2026, 11:28:03 PM. All data should be independently verified.

$839,900
0 bd · 0 ba
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